As Toronto renters feel the squeeze of a competitive market with prices that won’t stop climbing, some in the city are sounding the alarm about a practice they say is displacing them while temporarily taking affordable units off the market: demovictions.
On Monday, No Demovictions held a protest downtown attended by about 100 people who called for demovictions to be stopped. Since 2017, there have been 81 apartment buildings approved for demolition and replacement in Toronto, according to data from the city’s website. Those buildings included 3,225 rental homes and 1,757 affordable units. During those years, 2022 saw the most approvals with 23, after eight approvals in 2021 and 11 in 2020.