Condo To Rental Pivot Gains Momentum In GTA With ‘Big Behind-The-Scenes Push’
Storeys
AI Article Summary
In the Greater Toronto Area, a slow pre-construction condo market is leading developers to convert these projects into rental units. Nine projects have already made the switch with a total of 1,778 units, and many more are considering it. This shift addresses market demand and is supported by real estate analytics showing a significant move towards rentals. Experts indicate that this trend requires different logistical planning and additional investment compared to condos.
