If owning a condo property in Ontario wasn’t already hard enough – price per square foot on new builds continues to climb, making one of the last “affordable” property types in the provinces even less so; COVID-19’s throttling of tourism has killed many investors’ income streams, leading many market-watchers to speculate around a looming mass sell-off; a lack of immigrants and students has forced the owners of countless condo units to lower their rents – it’s starting to get a little tougher. Read the article………………………………….
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