With the legalization of marijuana on the horizon for Canadians, there’s plenty of reason for some to feel apprehensive about the changes that will follow the coming legislation. Many Canadian landlords have expressed concern about the possibility of future tenants growing marijuana within their homes or units, and how landlords are expected to deal with …
Getting Ready for Legal Marijuana as a Toronto Landlord Read More »
With post-secondary school application deadlines quickly closing in, it might be time for parents to start thinking about where their children are going to be living during their first years away from home. One of the most attractive approaches to student housing is a very common one – parents purchasing a home for their children …
The Toronto Real Estate Board (TREB) have recently issued its monthly market figures, where it was revealed that the total number of Toronto real estate sales in 2017 had fallen quite dramatically in comparison to the record numbers in 2016. TREB has laid the blame on government policy decisions, which it maintains played heavily in influencing …
Government Taking Heat for GTA Real Estate Sales Drop Read More »
A number of factors, including the enforcement of strict rent control regulations leading to fewer developments being created, have resulted in Toronto seeing rental vacancy rates being the lowest they have been in 16 years. These record vacancy rates can be looked at as a major opportunity for Toronto real estate investors for a variety …
Lowest Vacancy Rates in Toronto in Years Means Opportunity for Landlords Read More »
First-time homeowners looking to invest in Canadian real estate in the coming year will face new mortgage rules as of January 2018. The new mortgage rules marks the seventh time that Canadian mortgage rules have been tightened since July 2008, and will see inexperienced borrowers face financial “stress tests” in order to qualify for uninsured …
What the New Mortgage Stress Test Rules Mean for Canadians Read More »
The city of Toronto is considering implementing rules for short-term rentals offered by platforms like Airbnb. The proposed regulations have been anticipated by city officials for some time, focusing on creating a registry of landlords and potentially only allowing short-term rentals of rooms in principal residences. While the implementation of new regulations and the growing …
Short-Term Rental Rules Could be Coming for Toronto – Here’s Why You Shouldn’t Care Read More »
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