Yes!  The Government supports the idea of intensifying the population in Toronto.  Realistically, 75-80 per cent of units are sold upon completion and the other 20-25 per cent are sold quickly afterwards.  In an interview with CTV news, Brad Lamb (President of Brad J. Lamb Realty & Lamb Development Corp.) had mentioned that there are currently 500 MLS listings for condos, nowhere near the suggested 25,000 empty units which would represent an excess supply in Toronto.