Toronto Condos Downtown
Toronto Condos continue to add supply to the resale and rental markets.
Toronto saw the apartment vacancy rate at 1.1 per cent by the end of 2011 compared to 1.6 per cent at the end of 2010.
Competition for new rental units aimed at young professionals and baby boomers saw upward pressure put on investor-held Toronto Condominiums.
Toronto Renters are flocking to many downtown Condos close to their work and also close to entertainment.
Average Toronto Condo prices increased 7.2 per cent to $336,748 in the fourth quarter of 2011.
