In this issue: How to choose the right tenant for your rental property & How to determine the financial viability of an income property… Read More
In the City of Toronto, income properties often trade at around a 4% cap rate. The return on investment on these properties varies though as this is dependent on how much of a deposit is originally put down. The differences … Read More
There is no foolproof method for finding tenants that will ensure your success. In my experience with many landlords, there are a few things that you can do to maximize your chances of making the right decision when it comes … Read More
In This Issue: Toronto Vacancy Rate at an All-time Low & John Tory’s Plan for More Affordable Housing… Read More
It has been very challenging for renters in Toronto to find places to live over the first six months of this year. Some are saying that the vacancy rate is at an all-time low. Experts suggest that the current rate … Read More
Toronto mayor John Tory is looking to combat the housing shortage in Toronto. His three-point plan is being implemented to try and create 40,000 new social housing units over the next twelve years. The plan unveiled is as follows: First, … Read More
In This Issue: Changes Coming to The Ontario Real Estate Act & April 2019 Sales See Significant Upswing… Read More
CEO of the Ontario Real Estate Association, Tim Hudak, introduces a new program to modernize the current real estate act. (REBBA)… Read More
In This Issue: Paul’s Ten Tips for Buying an Income Property in Toronto
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During 20+ years in Real Estate Paul has worked with hundreds of clients to buy, sell and lease duplexes, triplexes and multiplexes all across town. Here are his top tips for buying an income property.… Read More
In This Issue: Should all prices be disclosed in a real estate bidding war? & 2019 Ontario Rental Increase Guideline… Read More
The Ontario government recently announced that the allowable increase that landlords can charge their tenants this year is 1.8% of the base rent. Some years have seen larger increases, and some smaller, but this figure seems to be right in … Read More