Looking to rent a condo in downtown Toronto? Make sure you have your rental application package when you go to look at the place, advises a Toronto realtor.. The bidding wars are prevalent in Toronto’s re-sale home marketplace and they now affecting condo rentals. “If you don’t go with your package in hand — […]
downtown toronto rental market
Toronto home sales decline, could sign to a return to normal market
Toronto real estate market has seen the effects of a confluence of policies: Ontario’s Fair Housing Policy, including a foreign buyers’ tax aimed at cooling the market; a new mortgage stress test targeted at protecting Canadians from dangerously high household debt levels; and the Bank of Canada’s moves to increase interest rates. The […]
Toronto Condo owners made large capital gains and almost half in negative cash flow
Toronto Condo owners made large capital gains. Close to 50 per cent of all investors who bought condominiums completed in the Toronto area in 2017 are not making enough rent to cover their carrying costs, despite finding exceptional gains on the value of their properties, a new study reports. Close to 44 per […]