Why Are So Many Big City Condos Sitting Empty?

In the midst of a housing supply crisis, thousands of condos in Canada’s largest cities are sitting empty. Most, experts say, are less than 500 square feet. Andrew Chang explains why there’s been an explosion of these so-called ‘shoebox’ condos, and why they’re suddenly struggling to sell.

If you decide to buy a new construction condo in Ontario, check out this article about Interim Occupancy Fees.