26 Jul Report: These are the neighbourhoods where it’s cheaper to own a condo in Toronto.
Original article via Daily Hive. Click here to read.
When it comes to living in Toronto, is it better to buy or rent a condo?
Not surprisingly, the challenge of owning and finding a rental in Toronto’s condo market both continue to increase dramatically.
Currently, the average condo price in Toronto is at an all-time high of $603,480 (Q2 2018), which is up 6.5% from last year, while rental vacancy rates continue to be at a historic low below 1%, according to full-service real estate brokerage Zoocasa.