Ontario's New Measures To Cool Our Scorching Hot Real Estate Market

Friday May 12th, 2017

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Rental Market Currently, buildings built before 1991 were exempt from rental increase guidelines. Ontario plans to expand rent control to all private rental units, including new condos Standardized leases and other changes to the Residential Tenancies Act Multi-residential apartment buildings will be taxed at similar rates to other residential properties More funding to encourage construction of new rental apartment buildings Foreign Buyers & Real Estate... [read more]

Landlords & Condos vs. Airbnb

Thursday Mar 23rd, 2017

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The evolution of technology has positively changed the way businesses operate as well as how we live our daily life - but it can also operate as a double-edged sword. From an owner's perspective, Airbnb can be great. Short-term rentals can be profitable each time you host but what happens when you find out your tenant is listing your condo unit without your permission? In major metropolitan cities like Toronto, it is becoming increasingly common. Each condo corporation varies in their... [read more]

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