Traditional vs. Collateral — Weighing the Pros and Cons of both Mortgage Products With interest rates in Canada sitting at an all-time low, banks and independent lenders are in stiff competition for the business of homebuyers. Homeowners and lenders whose mortgages are up for renewal are also reminded to consider their next move. Whether you’re …
If inflation were the only factor, how much would real estate in Toronto really cost? When we read headlines related to Toronto’s real estate market, they’re usually highlighting climbing housing costs in the city. One hundred years ago, it would be hard to believe that the average price of a detached home would …
The shortage of active listings reported through Toronto MLS ®, drives demand and average selling price of homes up With the average selling price of a home in Toronto currently sitting at $649,599—it’s safe to say that Toronto’s real estate market shows no signs of cooling down this summer. Last week, Toronto Real Estate Board …
Toronto Real Estate Board Market Watch — Record Sales for May 2015 Read More »
Considering selling your rental property? With the robust state of the Toronto real estate market, selling your asset could be a very lucrative opportunity. If your property is currently tenanted, there are several factors that work in your favour. Unlike vacant properties, tenanted properties continue to generate income while they’re listed on the market. This …
Toronto Investment Property — Selling a Tenanted Unit Read More »
Starting your own property management company isn’t easy. On top of the initial investment of the rental property itself, being a landlord in Toronto comes with a long list of responsibilities. We’ve all heard about the tenant who complains constantly, doesn’t pay rent on time, or causes damage to your property which results in costly …
How Do You View Your Tenant? As a Customer or Nuisance? Read More »
In Ontario, there is no law stating that a tenant must pay his/her landlord a damage deposit – in fact, according to the Residential Tenancies Act (RTA), the law that governs tenant-landlord relations in Ontario, it is illegal for a landlord to collect or request one. A landlord is only permitted to collect a deposit …
Toronto Rentals — Landlord and Tenant Board Best Practices Read More »
Did you remember to check your carbon monoxide detectors over the weekend? We often use Daylight Savings Time as a reminder to change the batteries in our smoke alarms, however, when we turn our clocks an hour forward, we should also remember to check our CO detectors, and replace batteries as required. Carbon monoxide is …
Carbon Monoxide Detectors Your Responsibilities as a Landlord or Tenant in Ontario Read More »
Home Staging is the best way to get your property noticed. Here are the the top 5 reason why: Selling or leasing your home or condo? Home staging will set the tone of the atmosphere so that potential buyers or tenants can envision themselves moving into the space. By removing personal affects from the space, and …
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