Renting in Toronto: a booming city
Toronto is booming, and Toronto’s downtown core accounts for about 25% of all the office space currently being built in Canada. But there’s also major residential and non-office construction going on, including the renovations of Union Station, the development of the Yorkdale Shopping Centre, and the much-anticipated construction related to the 2015 Pan Am/Parapan American Games.
If you’re planning on renting an apartment in Toronto, take a look at forecast growth in Toronto’s Official Plan, which guides the city’s growth for the next couple of decades and forecasts more than 1.66M jobs in the City and predicts 3.19M residents by 2031. Will you be counted among them?
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