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‘Fierce’ competition for few units pushes prices higher as hot housing market keeps millennials in rentals. At the end of January, Nicole Meredith got a big, unpleasant surprise. The rent on her one-bedroom condo apartment in Queen West was jumping in just 90 days from $1,275 a month to $1,700
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The choice between buying a new independent house and owning a new condo in Toronto would soon be a difficult one. According to Canada’s leading real estate information services company, RealNet Inc., the price difference between a new single-family detached home and a new condo has reached almost $300,000 in February
The gap between the price of new condos and the price of new homes is widening in Toronto, hitting close to $300,000 in February according to RealNet. RealNet figures show the average price of new detached home or townhouse was $733,578 in February, compared with $442,672 for a condo, a
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