What sacrifices are you making to live in Toronto?
Living in Toronto comes with its sacrifices, including living in a shrinking space at a higher cost.
Last week young adults opened up to CTV News about partnering with their parents in order to buy properties in Ontario. In one case, a 32-year-old woman and her husband bought a house with her mother in Keswick, Ont., an hour north of Toronto.
But for those who can’t, or aren’t prepared to leave the city, paying a premium for a smaller space is a reality.
Condos built in Toronto have shrunk significantly over the last 25 years and are now approximately 400 square feet smaller than they were at the turn of the century, Statistics Canada found in 2023.
A condo in the city built between 1971 and 1990 had a median size of approximately 1,000 square feet while units built between 2016 and 2020 had a median size of about 650 square feet.
Meanwhile, the prevalence of ultra small condos has increased with some new units in downtown Toronto now as small as 300 square feet.
If you live in Toronto what sacrifices have you made when it comes to real estate? Are you making do with less space to stay in the city? What has that meant for you and your family? How has that shaped your day-to-day life?
CTV News wants to hear from you. Share your story by emailing us at torontonews@bellmedia.ca with your name, general location and phone number in case we want to follow up. Your comments may be used in a CTV News story.
CTVNews.ca Top Stories
Fact check: Trump falsely claims Democratic states are passing laws allowing people to execute babies after birth
Former U.S. President Donald Trump continues to try to depict Democrats as the 'true radicals' on abortion policy. To make his case, though, CNN's fact checker Daniel Dale argues the presumptive Republican presidential nominee has made wildly inaccurate claims.
Calgary 'using more water than it can produce', officials say
In an update on Friday morning, Calgary officials are urging the public to follow all the guidelines around water conservation because at the current rate of consumption, the city could run out of water.
Prince William is usher at wedding of aristocrat the Duke of Westminster
The wedding of 33-year-old Hugh Grosvenor, one of Britain's wealthiest landowners, to his partner Olivia Henson, 31, is one of the high-society events of the year in Britain.
WATCH Wage growth may have risen, but not for everyone. An economist explains why
Canada's economy added more jobs than analysts expected in May, but the jobless rate also ticked up. An economist explained the mixed bag of findings and why it may indicate that the economy is starting to slow.
Tessa Virtue and Morgan Rielly were ordered to stop painting their Toronto home. Here is why.
Decorated figure skater Tessa Virtue and Toronto Maple Leaf Morgan Rielly have hired a lobbyist as they seek permission to paint the exterior of their Rosedale heritage home, despite objections from city staff.
Strike looms for border workers if mediation doesn't deliver deal
Thousands of Canadian border workers could go on strike this afternoon if mediation doesn't deliver a deal before then.
He spent months visiting death row inmates and witnessed three executions. Here's what he's learned
On August 9, 2018, Steven Hale stood outside a Tennessee prison as a convicted murderer inside awaited a lethal dose of a three-drug cocktail. It was the first execution of a death row inmate in the state in nearly a decade.
Meet the joro, a flying spider scientists say could someday spread to Canada
Recent research suggests that an invasive species of large, colourful spiders that take to the air as babies could spread to Canada.
46-year-old competes for Miss Universe Ecuador crown as pageant's oldest participant
Ecuador may have a 46-year-old woman representing the small Andean nation in the Miss Universe beauty pageant later this year.