Holiday season is when industry forecasters look into their crystal balls and try to predict what’s coming round the corner. For the 2024 Toronto rental market, the outlook isn’t great. Landlords are finding it harder to get tenants, according to a recent report, which indicates we’re entering a cooler market after several years of unprecedented …
Home to around 20% of Canada’s population, the GTA is a huge area. Comprising six boroughs and two cities, it extends well beyond Toronto’s downtown core along the Northeastern shore of Lake Ontario. As you’d expect in such a vast area, there’s a lot of variety – not least in its real estate market. Here …
GTA Real Estate: Comparing Prices, Sales & Rents Across Toronto Read More »
As Canada’s largest city, Toronto is no stranger to change. The city’s neighbourhoods are now set for another shake-up following a recent council decision to amend Toronto’s planning laws. Multiplexes of up to four units will soon be allowed in every area of the city as Toronto struggles to meet soaring demand for housing. “We …
Multiplexes Will Soon be Legal in Toronto – Should You do it? Read More »
After several lackluster months it appears buyers are coming back to the GTA housing market, leading to an uptick in prices as competition heats up. While both sales and prices are down from the same period last year, the average selling price of a home in the GTA rose slightly to hit $1,108,606 in March, …
Buyers Are Back – Latest TRREB Report Shows Upswing in Toronto Real Estate Read More »
Given the recent volatility of Toronto’s real estate market many would-be property investors have been biding their time, waiting for prices to slump. Last month, they got their wish. The February report from the Toronto Regional Real Estate Board (TRREB) shows a big drop in average home prices across the GTA as the market corrects …
Looking to Invest in Toronto Real Estate? Now’s The Time to Buy Read More »
Homeowners in Toronto have until the end of the month to declare if their property is occupied. After that, anyone sitting on a vacant unit will face a hefty fine as the city cracks down on absent investors. The annual Vacant Home Tax, set at 1% of the property’s current value, will be levied on …
Escape the Vacant Home Tax by Becoming a Toronto Landlord Read More »
With Canada expected to slide into a recession in early 2023 and the housing market softening, property investors are understandably worried. It’s important not to panic. There’s no denying that these are turbulent times, but there are ways to weather the storm. Real estate deserves its reputation as a solid investment. Short-term shocks won’t detract …
House sales across the GTA may be dropping but prices are staying flat, according to the Toronto Regional Real Estate Board’s (TRREB) latest forecast which indicates that affordability remains an ongoing challenge in the market. There were 5,627 home sales in Toronto this August – a 34.2% drop since the same period last year. Prices, …
Latest TRREB – Sales Dive But Prices Remain Mostly The Same Read More »
After two years of record-setting property prices, Ontario’s real estate is again hitting new highs. This time, it’s the rental market – the cost of renting a condo in the GTA is soaring, according to the Toronto Region Real Estate Board (TRREB) which says average rents for one-bedroom and two-bedroom apartments have now surpassed their …
Whether you’re a new landlord, or you’ve been renting property for decades, you know that managing tenants isn’t easy. That’s why most GTA landlords outsource the job – hiring property managers or real estate brokers to oversee their properties on their behalf. Many landlords, especially those new to the market or with multiple properties, choose …
Why Landlords Need Property Managers, Not Real Estate Brokers Read More »
Subscribe for the latest news and updates!
Made by Mojo Media
647-361-8184
