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Condominium Apartment Rental Rates Drop in Greater Toronto

Demand Fails To Keep Pace With Listings From Investors During Pandemic, Trade Group Says
The condominium apartment rental rate plummeted in Toronto in the fourth quarter, according to a new report. (AshleyHardman/CoStar)
The condominium apartment rental rate plummeted in Toronto in the fourth quarter, according to a new report. (AshleyHardman/CoStar)
CoStar News
January 27, 2021 | 9:30 P.M.

Rental rates plummeted in the condominium apartment sector in Canada's largest city during the fourth quarter, according to the Toronto Regional Real Estate Board.

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