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
Things a pediatrician would never let their child do
As summer begins for most children around Canada, CTV News spoke with a number of pediatric health professionals about the best practices for raising kids, and how the profession has evolved since the COVID-19 pandemic.
Should he stay or should he go now? A look at Trudeau's options after byelection loss
A historic defeat for the Liberals in a downtown Toronto byelection has put a glaring question mark on Prime Minister Justin Trudeau's political future. Here's a look at the options Trudeau and the Liberals face as they enter a summer of soul-searching.
Alabama man denied office after winning election reaches proposed settlement to become town's first Black mayor
An Alabama town and a Black man who was prevented from becoming its mayor after winning his 2020 election have reached a proposed settlement, according to federal court documents.
'Why did I have this surgery?' Ont. mother seeks answers after son's tonsil surgery
An Ontario mother said it looked like a horror movie when she flicked on the lights of her son’s bedroom to find him projectile vomiting blood after his tonsils were removed at McMaster Children’s Hospital.
Many older adults are still taking daily aspirin, even though some shouldn't be, experts say
Some seniors continue to take a daily aspirin in the hopes of reducing their cardiovascular disease risk, even though the practice is only recommended for certain high-risk patients -- and taking it without a doctor's recommendation can come with significant risks.
WikiLeaks founder Julian Assange returns to Australia a free man after U.S. legal battle ends
WikiLeaks founder Julian Assange returned to his homeland Australia aboard a charter jet on Wednesday, hours after pleading guilty to obtaining and publishing U.S. military secrets in a deal with U.S. Justice Department prosecutors that concludes a drawn-out legal saga.
Ukraine's Zelenskyy scolds officials who shirk their duties in the country's war effort
Ukrainian President Volodymyr Zelenskyy signalled Wednesday that he is getting tough on officials he suspects are shirking their duties in the war with Russia that is now in its third year.
New experience in Halifax gets people up close and personal to the ocean's most feared predator
Atlantic Shark Expeditions launched a new shark cage experience which gives brave attendees a chance to get up close and personal with the oceans most feared predator.
Pre-med students can't take MCAT in Quebec because of Bill 96
Areeba Ahmed says she's always dreamed of becoming a surgeon but her road to the operating room has become a complicated one ever since Quebec's French language law came into effect.