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37,580 units
- According to the latest data from last week, investors now own an unbelievable 56.7 per cent of Toronto condos built from 2016 to 2021, adding up to a whopping 37,580 units.
www.blogto.com/real-estate-toronto/2023/10/majority-new-condos-toronto-owned-investors/Data shows majority of new condos in Toronto are owned by ...
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Feb 7, 2023 · According to the newly-released numbers from StatCan, a total of 36 per cent of condos in Toronto — which have an average price of $711,171 in the 416 and $687,696 in the 905 — are owned by...
- Becky Robertson
Oct 23, 2023 · Condos made up the bulk of properties owned by an investor in Toronto — 37,580 condo apartments, or 56.7 per cent of units built since 2016. The majority of condos built before 2016 are all...
Oct 24, 2023 · According to the latest data from last week, investors now own an unbelievable 56.7 per cent of Toronto condos built from 2016 to 2021, adding up to a whopping 37,580 units. This group also...
- Becky Robertson
Feb 7, 2023 · A whopping 36 per cent of the condos in Toronto are owned by investors, according to a new report published by Statistics Canada via the Canadian Housing Statistics Program.
While a condo remains a home for the majority of condos owners, approximately half of new condos built in Toronto and Vancouver since 2016 are used as investment or rental properties.
In Toronto, Ontario, the percentage of occupied dwellings that were condominiums in 2021 was 23.9%. In Calgary, Alberta, the percentage of occupied dwellings that were condominiums in 2021 was 23.8%.
Oct 24, 2023 · Over half of the condo apartments built in Toronto in recent years were owned by investors, according to new data from Statistics Canada. From 2016 to 2021, investors owned 37,580 newly constructed condos in Toronto, accounting for 56.7% of new builds.
