The pricing gap between the cost of a Freehold property in Toronto (detached & semi-detached) versus a Condo has exploded over the last year. This has been driven by increased demand people wanting more space during Covid, the majority of home-buyers are high income earners whose employment was not affected by the pandemic, historically low interest rates and historically high savings rates.

The last time the freehold-condo price gap surged liked this, condo prices soared 32% over the following 2 years to narrow the price gap.

Don't try to time the bottom. Invest now to secure long-term returns.

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