Are you looking to rent a condo in Toronto? Becoming a tenant in Toronto can be more challenging than you can think. Finding the right unit is just one of the first steps, and the number of other factors that go into consideration can make it quite a challenging task. What neighborhood should you choose? Is going over your budget the right option? What are the amenities that you require? There are plenty of points to note and keep in mind before becoming a tenant in Toronto. Here is a... [read more]

So, you’ve heard that renting out a condo is like hitting two birds with one stone – renting out your condo helps you make living on the side, while tenants help you pay out mortgage with monthly rental payments. Sounds like a great opportunity for profit, but unfortunately, things aren’t as simple as they seem! First of all, there are tons of risks associated with tenants. Ideally, you would want good people to occupy the space you own, who take good care of your... [read more]

We won’t be exaggerating if we say that the Toronto condo rental market is extremely competitive. With the vacancy rate down to an astonishing 1%, you will be vying for your dream property against hundreds of other renters. The fact that there are many more renters in Toronto than there are rental units means that you might even have to submit multiple lease applications before finally securing a property. We can tell you from first-hand experience that securing a coveted rental... [read more]

One of the significant incentives that a condo has is that they can rent out their condo to earn extra income. Selling Toronto condos is becoming an extremely popular source of investment. This is so because after buying a condo, its owners can generally rent it to whoever they want and at whatever they wish to without any interference from a condo association board. Canadian Mortgage and Housing Corp how Toronto condos for sale and lofts for sale in Toronto are changing the trends at a... [read more]

Are Utilities Included in Condo Rent? Toronto is one of Canada's most "looked forward to" cities. Its diversity, exciting events, nightlife, and endless opportunities have made the city home to millions. However, with the increase in population, you will also find several maintenance costs on top of the basic price. We all hate paying the bills each month. The inflationary costs add up over time, and with additional fees such as electricity and water bills, it's... [read more]