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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Here’s What I Learned About Real Estate From Benjamin Tal (Chief Economist of CIBC)

Real estate insights from Benjamin Tal

Last week, I had the opportunity to attend the Toronto Real Estate Board’s Annual General Meeting. Benjamin Tal, the chief economist for CIBC, was the guest speaker. I heard him speak before and have always been impressed with what he had to say. This time was no different and he didn’t disappoint. He blew my mind with his facts, figures and insights and I literally tried to take as many notes as my hand would allow. In fact, by the time he finished speaking, my hands hurt. Continue Reading



3 Bedroom Bungalow for Sale: 27 Greylawn Crescent

Bungalow

Attention first-time buyers! This spacious 3-bedroom bungalow with separate entrance to the basement and 2 Bathrooms, Located at Victoria Park & Lawrence Ave is your opportunity to own a home in the city and it’s a short walk to Parkway Mall, Metro and restaurants. You can enjoy bike rides and walks at Parkwoods Trail. Close to the mouth-watering Mediterranean gourmet grocery store; Arz Fine Foods. Easy access to the DVP, 401 and the new Eglinton LRT.

Visit 27 Greylawn

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For Rent: Bright 1 Bedroom Condo at the Junction

Located in the Junction, This bright, South-facing 1-Bedroom with balcony offers a beautiful view. Open-concept kitchen, living and dining space ideal for entertaining. Close to buzzing new restaurants and coffee shops that the junction has to offer. Near Keele and Dundas subway stations, High Park, bike trails and Hwy 400. Includes locker.

Visit #1912 – 60 Heintzman St.

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