Toronto — Historical Condominium Apartment Vacancy Rates (%) by Structure Size

  3-19 Units 20-49 Units 50-99 Units 100+ Units Total
2007 ** 1.5 c 0.9 a 0.7 a 0.7 a
2008 5.7 d 1.6 c 1.5 b 0.3 a 0.4 a
2009 ** 1.9 c 1.4 a 0.8 a 0.9 a
2010 5.0 d 2.2 c 2.1 c 1.6 b 1.7 b
2011 ** 4.0 d ** 1.5 c 1.6 c
2012 ** 5.3 c 1.0 a 1.1 a 1.2 a
2013 2.3 c 3.0 c 3.5 c 1.7 a 1.8 a
2014 ** 0.7 a 2.2 c 1.3 a 1.3 a
2015 ** 1.6 c 1.7 b 1.8 a 1.8 a
2016 ** 1.0 a 0.8 a 1.0 a 1.0 a
2017 0.7 b 1.2 a 1.0 a 0.7 a 0.7 a
2018 0.7 b 1.0 a 1.2 a 0.7 a 0.7 a
2019 4.0 d 0.8 a 0.9 a 0.8 a 0.8 a
2020 ** 1.4 d 1.5 b 1.9 a 1.9 a
2021 ** 1.0 a 1.0 a 1.7 a 1.7 a
2022 ** 1.7 c 1.0 a 1.1 a 1.1 a
2023 ** 1.7 c 0.8 a 0.6 a 0.6 a
Source: CMHC Secondary Rental Market Survey (opens in new window)