heh my teacher was at core a while back. he's always talking well about that company but recommended i look for start-ups moreso because thats when they hire more people (and a larger number of out of school-ers)
id be also guessing that 40k is the good "middleground" for a compositor out of school..maybe 45k in a good company. if its rotoscoping itll probably be 35k+.
Like you said though. apartment prices arent as huge as in NY or anything..but not cheap either.
I think iMax is also a good company to look at as a startup in toronto.