For years, Toronto depended on pre-construction condos to fuel rental supply but that model has stalled. In Q1 2026, no new GTA condo projects launched, and sales dropped 94% below the 10-year average. This shift signals a new reality: purpose-built rentals are re-emerging as the main driver of new housing, backed by better financing, easing construction costs, and a tightening supply pipeline.

Read our latest blog post to learn more.

Montoro Developments secures 92% loan-to-cost construction financing for Grimsby, Purpose-Built Rental project within the Cranson Capital PBR Fund.