Tag: Toronto renters
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Top 5 GTA Suburbs Where Renters Are Becoming Buyers
As Toronto renters look for affordability, more are buying homes in GTA suburbs like Oshawa, Milton, and Ajax. Here are the top 5 suburbs where renters are turning into homeowners.
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Toronto Mayor Olivia Chow Opposes Ontario’s Bill 60, Says It Weakens Tenant Protections
Toronto Mayor Olivia Chow is pushing back against Ontario’s proposed Bill 60, warning that the legislation could strip away key protections for renters and make evictions easier across the province. Chow announced her opposition after reviewing the latest version of the bill introduced by Premier Doug Ford’s government. While the province says the goal is…
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1 in 5 Toronto Renters Spend Over Half Their Income on Rent, According to a New Report
Toronto’s housing market crisis is not limited to soaring home values that price residents out of ownership; renting is also becoming increasingly unaffordable. A recent report by Royal LePage reveals that nearly one in five Toronto renters now spend more than half of their monthly income on rent, highlighting the severity of the city’s affordability…
Canada Housing Market 