Reasons to Love Toronto Now: because swanky rentals are coming soon
Hover or tap numbers for annotations. (Images: courtesy of developers)
Toronto needs more rental buildings. As housing prices continue to climb out of reach, millennials and young families are recalibrating their five-year plans, searching for ways to build stable futures in borrowed rooms. Their options are limited. Condos, which represent 99 per cent of the city’s new rental supply, leave tenants at the mercy of capricious landlords who can sell at any time—a drag for students in their 20s but a full-blown life crisis for families with kids. Over the past year, a flurry of purpose-built rental developments across the GTA were announced, most of them equipped with the lavish modern amenities—yoga studios, rooftop pools, e-car charging stations—that you’d expect to find in a downtown condo tower. Here, six of the best.
Toronto needs more rental buildings. As housing prices continue to climb out of reach, millennials and young families are recalibrating their five-year plans, searching for ways to build stable futures in borrowed rooms. Their options are limited. Condos, which represent 99 per cent of the city’s new rental supply, leave tenants at the mercy of capricious landlords who can sell at any time—a drag for students in their 20s but a full-blown life crisis for families with kids. Over the past year, a flurry of purpose-built rental developments across the GTA were announced, most of them equipped with the lavish modern amenities—yoga studios, rooftop pools, e-car charging stations—that you’d expect to find in a downtown condo tower. Here, six of the best.){kind=link}
a one bedroom for $1700? who are these rentals for exactly?
this is some bulls*t right here.
This post originally referred to the “The Montgomery” by an incorrect name. We’ve fixed it.
Condos are often that much to carry a mortgage & pay condo fees. Finding anything reasonably priced that isn’t a slum is hard. Co-ops are a great option but very basic and waiting lists are long.
The address for the two towers at Balliol Park are 99 Davisville Ave and 118 Balliol Street
Here’s a good website resource for anyone searching for apartments in Toronto -> http://www.RentSeeker.ca