Invest in growth.
Since 1950, Toronto has seen an average year-over-year population growth of 72,658 or 2.49%. Multinational employers and world class educational institutions make their home in Toronto. As a result, there is high demand for residential real estate.
Amidst this growth, the supply of residential real estate remains restrictive due to site availability, development opportunities, land use restrictions, and government regulations.
This presents an opportunity for real estate investors looking to build equity and cash flow by investing in residential real estate.
Since 1996, The Toronto Regional Real Estate Board has reported an average price growth of 6.35% year-over-year for residential properties in the City of Toronto (non-compounded, not adjusted for inflation).
Toronto population growth from 1950 to 2023.
Residential properties average price growth from 1988 to 2023.
Opportunities
Where are the opportunities in investing in Toronto real estate? Aside from price appreciation due to external factors you can not control, and by factors you can influence (such as improvements and renovations), there are multiple ways to build and grow your wealth through real estate.