Tag Archives: Toronto Rental Market

Summary of Rental Market in 2nd Quarter: – 4,771 leased condominium apartments through TorontoMLS in Q2 2012 – up 3% from Q2 2011 – Number of apartments listed for rent grew faster than rental transactions – up 15% – Average 2-bedroom apartment rent was $2,088 – up 4% in comparison to Q2 2011 According to Ann Hannah, President of TREB: …

InterRent Real Estate Investment Trust has signed a deal to purchase a high-rise apartment property in Toronto for $9.3 million. The building has 96 suites and 122 parking spaces. InterRent has already purchased 1,000 suites this year so far that they claim would be strong for rental markets. [Source]