How Many Apartments Are There In Toronto

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The Great Toronto Apartment Hunt: Counting Units Like a Private Eye (Because Apparently Nobody Else Does)

Ever stared out at Toronto's ever-growing skyline and thought, "Man, that's a lot of windows. How many apartments do you think are up there?" Well, my friend, you've stumbled upon a question that plagues the minds of urban explorers and real estate enthusiasts alike. The answer, much like finding a decent one-bedroom under $2000, is a bit of a mystery.

But fear not, intrepid apartment adventurer! We're here to crack the case of Toronto's total number of apartments.

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How Many Apartments Are There In Toronto
How Many Apartments Are There In Toronto

Here's what we know (for sure-ish):

  • The Building Boom: Toronto's been on a high-rise hoedown for years. The folks at Currency Mart estimate there were over 680,000 apartment units in buildings with five storeys or more way back in 2016 [source: Currency Mart]. That's a whole lot of balconies for morning coffee (or, if you're a student, emergency fire escape yoga sessions).
  • The Construction Craze: And it's not slowing down! Urbanation, a real estate consulting firm with a name that sounds like a superhero origin story, tells us there were almost 80,000 new apartment units under construction in 2020 alone [source: Urbanation]. So, that number from 2016? Probably way higher by now.

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So, why the big mystery?

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  • The Data Dilemma: Apparently, there's no one official source tracking every single apartment in the city. Maybe someone should tell those census folks to up their counting game!
  • The Condo Conundrum: Let's not forget the condo situation. These fancy (and often fancy-priced) apartments add another layer of complexity to the equation.

The Verdict? It's a guessing game (but an educated one!)

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While we might not have an exact number, those estimates from Currency Mart and Urbanation give us a pretty good idea that Toronto's housing stock is in the hundreds of thousands.

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But hey, that doesn't mean you can't find your perfect place! With a little persistence (and maybe some serious negotiation skills), you might just snag that dream apartment with a view that'll knock your socks off (assuming you're wearing socks indoors, that is).

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Bonus FAQ: How to Find Your Toronto Dream Apartment

  • How to avoid becoming overwhelmed by the sheer number of options? Narrow down your search by neighbourhood, price range, and must-have amenities (pet-friendly? balcony? dishwasher that actually works?).
  • How to score a viewing? Be prepared to act fast! Decent apartments in Toronto tend to disappear quicker than free pizza at a frat party.
  • How to convince your landlord you're the perfect tenant? Channel your inner charm offensive and be prepared to show some proof of income (because rent doesn't pay itself, sadly).
  • How to negotiate rent? Do your research on average rent prices in your desired area. A little knowledge goes a long way!
  • How to survive the moving process? Recruit some strong friends, invest in pizza and good tunes, and maybe hire a professional mover if your furniture collection rivals the Smithsonian's.

Now get out there and conquer that Toronto apartment hunt!

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toronto.cahttps://www.toronto.ca/business-economy/major-employers
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centennialcollege.cahttps://www.centennialcollege.ca
bttoronto.cahttps://www.bttoronto.ca
gc.cahttps://weather.gc.ca

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