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...
READ MORE
— 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...
READ MORE
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...
READ MORE
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...
READ MORE
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...
READ MORE
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...
READ MORE
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...
READ MORE
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...
READ MOREDue to high tenant turnover rates, many landlords are often left desperate needing to fill their vacant properties immediately, leaving them scrambling to find tenants as soon as possible. The problem with renting out your property to just anyone, is that you are taking on a huge financial risk not to mention a lot...
READ MORESpring is officially here, so it is time to open the windows and clean out all those dusty nooks and crannies that we avoided during the winter months. For landlords, maintaining both the interior and exterior of a property is important. If you are a landlord, then use this checklist to stay on top...
READ MORE