Rent Control in Toronto

Prior to April 2017, rent control only existed for buildings built before 1991. Most of the new condos being built were not under rent control. According to Urbanation, a third of condo rental stock comes from individual investors, domestic & foreign, who have purchased condos and have rented them out. 27,219 units were leased on MLS in 2017. 50% of the new condo buildings are used as rentals. Prior to April 2017, Landlords were given free rein to increase rents on an annual basis.

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How Did 1-Bedroom Condo Prices Do Along TTC Stations in 2017?

Ever wonder about the average price of a one bedroom condo is along the TTC subway map?

Depending on the subway station you live closest to, values do change and it’s all about the subway station.

The subway station does matter when it comes to values. This chart examines the values of a one-bedroom condo within 0.3 km (or approximately 394 steps) of a TTC subway station.

I wanted to see how the numbers would shape up myself so I created a map search with the Toronto Real Estate Board statistics to determine the average price and the price shift in 2017 from 2016 of one bedroom condos.

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Developing ‘Yellowbelt’ best solution to address Toronto housing shortage: BNN Bloomberg

Davelle Morrison of Bosley Real Estate discusses the latest home sale numbers from the Canadian Real Estate Association and why development of the “Yellowbelt” is the best option to address supply shortages in Toronto.

 


Check Out the Morrison Report




Large 4-Bedroom House (536 Brookdale Ave)

This exquisite, light-filled 3000+ Sq Ft home boasts large principle rooms and is built for families and entertaining. Spacious, white renovated kitchen with breakfast bar means that there can never be too many cooks in this kitchen. Enjoy your large deck and yard in time for BBQ season. Grand master bedroom, bathroom, and walk-in closet to please any real housewife. Supersized kids’ bedrooms, bar kitchen and nanny suite in the basement makes this home move-in ready.

Steps to Starbucks, grocery stores, restaurants and shopping.

 

Visit 536 Brookdale Ave!

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2 Bedroom Condo in Yorkville: #601 – 225 Davenport Road

Located in Yorkville, this spacious condo with generous rooms and full kitchen is move-in ready. Just unpack your bags and move in. Walk down to whole foods and make a fabulous meal in your newly renovated kitchen. End your day relaxing in your masterful bedroom with ensuite bathroom and oversized closet. Located steps to great dining, shopping, art galleries, Bloor Street and subway.

 

Visit #601 – 225 Davenport Road!

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Spacious 3 Bedroom Bungalow: 104 Cultra Square

This detached 3-Bedroom updated bungalow with 2-Bedroom basement apartment, located in a quiet family neighbourhood is move-in ready. With ample room throughout, the home features an oversized kitchen and spacious dining and living room. Located walking distance to many parks and trails. This is your opportunity to own a home in the city. Close to schools, easy access to Kingston Rd, Hwy 401, Guildwood Go Train Station.

 

Visit 104 Cultra Square!

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13 Things You Need To Know Before You Buy A Midtown Toronto Condo in 2018

Midtown Toronto Condo Does size matter?

When buying a condo, you need to determine what size space you’d like to live in. The older condo buildings tend to have much larger units available than the newer buildings. The average size condo in a newer (less than 5 years old) building is less than 600 sq ft. If you want space you need to look at an older building. Continue Reading