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 »
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 »
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 »
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.
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 …
In the wake of recent developments regarding laneway housing, it appears that the city of Toronto may finally be ready embrace the phenomenon that has taken other major Canadian cities by storm. Laneway housing could very well be the shot in the arm that Toronto landlords and renters alike have been looking for.
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.
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