Becoming a landlord is an increasingly popular choice for many Ontarians. Some choose to rent out a basement apartment to supplement their income and help pay the mortgage, others might be looking to earn income from a second home, and there are plenty of people looking to build up a rental portfolio. Whichever path you […]
Condo Rents Climbed at Record Pace Last Quarter: Urbanation
GREATER TORONTO – Despite a slowing of rental activity across the GTA, the area’s average condo rent shot up by 11.7 per cent (year-over-year) during the last three months of 2016 – marking the highest rate of increase since the analysts at Urbanation began tracking condo rents in 2011. The GTA’s average condo rent amount […]