‘Tis the Season to be Jolly
A friend of mine posted the following letter on Facebook last week. Please give it a quick read:
New AirBnB rules coming to Toronto
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. … Read More
Toronto’s Best Neighbourhoods for Real Estate Investing
Highlighting several of the best areas in Toronto that have always been attractive for landlords. … Read More
Are we heading for a real estate crash in Toronto?
Should you wait until the market calms down before you buy?… Read More
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 … Read More
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 … Read More
How to choose the right tenant for your rental property
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
Toronto Vacancy Rate at an All-time Low
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
John Tory’s Plan for More Affordable Housing
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
Changes Coming to The Ontario Real Estate Act
CEO of the Ontario Real Estate Association, Tim Hudak, introduces a new program to modernize the current real estate act. (REBBA)… Read More
Paul’s Ten Tips for Buying an Income Property in Toronto
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
2019 Ontario Rental Increase Guideline
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