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)

PUBLISHED: May 29, 2023

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

Housing must be a priority in Toronto’s upcoming mayoral byelection

Mayor must focus on housing shortage, development process, efficient land use, and provision of infrastructure, community services, says Dave Wilkes.

PUBLISHED: April 7, 2023

Written by: Dave Wilkes - Building Industry and Land Development Association
Photo by: Photo by Shopify Photos from Burst