The question was recently asked, Who can afford Toronto Condos downtown?
My buyers have been professional people like accountants, lawyers, medical sales representatives, aerospace employees, doctors and several out-of-town buyers as well.
The fact that most downtown Toronto Condo buyers do not need a car and can literally walk to work rather than commute incurring more time and money helps pay the mortgage.
Toronto has a large choice of locations, sizes and affordable Condominiums in the downtown area, all competitively priced as well.
Investors in Toronto Real Estate from Toronto, Ontario, other provinces and other countries also play a big part in offering downtown Condo suites for rent.
Some of the larger Toronto Condominiums for rent are shared making the luxury Condos more affordable to rent with two or more sharing the lease.