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What It's Like Out There

• "Apartments account for about one half of Toronto's Dwelling units and 49% of the population are renters"
  (Source: " A Framework Strategy to Ensure that Privately-Owned, Multi-Unit Residential Buildings are Maintained in Accordance with the Provisions of the Toronto Municipal Code", staff report by Paula M.Dill for the Toronto Planning and Transportation Committee)
  
  
• There are 454,430 units in 3,590 rental apartment buildings in Toronto."
  (Source: Dill report)
  
  

Toronto Renter Households
Experiencing Affordability Problems in 2000
(Source: Statistics Canada, TD Economics)

30% or more of income spent on shelter:          42%

50% or more of income spent on shelter:          20%

• Shelter Gap: "The gap between what the poorest 20% of Toronto's households can afford to pay in rent (30% of gross household income) and the price of the lowest average apt. units (2/3 of average rental rates) is $4000."
  (Source: TD Economics)

Rental Stock in Need of Major Repairs in Toronto
(Source: Statistics Canada (1991, 1996 & 2001 Census), TD Economics)

Share Of Total Rental Stock

• " Very few purpose-built rental units have been constructed in recent years and the number of rental units is accompanied by concerns about the state of the aging stock and the need to ensure that the health and safety of tenants is protected."
  (Source: Dill report)