This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies. More information



More Foreign Investors are Buying New Condos in Toronto Than Vancouver

The Canada Mortgage and Housing Corporation did a study of foreign ownership of new condos in the Toronto and Vancouver metropolitan areas.

In Vancouver, it found foreign owners had bought 6% of condos completed since 2010, while for new Toronto condos, that figure rose to 10%.

“This report represents another piece in the puzzle of foreign investment in Canada,” said Bob Dugan, Chief Economist at CMHC.

Nevertheless, these figures are still comparatively high for Canada. In Calgary, for example, only 0.2% of condos built since 2010 have foreign owners. In Montreal, that figure is 1.2%.


Source:  Vancity Buzz / CMHC


If you want to buy or sell a Toronto condo or loft, contact Casey Ragan at 416-486-5588 or by email at


Casey Ragan

“Toronto’s Condo Authority”

Toronto Condos and Lofts

Like Me on Facebook

Follow Me on Twitter

Link to Me on LinkedIn


RE/MAX Hallmark Realty Ltd., Brokerage
723 Mount Pleasant Road
Toronto, ON
M4S 2N4



Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 2/17/2019 7:44:03 PM