Is The Toronto Condo Market a Lost Cause?

Friday Nov 6th, 2020

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It seems the impossible has happened… the once flaming Toronto Condo market, has cooled down. Both the resale and rental market have been heavily impacted, with many investors feeling the pain. A complete elimination of Airbnb, high vacancy rates, rapidly declining rental rates and high days on market (DOM) have been leading many investors to sell their once sought ofter properties, thus adding to the supply. So, let’s take a look at what is happening.   The... [read more]

The GTA Housing Market 2020

Thursday Jan 9th, 2020

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  I’m not sure if I can count how often I get asked, “What’s happening with the housing market???” If you live in the GTA, it seems to be everyone’s favourite topic of conversation! And, why not; it’s been a roller-coaster ride over the the past several years. From the frenzy of 2016-early 2017 bidding wars and sky-high prices, to the abrupt downturn and stagnation of the market in mid 2017 through 2018, the housing market has been continuously in... [read more]

Six Things To Know About Condo Fees

Friday Dec 6th, 2019

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                         Whether you are a first-time home buyer or a mature adult looking to downsize, condos can be a great way to get or stay in the home ownership game. You may, however, be feeling concerned about condo fees; how do they work and how will they impact your monthly budget. Read on for the six important things to know about condo fees…   1. How are Condo fees charged? Condo fees... [read more]

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