Toronto condo rents soar nearly 11% amid tight supply

Thursday Apr 12th, 2018

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TORONTO CONDO RENTS SOAR NEARLY 11% AMID TIGHT SUPPLY Nicole Gibillini, BNN Image courtesty of: iStock Photo Toronto condo renters are facing sticker shock amid a supply crunch as new mortgage rules have been pushing more prospective homebuyers into the condo market. The average monthly rent for a Toronto condo surged 10.7% year over year to $2,206 in the first quarter of 2018, according to a report by real estate consulting firm Urbanation. The report said renters have moved... [read more]

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MATT SMITH

MATT SMITH

MBA, Real Estate Broker

ENGEL & VÖLKERS TORONTO CENTRAL, Brokerage

110 Avenue Road, Toronto, ON, M5R 2H4

matt@thesmithestate.com

(647) 929-7674
Matt SMITH, mba – ENGEL & VÖLKERS PARRY SOUND

Matt Smith is the License Partner and Broker of Record at Engel & Völkers Parry Sound. Matt is responsible for bringing the global brand to Parry Sound and prides himself provides high quality premium marketing strategies and family friendly services to home buyers and sellers in the beautiful Parry Sound area.

Matt Smith Toronto Luxury Real Estate
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