Real estate vacancy rates in Toronto and Montreal remain low, but condo vacancy rates are high

Vacancy rates for condos in Toronto, Montreal and the Ottawa area are high and remain below pre-crisis levels, according to a new survey by real estate agency RENT3.The survey by RENT and brokerage firm Lend Lease shows that Toronto’s condo vacancy rate is 5.5% compared to 6.5%, Montreal’s is 4.3% and Ottawa’s is 3.6%.The survey …