4. The 'Manhattanization' of Toronto In Toronto, prices for single detached homes and townhomes are projected to go up 30% to 50% in the next decade. 83.4% of people in New York City live in Condos or Apartment Buildings. Condo living is sure to be the default housing option for those who want to remain in the Downtown Core

5. Who Is Buying Toronto Condos? Affluent immigrants and foreign investors are lining up with the traditional buyers that include: empty nesters, boomers, and young professional couples and individuals

6. Toronto VS. The World Just how expensive—or not—is it to buy a condo in Toronto? The city sits at No. 15 out of 94 on the, based on average U.S.-Global Property Guide’s ranking of the World’s Most Expensive Citiesdollar prices per square foot of centrally located condominiums (assuming a 550 square feet—one-bedroom unit): Price in Toronto: $385,000 CHEAP compared to… Monaco $3,056,270 London $1,194,000 Hong Kong $839,000 Tokyo $658,000 New York $615,000

8. “If you want to live in central Toronto, you’re going to have to live in a condo. Families will be forced to buy into high-density living. It’s the natural evolution of a city.” From Toronto Life Magazine Quoted: Condo mogul Brad Lamb thinks Toronto will soon be exactly like New York

9. Toronto's new condo mix Condos seem to be getting smaller not bigger

10. Average price/sf. of current remaining inventory by submarket The most expensive submarkets of Bloor- Yorkville, and the Downtown Core still lead the way on average price /sf at over $800/sf.

11. From The Globe and Mail’s Report on Business: “Condos have become the de facto new rental supply,” says consultant Barry Lyon. That supply is much more expensive than old rental high-rises. Lyon and other analysts say that renters typically pay 50% more for a new condo unit than they would on rent for a comparable apartment in an aged building.

12. TORONTO CONDO RENTAL MARKET  A total of 3,919 condominium apartments were leased in Q1-2013 on the MLS system, up by 31% from a year ago.  Over the past two years, rents have risen by more than 10%, equal to an additional $170 per month or 23 cents per square foot on average.  Demand for renting condos has heated up with less first- time buyers. Rental transactions have exceeded resale volumes in the condo market since mid-2012  Investors are increasingly choosing to hold their units rather than flip them for sale. Press Release: 2013 by Urbanation Canada’s leading condominium market research company.