The shadow inventory of condominiums rented out by owners in the Toronto census metropolitan area rose by almost 24,700 units year-over-year, to 207,925 as of October 2024. That means 41 per cent of Toronto condos were on the rental market.
Graywood Developments is partnering with Japan’s Hankyu Hanshin Properties (HHP) to develop a $120 million condominium project in Oakville that Graywood president and CEO Stephen Price says could be the first of several JV projects with the Japanese firm.
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