The Great Toronto Apartment Tally: Counting Crash Pads and Condos in the 6ix
Ah, Toronto. A city of soaring CN Towers, steamy Timmies, and enough apartments to house a small country (well, maybe a cozy Switzerland). But just how many apartments are we talking about, eh? Buckle up, because we're diving into the fascinating, slightly obsessive world of Toronto's apartment count.
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| How Many Apartments In Toronto |
By the Buildings: A Skyscraper Soiree
First things first, let's talk buildings. Rentech Digital, the folks who know their high-rises from their low-rises, claim there are a whopping 843 apartment buildings in Toronto as of June 15, 2024. That's a concrete jungle gym waiting to happen! Imagine all the fire escape chats and balcony barbecues – enough to make a social butterfly faint (from excitement, of course).
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But Wait, There's More: The Unit Breakdown
Now, buildings are all well and good, but what about the actual apartments themselves? Here's where things get a little fuzzy, like trying to decipher a Toronto streetcar map. The 2016 census data suggests there were over 680,000 apartment units in buildings with five or more storeys. But that was eight years ago, and let's be honest, Toronto loves a good condo boom.
Urbanation, a real estate consultancy with their finger on the pulse of the market, estimates there were 79,897 apartment units under construction in 2020 alone. So, if you add those to the existing count, we're looking at a seriously impressive number of places to hang your hat (or toque, depending on the season).
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The Great Flip: Full or Floating?
Now, here's the plot twist: not all apartments are created equal. Some are cozy bachelor pads, while others are luxury condos gathering dust as investments. A group called "50000 Apartments Now" estimates there could be 65,000 vacant apartments, nicknamed "ghost units." Spooky! That's a lot of empty space in a city grappling with affordability.
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So, How Many Apartments Are There Really?
The truth is, there's no single, definitive answer. The number's constantly on the move, like a squirrel with a caffeine addiction. But hey, that's the beauty (and maybe the frustration) of a dynamic city like Toronto.
How to Get a Piece of the Pie (or Apartment)
QuickTip: Absorb ideas one at a time.
Feeling overwhelmed by the sheer number of apartments? Don't worry, we've got you covered. Here are some quick tips:
How to Find an Apartment in Toronto:
- Embrace the online hunt: Hit up rental websites and hit refresh like it's your job.
- Be prepared to move fast: In this market, good apartments vanish quicker than a free sample at Costco.
- Network like a champ: Let everyone know you're looking – that friend of a friend of a cousin might have the perfect lead.
How to Survive Living in a Toronto Apartment:
- Master the art of layering: Because let's be honest, personal space is a luxury.
- Become a champion roommate communicator: Passive aggression won't get you far. Open communication is key.
- Befriend your neighbours: They might become your chosen family (or at least free babysitters).
There you have it, folks! A crash course in the wonderful world of Toronto apartments. Now get out there and find your perfect nest (even if it's the size of a shoebox)!
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