1 – Population Growth + 100k immigrants in Ontario around 40k new supply 257,000 people in ontario
2 – Strong rental market are up by 10.2% YOY Padmapper. No rent control amymore for new units
3 – Economical Growth The Toronto region’s GDP has grown by an average of 2.4 percent annually since 2009 compared to a national rate of 1.8 percent. Toronto GDP is about 18.6% of canada Toronto 2nd Financial place of North America Fastest growing tech hub Google sidewalk Amazon not in NYC, increasing their existing office – Toronto The city created 28,900 tech jobs in 2017, 14 percent more than in 2016, and up 52 percent over the past five years. Toronto’s additional tech jobs in 2017 totaled more than the San Francisco Bay, Seattle and Washington, D.C. markets combined.
4- Quality of Life In 2017, The Economist ranked it the fourth safest place in the world 2nd best city in north america for quality living by Mercer Mercer ranks quality of living.
5- Great universities GeorgeBrown new campus waterfront New downtown campus for College Boreal UofT best Canadian university