Downtown Toronto condos changed into ‘challenging’ investments by Coronavirus pandemic Mѕ Wаlkеr figured she соuldn’t go wrong owning a condominium in the historic St. Lаwrеnсе Mаrkеt dіѕtrісt іn dоwntоwn Toronto. Thеn the Coronavirus раndеmіс hіt. Wаlkеr first rеntеd the араrtmеnt frоm іtѕ previous оwnеr, then bоught it аnd рlаnnеd, іn turn, tо […]
condo rentals
New Rent control rules may bring back sky-high rent increases for Toronto condo tenants
New Rent control rules may bring back sky-high rent increases for Toronto condo tenants With new Rent control rules and the province of Ontario scrapping rent control for new units across Ontario as of November 15, 2018, affordable housing advocates are warning that the changes could mark a return […]
Toronto condo rent hikes may slow in 2019 with more condo units available for rent in 2019
The average rent for a one-bedroom condo in the Toronto region has surpassed $2,000 for the first time, hitting $2,056 in the third quarter of 2018, according to market research firm Urbanation. Mr. Hildebrand, President, said he expects rents to moderate going into 2019 as more apartments […]
Toronto’s sizzling condo market slows down in 1st quarter, 2018
Toronto’s heated condo market looses some steam due to the growing development costs and some of the condo project cancellations. They have produced some caution into Toronto’s hot condo market, and with more project terminations likely yet to come, comments Urbanation, the development research company. Urbanation found that new Toronto […]
