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Waiting Out the Market

Why “Waiting Out the Market” Doesn’t Work for Toronto Real Estate Investment

There are many factors that come into play when deciding to invest in real estate, with price being one of the larger deciding factors. While it may appear wise to take a “wait and see” approach to a changing real estate market in Toronto and the GTA, there are a number of reasons why waiting …

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It’s a Trap! Pitfalls of the new Rental Fairness Act for Toronto Landlords

The Ontario Residential Tenancies Act (RTA) was recently amended by the new Rental Fairness Act to keep landlords from raising rents unfairly. While we’ve discussed the new Rental Fairness Act, it’s important to point out the pitfalls of the new rules, particularly for small landlords which the amendments unfairly target. Here are specific traps that …

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Buying a Condominium as a Rental Property in Toronto and the GTA

Condominiums are the most attractively priced properties in Toronto and the GTA for people looking to take their first steps into the rental property market. But there are special considerations and pitfalls that you need to keep in mind when purchasing a condo as an income-generating property.   Before you buy: Check that you are …

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Home Prices Still Steadily Rising in Toronto

Industry experts are starting to call the problems in the Toronto housing market a “blip” rather than a bursting bubble. While it is true that in some areas, housing prices are going down, overall prices are still up year-over-year in the Toronto area. Flood of listings sellers trying to cash in at “peak” The primary …

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Keeping Your Air Conditioning Running at Your Toronto Rental Property

Summer in Canada is thankfully short for landlords that have to deal with air conditioning systems. Room air conditioners are generally cared for by tenants unless there is a major failure, but central air systems need care and attention to ensure that they are running properly. Following these tips can help you avoid expensive emergency …

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Highgate Cycling Team Member Emily Marcolini Heading to Canada Summer Games

Emily Marcolini has always been active in sports. She started out as a cross-country runner for Cambrian College in Sudbury and raced for Cambrian for a couple of years. Injuries from running made her look around for a different sport, and a friend suggested she try cycling. After a visit to the Sudbury Cycling Club, …

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Toronto

Toronto Real Estate Board: Expect Single-Digit Price Increases Through 2017

The Toronto Real Estate Board’s June Market Watch outlined a number of key trends in Toronto and surrounding area real estate. An increased supply of listings has led to less price growth than we have been used to seeing in the market, but the price growth is still healthy at 6.3% year-over-year.