The Toronto Real Estate Board’s recent Market Watch report held some promising revelations for anybody looking to invest in the city’s real estate market. November saw Toronto-area homes continue to fall in price, coming down 8.8% since May of this year. This recent drop is being reported as the most significant price decline in a …
Dip in Real Estate Means Now is the Time to Buy Investment Property Read More »
Everybody has to start somewhere – your first real estate investment property can be both an exciting and intimidating prospect. With the right combination of advice from experienced investors and research into the market you’re about to invest in, your first real estate investment will prove to be a financial success for you.
Finding the perfect tenant can be difficult for any landlord, no matter how long you’ve been in the game. Tenants can be unpredictable and can’t always be accurately judged based on the information they give you – unfortunately, almost every Toronto property owner has heard horror stories about bad tenants or dealt with them personally. …
Better Safe Than Sorry: Running Background Checks on Tenants Read More »
Without somebody to deal with clients directly and respond to day-to-day inquiries and concerns as they arise, HighGate Properties wouldn’t be nearly as successful as it has been. As HighGate’s Property Administrator, Kyra Milewski is there to give our clients the best service possible, and to put out “fires” as they come up.
In October 2016 the Canada Revenue Agency (CRA) introduced new changes to its real estate sector reporting requirements. The biggest change was the CRA’s addressing of those who were non-compliant in the real estate sector, focusing on those who don’t correctly report their goods and services, unreported capital gains, unreported income, and most importantly for …
What Qualifies as Flipping Real Estate for the Canada Revenue Agency? Read More »
Great news for Toronto real estate investors – the Toronto housing market continues to thrive in its current “hot” state. With a vacancy rate hovering around just one percent over the last year and increasing rental prices, Toronto landlords have the luxury of being able to prosper in the hot market and to shop …
Tips for Renting Your Toronto Property in a “Hot” Market Read More »
Making the jump into the world of real estate investing is something that takes time and patience. Making the wrong decision can cost you dearly, and might see you get stuck with a property you aren’t prepared to handle. In order to avoid things like unexpected costs, major renovations, or just plain bad luck, take …
What to Remember When Purchasing Your First Toronto Investment Property Read More »
We recently had an opportunity to catch up with Todd Spetter, a Toronto area mortgage professional who specializes in assisting residential property owners and first-time buyers. Todd has a lot of insight into the rental property market, and good advice for prospective buyers about interest rates, qualifying for different types of lenders, and the important …
Mortgage Services for Landlords and Real Estate Investors Read More »
Winter is coming – this means that it’s about time for property owners and homeowners to go through their seasonal checklists and prepare their homes for the coming cold weather. This is the time of year to close up your pools and hot tubs, inspect boilers and furnaces, and to make sure that your property …
Winter Maintenance Checklist for Toronto Rental Properties Read More »
The CBC recently posted an article stating that a 200km commute to work in Toronto was worth it in exchange for a cheap mortgage outside the GTA. Even after waking up at an abnormally early hour for a long drive to work, ultimately extending the work day by a minimum of four hours, the interviewee …
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