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Property Prices See A Drop In Response To Covid-19

Sunday Apr 12th, 2020

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Toronto Condo Prices

With the Covid-19 Pandemic wreaking havoc right and left, the real estate market has pretty much come to a halt. Not that it has hit the pause button – after all, those who have recently bought may need to dispose of with their older properties and those who recently sold may be looking for something new. However, things have slowed down considerably since last month. As compared to just last week, sales are down 50%, and if pitted against 9th of March, sales have fallen off a... [read more]

Toronto Real Estate Market Is Bound To Get More Competitive In 2020

Friday Mar 13th, 2020

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Toronto Condos

We are already headed towards the second quarter of 2020 and overall, it’s looking to be a bright year for Toronto’s real estate and economy; low interest rates, increased demand for housing, and vibrant labor market. But according to Canada’s Real Estate Association and our own observation, here’s how 2020 will fare for Toronto Real Estate: Prices Across The GTA Will Continue To Rise The Greater Toronto Area experienced a price surge in 2019, and the trend is... [read more]

How Are Toronto Condo Residents Faring With Airbnb?

Tuesday Dec 3rd, 2019

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Toronto Condo Rentals

It’s no surprise that a recent report from Fairbnb, a national coalition of condo residents, affordable housing advocates, and union workers, has reported a 30 percent growth in Airbnb listings in the waterfront communities; a whopping 3,443 listings in December 2018 as compared to 2,644 the year before. The report also attributed 72 per cent of Airbnb’s revenue in Toronto to “ghost hotels”, which are Airbnb condo units run by hosts who have listed two or... [read more]

The Ins And Outs Of Becoming A Landlord In Toronto

Saturday Sep 7th, 2019

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Toronto Condos

Toronto is not only the largest city in Canada but the most populous and luxurious one too. It's filled with beautiful locations and neighborhoods. Real estate in Toronto has always been great due to the type of facilities and the opportunities the city has to offer. Some of the best neighborhoods are situated in King West, Yorkville, Etobicoke, City Place, Entertainment District, etc. with each place having its own charm and vibrancy.   With Toronto having such a great market,... [read more]

How Can A Salaried Person Buy a Condo in Toronto?

Saturday Apr 13th, 2019

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condos in toronto

The growing real estate market in Canada is attracting investors due to various reasons. Be it the ability to charge a premium in terms of rent or the increasing property prices or a shortage of living spaces in Canada, it is surely a lucrative proposition for investors. Then there are the stringent mortgage rules that compel buyers to purchase less expensive condos instead of homes. Although seasoned real estate investors and industry insiders know how to make informed decisions by... [read more]

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