Even as rents soar more than half of new condo investors with a mortgage are now losing money renting them out, a new report says. Read more
For the first time last year, more than half ofwith a mortgage were losing money on their rental properties in the Greater Toronto Area even as rents soared to new highs, says a report by CIBC and research firm Urbanation Inc.
“While the rental market recovered and rents reached new highs in 2022, that growth was more than offset by
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