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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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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Over the weekend, the Toronto City Council released their new Proposed Regulations for Short Term Rentals that would put extreme limitations on renting your secondary home for short periods of time. If passed, the proposal would ban short-term rentals in secondary homes. These proposed regulations will hugely effect owners of second homes, Toronto residents, small...
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Performance Property Management would like to take this opportunity to update our property owners on some updates with the Ontario Housing Market that were released yesterday. This morning Kathleen Wynne, the Premier of Ontario, made an announcement to “cool the hot Toronto housing market”. As she mentioned, there will be a number of significant...
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In real estate, first impressions are everything. Have you ever searched for properties online and been turned off by the ones that don’t include images? Terrible, isn’t it? 92% of homebuyers search for their dream home online, so including professional photographs with each listing is a key selling feature. When a Developer or Property...
READ MOREAs we all know tiny living is the latest fad to hit the real estate world. From Canada to the United States, more and more home owners are opting to downsize in order to save big and get rid of their monstrous mortgages. Think you got what it takes to go tiny at 140-300...
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Many people assume the difference between a condo and a house is that one has a yard and one typically does not. There is much more to it than just that. What makes them “CONDOMINIUMS” is not their physical structure but the way in which owners have agreed to share the ownership of the...
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Let’s face it – there is this common perception that renting as opposed to owning is like “throwing money down the drain” and that it doesn’t financially make much sense. But is it really? Less to Worry & More Perks to Enjoy Most homes do not feature a gym, a pool and a rooftop...
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When you allow us to manage multiple properties we reward you! We are offering 15% off our Management fee’s for all new properties listed with current clients. Customer Reward Program – Receive 15% off your management fees During July 1st 2015 to July 31st 2015 PerformancePM will be running a promotion for our current clients. During this...
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The condo boom in Ontario could prove to be a risk to the country’s current economy. The NYC based ratings agency Fitch Ratings, who conducted the study considers home prices in Ontario to be 25% too high. This percentage is slightly above it’s estimate for Canada’s housing market as a whole, in 2014 it...
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