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Condo developer plans to buy $1-billion worth of single-family houses in Canada for rentals

A Toronto condo developer is buying hundreds of detached houses in Ontario, with the plan of renting them and profiting on the housing crisis ripping across the country. Core Development Group Ltd. is building a large-scale single-family home rental operation, an unproven business model in Canada, where the market is fragmented and individual investors leaseContinue reading “Condo developer plans to buy $1-billion worth of single-family houses in Canada for rentals”