This weekend there was a fantastic article in the Toronto Star about rental spikes. If you are considering purchasing an investment property than please take a look at this interactive map that the Toronto Star published. It will show you where the spikes have occurred based on a 5 year study and it can break it down by type of rental ie: bachelor, one bedroom rental, 2 bedrooms or 3 or more bedrooms. Please see the article at Toronto Star and let me know if you have any questions.
Enjoy!
Karen