Before you fall in love with a condo, it’s wise to understand who lives in the building. These are your future neighbours. Are most of the units occupied by owners or are they owned by investors who have rented out their units?
There several reasons why you might care about the mix of renters versus owners
- Buildings with low % of renters have fewer residents moving in and out each month, which means less disruption for the residents
- Less wear and tear on the elevators and common areas with fewer residents moving in and out each month.
- Many renters are only there for one year so if you live next door to a renter, you may be getting a new neighbour each year.
Here’s a list of a few building Etobicoke with the lowest percentage of renters and the buildings with the highest number percentage of renters.
A Few Etobicoke Condos with the Lowest % Renters
Grand Harbour Condos – 2285, 2289 Lake Shore Blvd W Etobicoke
Palace Place – 1 Palace Pier Court Etobicoke
Palace Pier – 2045 Lake Shore B
Newport Beach – 2111 Lake Shore Blvd W, Etobicoke
Grenider Landing – 5 Maine Parade Dr Etobicoke
Park Lake Residence – – 1910 Lake Shore Blvd W Etobicoke
Southbeach – 88 90 Park Lawn Rd, Etobicoke
A Few Etobicoke Condos with Highest % Renters
Ocean Club Condos – 60 Annie Craig Dr Etobicoke
Westlake – 2012-2220 Lake Shore Blvd W Etobicoke
Nautilus at Waterview – 16 Brookers Lane Etobicoke
The information regarding percentage renters and owners in each building was collected from the property management of each of the condos.
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