Toronto City Council has released a press release announcing a program to allow residents to build garden suites on residential properties in the city: A garden suite is defined as a housing unit, usually located in the backyard of an existing house, but separate and detached from the main house. Garden suites, like laneway suites,…
Royal LePage announced last month that the aggregate price of a home in the Greater Toronto Area increased by 17.3 per cent in 2021 to $1,119,800 as demand continued to outpace supply. It expects that in 2022 prices in the GTA will rise by another 11 per cent, with the aggregate home price reaching $1,243,000…
This article is courtesy of Evan Wright, Plex Realty Sales Representative Is the Hamilton real estate market still worthy of consideration? Outlier communities are attractive to both real estate investors and first-time home buyers alike. There are several standard reasons for this, but one of the most prominent ones is that people are not necessarily…
As we entered a second lock down in Toronto this year, many landlords have been asking what their rights are with non-paying tenants and the eviction process. While the situation may soon change again, this is a fluid process, and the rules seem like they are being made up as we go along. For the…
Relevant duplex, triplex, and multiplex sales from the past 90 days
Rental Increases to be put on hold for 2021
Year on year sales much higher
New Legislature wants landlords to consider alternatives to evictions.
Toronto real estate prices forces buyers into more affordable markets
Residential Income Property Prices continue to rise in Toronto
Residential Rents continue to rise in hot Sellers’ market
Hosts will have to register with the city.