If Toronto Real Estate Board numbers continue trending the way they are now, Condominium apartment sales should continue to account for more and more of home sales in Toronto as time goes on. As homes become increasingly more expensive and out of budget for many destined home owners, condos are becoming more appealing to...
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— Welcome to The Well — The Well is one of Toronto’s largest on-going developments downtown. The Well spans 7.8 acres down the western side of Spadina Avenue from Wellington Street to Front Street. This exciting mixed-use development is the first of it’s kind to take shape in downtown Toronto. Offering a live, work...
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Millennials aren’t the only cohort feeling the rental squeeze. The Toronto Star reports that an average rent for a one-bedroom space in Toronto retirement residences now costs more than $4,700/month. This kind of rent of course comes with security, medical attention, and common areas for socializing etc., but it is very expensive for individuals...
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With all the huff and puff surrounding the real estate market in Toronto, and Premiere Kathleen Wynne’s recent measures to calm the market, here is an article by the Huffington Post with 5 reasons why the Toronto housing marketing will NOT crash anytime soon. Especially number 5! http://www.huffingtonpost.ca/nathan-dautovich/5-reasons-why-the-toronto-housing-market-wont-crash_a_22492197/?platform=hootsuite...
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The Rental Isn’t Clean Enough Upon Moving In It is rare that a tenant, who is moving out, leaves the rental move-in-ready for the next tenant. The simple solution to this problem is hiring a professional cleaning service to get it back to 100% clean. If you don’t want to pay a cleaning company...
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Too often, landlords show potential tenants their rental, and wonder why they couldn’t close the deal. Often, there is a simple and aesthetic solution. Consider these 3 factors before showing your home in order to boost your chances of securing a great tenant. Curb Appeal First impressions are important, and the exterior of your property...
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If you’re a new landlord – welcome to the world of business ownership! Unfortunately, there is more to do in your job description than just collect money. Make sure to follow these 3 steps before renting out your property to tenants. Learn Provincial Laws As a landlord, you must be aware and well-versed in...
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Who says garages are just meant for cars and lawnmowers? Why not transform your garage space into a rental unit? Before you start knocking down walls, check out these 3 tips to ensure you are going about the process the right way. Find Out The Rules and Regulations Contact the town or city that...
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More landlords and investors are outsourcing their day to day workload to companies like Performance Property Management. PMCs are simply more equipped to handle the admin, the complaints, and those pesky late payments. For landlords still considering handing off the management of their property to a PMC, here are 3 tips to ensure you...
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When looking to purchase an investment property it is crucial to pay attention to the details of the home you are purchasing. For example, is the foundation in good shape? Is the plumbing and electrical going to pass inspection? Even if you think you know the real estate market inside and out, it is...
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