Interest Rates Slowly Starting to Drop
Third straight rate drop signifies a brighter future for buyers & sellers of income properties.
Municipal Property Taxes to Increase Significantly in Toronto in 2024
There was always talk of a significant increase to cover the budget shortfall.
Rental Rates in Toronto Far Higher Than the National Average
As it becomes more expensive to carry a mortgage each month in Toronto many people are looking to rent
Is there going to be another interest rate increase this fall?
Enough already! How are homeowners supposed to afford this?
Where are interest rates going?
Interest rates did not go up again this month, but many are wondering how long this will last.
2022 Toronto Income Property Market Wrap-up – January to December
An in-depth analysis of sales data in key Toronto neighboorhoods before and after the interest rate increases
Federal Budget 2022 Addresses Housing Concerns
The recently released federal budget has addressed several housing issues that have been plaguing Canadians from coast to coast. Here’s a summary of the initiatives intended to make owning a house in Canada more accessible and affordable: 1. Budget 2022 proposes to introduce the Tax-Free First Home Savings Account that would give prospective first-time home…
What is an Acceptable Cap Rate These Days?
There was a time that investors wouldn’t dream of buying an income property unless it was a five cap. Nowadays that number can drop to under three. My clients who buy duplexes and triplexes for investment only (not to live in), often ask me what is an acceptable cap rate in the City of Toronto…
Toronto Income Property Market Analysis Fall 2020
Relevant duplex, triplex, and multiplex sales from the past 90 days
What is an appropriate Cap Rate for Toronto Rental Properties?
Cap rates in the GTA have been steadily diminishing as Buyer’s pay higher prices.
Are Income Property prices in Toronto going to rise even higher in 2020?
Cap rates in Toronto will likely decline further.
How to determine the financial viability of an income property
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 between cap rates and R.O.I. (return on investment) are important for landlords to understand.