Toronto Condo owners had large capital gains. Close to 50 per cent of all investors who bought condominiums completed in the Toronto area in 2017 are not making enough rent to cover their carrying costs, despite finding exceptional gains on the value of their properties, a new study reports. Close to 44 per […]
toronto rental market
Toronto’s downtown core a growing competitive market for renting
Looking to rent a condo in downtown Toronto? Make sure you have your rental application bundle when you go to look at the place, advises Toronto realtor. The bidding wars are prevalent in Toronto’s re-sale home market and they now affecting condo rentals. “If you don’t go with your bundle in hand — signifying […]
Renters causing demand for new Toronto highrise construction
In Toronto real estate, a study by real estate consultant Urbanation and obtained by CBC News shows much of Toronto’s high rise construction in 2016 is being fuelled by demand from renters who are either unable or unwilling to pay record prices for real estate. It’s a significant change from the previous decade’s boom, which was spurred primarily by […]
