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 […]
Downtown Toronto among Ontario’s Strongest Rental Markets
GREATER TORONTO – For readers who follow Toronto real estate, it should come as no surprise that Toronto’s Census Metropolitan Area (CMA) played a major role in driving last year’s 2.1-per-cent decrease in Ontario’s rental vacancy rate. That figure was first reported in the Canada Mortgage and Housing Corporation’s 2016 Ontario edition of the Rental […]
TREB Reports Record-Threatening Sales Activity for 2014
TORONTO – Year-end numbers recently released by the Toronto Real Estate Board (TREB) have managed to confirm what many GTA real estate agents probably already suspected: 2014 was an exceptionally busy year for sales activity, falling short of the existing record by just 326 transactions. The Board’s Market Watch report for December 2014 reveals that […]