Toronto AirBnB update
Hosts will have to register with the city.
Hosts will have to register with the city.
Cap rates in Toronto will likely decline further.
In this issue: ‘Tis the Season to be Jolly & New AirBnB rules coming to Toronto.
A friend of mine posted the following letter on Facebook last week. Please give it a quick read:
Stricter rules are coming for short-term rental provider. The City of Toronto just passed a resolution by the local planning and appeal tribunal that will see stricter rules and tighter controls on people renting out their properties on AirBnB.
We are getting closer to the end of the year and the Christmas holidays. This year has been characterized by high prices for income properties, low cap rates and a sellers’ mentality that their properties are worth almost anything. I look forward to a time when negotiation becomes common real estate practice again. Toronto FC…
Highlighting several of the best areas in Toronto that have always been attractive for landlords.
In This Issue: Are we heading for a real estate crash in Toronto? and Landlord’s Fall Maintenance Checklist
Should you wait until the market calms down before you buy?
In This Issue: A Guide to Toronto Laneway Housing & Suites
Imagine if you could turn your rear garage into a rental suite to bring in a few extra dollars each month. Not only is your garage for your car, bike, or old stuff but it can also now be for people. In an effort to combat the current housing crisis, the City of Toronto does…
In This Issue: How to choose the right tenant for your rental property & How to determine the financial viability of an income property