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More than half of GTA condo investors losing money on properties, says new report Social Sharing Facebook Twitter Email Reddit LinkedIn

'A change in investor behaviour is on the horizon,' report says
The research from the Canadian Imperial Bank of Commerce and real estate research firm Urbanation found 48 per cent of leveraged condo investors who bought pre-construction units to rent out were cash flow positive in 2022. (CBC)

CBC
PUBLISHED: May 29, 2023

Written by: Tara Deschamps · The Canadian Press
Photo by: Mitul Shah from Burst