Toronto Condo Glut Forces More Landlords to Lure Tenants with Incentives Like Free Rent, Says Urbanation

Toronto condo glut forces more landlords to lure tenants with incentives like free rent, says Urbanation

Some parts of Canada have become a renter's market, with more landlords offering rental incentives to entice would-be tenants. Find out more

65% Of GTHA Landlords Offering Rental Incentives As Demand Slows And Supply Grows

The percentage of Greater Toronto Hamilton Area (GTHA) landlords offering incentives continued to tick up in the second quarter, nearly doubling the amount offering incentives a year ago. From free months of rent to straight cash, Urbanation's Q2-2025 rental market report finds more and more landlords are getting creative about filling units. 65% of GTHA landlords were offering incentives last quarter, up from 36% in Q2-2024. This follows simila…