Cmhc secondary rental report toronto

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Secondary Rental Market Statistics — Toronto Rental Condominium Apartments - Universe by Structure Size 2015 3-19 Units

Rental Condominium Apartments - Vacancy Rates (%) by Structure Size 2015 3-19 Units

1,550

1,804

20-49 Units

7,117

7,503

50-99 Units

20,861

22,112

100+ Units

309,315

325,966

Total

338,843

357,385

Rental Condominium Apartments - Average Rents ($) by Bedroom Type

2016

**

2016

2015

**

Bachelor

2016

**

1,428

b

20-49 Units

1.6

c

1.0

a

1 Bedroom

1,638

c

1,653

a

50-99 Units

1.7

b

0.8

a

2 Bedroom

1,754

b

2,029

a

2,487

b

1,901

a

100+ Units

1.8

a

1.0

a

3 Bedroom +

Total

1.8

a

1.0

a

Total

** 1,758

b

Other Secondary Rental Units - Average Rent ($) by Dwelling Type 2015

2016

Single

1,748

b

1,786

b

Semi / Row / Duplex

1,469

a

1,748

c

Other- Primarily Accessory Suites

1,039

b

919

d

Total

1,453

a

1,583

b

1.8

a

1.0

a

103,391

a

116,685

a

1,758

b

1,901

a

Secondary Rental Market Summary 2015 Vacancy Rate (%) - Condo Apt Rental Condo Apt Avg. Rent ($)

2016

Condo Apt Universe

338,843

Estimated Households

132,075

Avg. Rent ($)

1,453

357,385 132,688 a

1,583

b

Source: CMHC Secondary Rental Market Survey Notes: The following letter codes are used to indicate the reliability of the estimates: a - Excellent, b- Very good, c - Good, d - Fair (Use with Caution) ** Data suppressed to protect confidentiality or data not statistically reliable. - No units exist in the universe for this category n/a: Not applicable The information contained in this document is a printable version of information originally contained on CMHC website application https://www03.cmhc-schl.gc.ca/hmiportal/. CMHC makes considerable effort to ensure that the information and analysis on this application is reliable, but cannot guarantee that it is accurate or complete. The content of the application is general in nature and is not intended as a substitute for professional advice when making significant financial decisions. You understand and agree that

Š2014 CMHC-SCHL


Secondary Rental Market Statistics — Toronto by using this document and the information it contains, you will be bound by the terms of use of the CMHC website (http://cmhc.ca/en/imno/imno_003.cfm), and in particular, you agree that you may not hold CMHC liable for any consequences that arise if you choose to rely on this information and analysis to make a financial decision.

Š2014 CMHC-SCHL

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