Toronto Condominium buyers, especially the “Condo Investor type” seem to be investing in Condos that lose money everyday.

According to Toronto Condo research firms, there are more than 18,000 Condo suites selling every year for the last five years making Toronto, the largest Condominium market in North America.

At least 40-50 percent of buyers of these new Condominiums are investors  and most are holding on to their investment for capital appreciation, even if the Condo loses money in the short-term.

In fact the average Toronto Condo rental has not increased from 2007, making it more difficult for most investors to buy more expensive units.

Investors are now accepting a negative cash flow for better price appreciation in the near future.

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