How to rent a condo for rent in Toronto

Toronto is a real estate paradise for renters, but the city’s housing market has long been a magnet for buyers.

And it’s about to get even more crowded.

While many Toronto condo owners have taken steps to get their properties listed on the Toronto Real Estate Board’s website, there are still plenty of vacancies.

And as we head into the summer, it’s not just condo buyers looking to rent out their properties.

According to the Toronto Board of Trade, there have been more than a dozen condo owners who have signed up to lease out their homes for rent or as part of a sale.

With the city having seen a surge in condo sales, the vacancy rate is at an all-time high, at 13 per cent, according to the TBRT.

The problem, says Toronto Real Property Board spokesperson Erin Kelly, is that “there are only so many units that can be rented out in the GTA.”

Kelly said the vacancy rates were a result of people being more cautious about where they are planning to build their homes.

Kelly said it’s “pretty clear” that many condo owners are renting out their units, “even though they have no intention of selling them.”

The TBRt said there are an estimated 1.2 million condo units in the Greater Toronto Area, but that doesn’t account for the number of condos that are currently under construction, which are mostly in the inner suburbs.

There are currently 1.8 million condos in the Toronto area, but not all of them are being built yet.

Kelly says the demand for rental units in Toronto is “extremely high.”

“It’s really a concern that there is a demand for condos in Toronto that we’re not building in,” Kelly said.

She says the number that are available “are very limited.”

Kelly says it’s a concern because the number one reason that people want to rent is because they need a place to live.

And she says that’s one of the reasons condo owners choose to rent their properties, because they can’t just move in and build their own home.

“The demand is there and they’re willing to pay the price, but there’s just not enough space available,” Kelly told CBC News.

Kelly is one of many condo advocates who have spoken out against the vacancy levels, calling them “unacceptable.”

She said condo owners “have been saying that they’re going to build new units, and that’s a great thing, but it’s also a bit problematic because they’re putting themselves out there in a situation where they don’t know how long they’re likely to last.”

The vacancy rate was highest in the city-wide suburbs of the Greater Golden Horseshoe, the Outer Ring and the West End, with rates hovering between 11 and 14 per cent.

According for the TSB, vacancy rates are the “result of people putting themselves in a position of uncertainty and they have the ability to make changes in the building of their properties.”

Kelly also said condo sales are a sign of the changing landscape in Toronto.

“I think the market is more of a buyer’s market right now,” she said.

“If you’re a new buyer, you’re looking for something with a lot of amenities and you’re willing and able to pay for that, that’s going to be the type of place that people are looking for.”

Kelly stressed that the rental vacancy rate in Toronto has remained fairly stable over the past decade.

“We have an apartment market that is really healthy,” she told CBC Toronto.

Kelly also pointed out that condo sales tend to be concentrated in certain parts of the city.

“It is a pretty big portion of the condo market,” she explained.

“A lot of those are people who are buying in the outer regions, so it’s sort of a small area.”

A survey by real estate research firm Re/Max showed that Toronto’s condo market has been “one of the best performing” in the country for the past year, with sales up 7.8 per cent compared to last year.

Re/ Max CEO Mark Karpeles said condo buyers “are not as hesitant to put a lot more money into a building as some other people are,” because they know they can be assured that their units will be able to hold up to the elements.

“They’re putting a lot in there,” Karpels said.

Realty experts say that condo prices in Toronto are expected to remain high, and they predict that condo buyers will continue to build more.

“While it is too early to see what the market will look like, condo prices are expected, and condo sales will continue, at a level that we have never seen before,” Re/max said in a statement.

“Toronto’s housing shortage will remain a problem for years to come.

It is essential that developers continue to look beyond their limited supply of condos to develop a new, robust supply of rental housing.”

While condo sales may continue to increase in Toronto, they are expected “to continue to be dominated by people who can afford to buy,” according to