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.
With real estate prices being out of reach of even well-salaried Torontonians, we’re at the start of the era of long-term renting. This makes it extra important to vet tenants properly, make sure your prices are set right initially, and all of your legal obligations as a landlord are met in terms of the upkeep …
4 Tips to Prepare Your Toronto Rental Property for “Forever Renters” Read More »
Our newest property listing is a four bedroom detached home perfect for family living in Pickering. 661 Eramosa Crescent is a detached family home conveniently located close to the 401 for an easy commute. It features an open concept design with blend of plush broadloom, ceramic flooring, and hardwood flooring. Ample windows provide excellent exposure …
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 »
Life gets busy. Sometimes you just aren’t able to get up to your cottage as much as you would like. And then there is the off-season – you have a property that is sitting there being completely unused. You could rent out the cottage for a week or a weekend at a time and have …
Renting Out Your Ontario Cottage: The Pros and Cons Read More »
Many people who own one or two GTA or Toronto rental properties try to “go it alone” when it comes to managing their properties. This can be for various reasons – they think they’re saving money, they think they can handle the duties of property management, or they think that property management companies only handle …
Toronto Property Managers: The One-Property Landlord’s Friend Read More »
Our business simply wouldn’t run smoothly without Bita. As the Maintenance Manager, she schedules and oversees all of the work our property management clients need done to their properties, from emergency services to full renovations. From Toronto to Croatia and back again Bita studied Interior Design at Sheridan College and then moved to …
A common nightmare scenario for every landlord in Toronto in the GTA renting to strangers is winding up locked in a binding contract with a tenant who is unfit for occupancy. Stories of negative tenant situations often include property damage, unclean living quarters, and in some cases harassment. Rejecting the application of a tenant can …
How to Properly Reject Toronto Rental Applicants 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 day has finally come that all rental property owners have been dreading – the Residential Tenancies Act is being tightened in Ontario to make it almost entirely tenant-centric with the Rental Fairness Act. The only possible positive is the introduction of a standardized lease which will make it harder for bad tenants to …
What Landlords Need to Know About the Ontario Rental Fairness Act Read More »
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