TEK Tower (30 Francis) | 45 fl | U/C

[tomh009]

Do we have any idea of how many of these units are owned vs rented by the developer (or owned by someone but rented out by the developer and/or a property manager)?

I would guest that between 70-90% are investors owned.  Given that most units are sub 500 sq ft, this was definitely targeted at investors.  Just look at the floorplans.. who would really seriously considering living in those tiny units long term. 

I think 70% is probably on the low side for most recent condo buildings downtown. Not only because of the unit size, but the aggressive marketing to investors, especially in the GTA (DTK, for example, barely made an effort to sell locally).