GTA Rental Market Overview

Higher rent growth in primary rental market
Rent growth, GTA

Above Average Rent Growth in KCW, Ottawa, Windsor & Northern Ontario
Common Sample 2-bed apt rent – % chg.

Turnover rates lower in most markets
Turnover rate (%)

Vacant unit rents are on average 25% higher
Toronto CMA average rents ($)

Rental supply is increasing
Rental apartment completions as a share of condominium apartment completions

Newer primary rental units charge similar rents as condos
City of Toronto (Zone 1-4)