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Lifestyle, Luxury Condominiums, Real Estate Market Marco Chiappetta Lifestyle, Luxury Condominiums, Real Estate Market Marco Chiappetta

Toronto Rent Boom Drives Record-Breaking Sales In Apartment Buildings

Rising rents across Toronto led to record-breaking sales for multi-residential apartment buildings in the third quarter, according to a report released Friday by commercial real estate firm Avison Young Canada Inc.

Demand for other commercial real estate assets continued to outstrip supply, the report said. Investors racked up more than $4 billion worth of deals in the third quarter

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