The Star: Condo prices are set to put many investors in the red as rents fail to meet carrying costs, experts warn

There’s no shortage of people lining up to invest in the city’s burgeoning condo market — many of them mom and pop investors who see rental units as a hedge for their children against the increasingly unaffordable property market. Others are self-employed individuals without a pension who view a condo as an appreciating asset to help fund their retirement. But real estate experts are warning that the investment scene will shift in less than five years as the cost of condos continues to climb at the same time Toronto tenants show signs of hitting a wall when it comes to paying for an apartment. Read More...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988