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CMHC data on investors of new condos lacking – report

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Ephraim Vecina | 08 Apr 2016, 08:15 AM Agree 0
Industry observer group argues that CMHC needs to address the gap in reliable information on the condo investor sector
  • David Pylyp | 11 Apr 2016, 03:52 PM Agree 0
    Ownership data cannot be compiled until the units close. This means that the condo was registered and the new condo board wants to know who you are. Given that there are some 2000 plus condo buildings in Toronto and all are registered with the Ontario government a simple form letter to disclose what percentage are owner occupied should be sufficient.

    David Pylyp
    Toronto, On
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