Condo Market Archives - Page 2 of 5

Toronto Condos, Airbnb, and the Importance of a Respectful Property Manager

Buying a Toronto condo can be a terrific investment for anybody looking to start investing in the rental market – they’re usually situated in the most highly sought after parts of the city, feature many of the desired amenities, and generally require less maintenance than other properties do. Unfortunately, some Toronto condo owners have found …

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

Buyers, Condo Market, Residential property, Toronto Tenant/Landlord Relations / By highgate

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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6 Tips for Staging Your Toronto Property For Sale or Rental

Buyers, Condo Market, Property Renovation Toronto, Real Estate Investments, Rental Market, Residential property, Toronto Tenant/Landlord Relations / By highgate

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.

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

Buyers, Condo Market, Real Estate Investments, Residential property, Toronto Tenant/Landlord Relations, TREB Market Watch / By highgate

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.

The New Ontario Foreign Buyer’s Tax: What You Need to Know

Buyers, Condo Market, Real Estate Investments, Rental Market, Residential property, Taxation, Toronto Tenant/Landlord Relations / By highgate

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. …

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Is Toronto Real Estate Really in a Bubble?

Buyers, Condo Market, Real Estate Investments, Residential property / By highgate

An economist at BMO Capital Markets recently said that the real estate market in Toronto and surrounding areas is a bubble market. And while rising prices and dwindling supply have been a fact of life in the Toronto real estate market for the past couple of years, it has to be argued that we’re not …

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Condos Gone Wild – Toronto & GTA Condominium Sales Heat Up in October

Buyers, Condo Market, TREB Market Watch / By highgate

With the new mortgage rules which effectively knock down the price of entry to the real estate market for first home buyers or home buyers on a limited budget, it isn’t surprising that condominiums saw the highest growth rates of any property type in October. The Toronto Real Estate Board’s October Market Watch was full …

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How New Mortgage Rules Affect Landlords in Toronto and the GTA

Buyers, Condo Market, Interest Rates, Rental Market, Residential property, Toronto Tenant/Landlord Relations / By highgate

New rules on mortgages were just introduced by the federal government October 17th to make sure that new homebuyers are not taking on more debt than they can afford with a potential rise in interest rates.

Upward Pressure on Price Due to Declining Inventory: TREB

Buyers, Condo Market, Interest Rates, Residential property, TREB Market Watch / By highgate

September’s Toronto and GTA real estate market continued upward trends both in price and number of sales, with double-digit gains happening on price and sales in nearly every category. Also on-trend were the categories where significant gains were not realized. Detached and semi-detached home sales in Toronto posted a 4.7% increase and a -3.5% …

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Look Up, Look Up, Look Waaay Up – August Toronto Real Estate Sales Up 13%

Condo Market, Real Estate Investments, Residential property, TREB Market Watch / By highgate

Real estate in the Greater Toronto Area and Toronto continued to appreciate in terms of price and number of units sold in August 2016, according to the Toronto Real Estate Board (TREB). The amount of properties sold increased year-over-year by 13%, while the average home price increased to $710,410, a huge 17.7% increase. This is …

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