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. It seems that this percentage of investor-owned ...| Storeys
Data from Urbanation and CIBC highlights the fact that the GTA is “facing the most significant test since the 1991 recession,” and condo investors are feeling it hard.| Storeys
Toronto condo investors were losing an average of $223 per month in 2022, compared with earnings of $63 per month in 2020.| Storeys