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How Are Toronto Condo Residents Faring With Airbnb?

Tuesday Dec 03rd, 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 07th, 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]

Buy a College condo for your kid and skip the Dorm

Saturday Mar 30th, 2019

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Toronto Lofts For Sale

  When Alex & Marriot's daughter went to college in another state, the idea of shelling out more than $80,000 for rent in four years, had the couple deep in apprehension. They determined that it was a needless financial sinkhole; something they had better find an alternative to. So, the duo did what they deemed a prudent financial move. They bought a condo for their away-from-home daughter near the university she was studying at. While this would have many gaping at horror... [read more]

How Much Money Do I Need to Buy A House in Toronto?

Thursday Jan 24th, 2019

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Toronto condo purchase

The cost of buying a home factors in way more than the moving truck rental and the initial purchase price. First time home-buyers get a massive surprise on the closing day when they see the amount they are presented with the final cost. Wouldn’t it be better to be financially prepared by knowing what to expect in advance? While industry leaders may look at the Toronto housing market through an analytical lens of interest rates, shifting sales numbers, and percentages. However, an average... [read more]

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