More than two thirds of condo investors in Toronto plan to sell due to new vacant home tax

Image by Michael Gaida from Pixabay

When looking at those who invested in condos specifically, that number became even more drastic, with more than a whopping two-thirds of owners considering selling according to TRREB's Market Year in Review and Outlook 2021, in part due to a prospective vacancy tax, as well as further restrictions on Airbnbs.

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