May 15, 2015 /3BL Media/ - TD Economics has released a special report titled “The Market Benefits of Green Condos in Toronto.”  

The report shows that:

• Leadership in Energy and Environmental Design (LEED) certified, or ‘green’ buildings represent an
• increasing share of new construction, including the condominium market.
• Limited research exists linking LEED status in residential buildings to market outcomes such as
• resale price, days on market, maintenance/condo fees, and others.
• Using a novel dataset, we find that LEED certification increases the resale price of Toronto condos
• by between 5% and 14%. The impact on other metrics, such as time on the market and maintenance
• fees, is found to be mixed.

To read the full report, visit The Market Benefits of ‘Green’ Condos in Toronto