Toronto’s Shift to Rentals Could Break the Housing Market

Toronto’s condo construction has stalled while purpose-built rentals surge to record levels. In this video, I explain why developers are abandoning condo projects, how CMHC incentives like MLI Select are reshaping the market, and what this shift means for affordability, ownership supply, and the future of Toronto real estate. If you want to understand Toronto’s rental boom, condo cancellations, and why homeownership is getting harder, this is the breakdown you need. Eric Dietterle Realtor® Nest Seekers International Real Estate www.erictherealtor.ca Cell: 416-277-2949 Email: [email protected] Instagram: eric.dietterle Strava:   / strava   00:00 Overview of the Issue 1:10 Why Rentals are Surging 2:24 CMHC Loans Explained 4:22 Why Rentals are Surging Continued 6:03 Condos are Converting to Rentals 8:02 Why Rentals Can't Convert to Condos 9:44 Are We Even Building What People Want? 10:46 Cracks in Demand 12:28 Why This is Also a Problem for Tenants 13:49 The Effect of too Many Rentals