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Toronto’s Short-Term Rental Bylaw Under Review

The City of Toronto is evaluating its short-term rental bylaw to identify areas of improvement. Specifically, the City is considering strengthening the primary residence requirement, streamlining the operator registration revocation process, introducing additional measures to curtail rental activity by unregistered…

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GTA Condo Rental Rates Hit Record High

Condominium apartment vacancy rates across the Greater Toronto Area have fallen dramatically since last year, resulting in ballooning rent prices. Average condo rents were up by double-digits annually for all bedroom types in the second quarter of 2022, surpassing record…

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Average Rents Projected to Continue to Rise

Average rents are expected to rise above 2019-peak levels next year, according to latest projections from Bullpen Research & Consulting and Rentals.ca’s National Rental Report. Among Canada’s five largest municipalities, Toronto is forecasted to have the strongest bounce-back in 2022,…

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