Toronto Income Property Newsletter – February 2020
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The real estate market has gotten off to a good start in 2020. It will continue to be a Sellers’ market in the downtown core, as demand will continue to outpace supply. Interest rates held this month, so lenders will be keeping their rates low. There have only been a handful of income properties so far and the best ones have sold way over asking, likely to be turned back into single family residences.
For a list of the sold income properties in your area, please email me anytime at paul@plex.ca
Happy Valentine’s Day everyone.
– P.A.
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City of Toronto Average Market Rents 2019
Residential Rents continue to rise in hot Sellers’ market
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Central Toronto Income Property Sales Statistics 2019
Residential Income Property Prices continue to rise in Toronto