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 »
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 …
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 …
Buying a Condominium as a Rental Property in Toronto and the GTA Read More »
If you want to sell or rent a property, you have to make it look good. While cleaning between tenants is a no-brainer, there are additional considerations to take into account when staging a property for viewing.
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.
A recent study predicts that commercial rents in Toronto could soar as much as 50% in the next three years. Unlike the hot residential market, Toronto’s commercial properties are priced reasonably right now due to a reasonable supply, even though Toronto currently boasts the lowest commercial vacancy rate in North America. While we are …
Is Toronto Commercial Property the Next Step for You? Read More »
Shortly after the Ontario government introduced legislation designed to curb foreign real estate buyers and real estate speculation, the Toronto Real Estate Board undertook a data analysis exercise to understand just how many foreign buyers there are in Toronto and the GTA, and just how much real estate speculation is really going on in this …
Toronto Real Estate Board Data Reveals Foreign Buyers, Speculation Low Read More »
The Ontario government recently introduced the Fair Housing Plan, which includes sweeping legislation for the real estate market – most of which will have an impact on landlords in Ontario. One of the measures was the Non-Resident Speculation Tax (NRST) of 15%, which is meant to curb speculation by foreign investors in southern Ontario. …
The New Ontario Foreign Buyer’s Tax: What You Need to Know Read More »
The first quarter of 2017 has started off on a strong note in the Toronto and GTA real estate market. According to the Toronto Real Estate Board (TREB), both sales activity and average prices have both risen from its 2016 numbers. Despite a rise in sales, supply problems continue to plague Toronto and the GTA. …
Massive First Quarter in Toronto and GTA Housing Market: TREB Read More »
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