Real Estate News

What Renters Want from Their Properties in 2020

12 Feb: What Renters Want from Their Properties in 2020

2020 Rental Trends – What Renters Want to See More of The residential rental market is ever changing, which means it can become increasingly difficult to give tenants what they want from the unit they are leasing while keeping up with the trends. By providing your tenants with the features that they are looking for,…

The Toronto Rental Industry in 2019

16 Dec: The Toronto Rental Industry in 2019

It is no surprise to any of Toronto’s 2.8 million residents that Toronto has held onto its title of “Canada’s Most Expensive City to Rent In” in 2019. What is surprising, however, is that there has never been a better time to own a rental property in the GTA. With a booming population and a…

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13 Nov: Real Estate News

Councillor calls on the city to mull vacancy tax after man does own study of empty condos It’s time for the city to consider whether to impose a vacancy tax on empty residential properties as a way to increase the supply of rental housing, a city councillor says. Coun. Ana Bailao’s comments come after a…

Real Estate News - Royal York Property Management

11 Nov: Real Estate News

They came here as immigrants. Now, they’re giving back by leasing a huge property to the city to house refugees For six years, Ali Mesgarzadeh lived in limbo in the United States, unable to return to his home and family in Tehran during the turmoil of the Iranian Revolution and later the Iran-Iraq War. Then…

Real Estate News

08 Nov: Real Estate News

Toronto real estate exits the red zone for the first time in four years, says CMHC Canada’s national housing agency has moved the Toronto region housing market out of the high-risk red zone into the moderate yellow area for the first time since 2015. There are still signs that the area’s market is vulnerable to…

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06 Nov: Real Estate News

Luxury Toronto real estate sales over $5 million surpass 2018 levels After a soft start to the year, sales of luxury Toronto real estate is on the upswing, surpassing 2018 trough levels. Year-to-date sales in the GTA of freehold and condominium properties priced in excess of $5 million topped 100 units between January and October…

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04 Nov: Real Estate News

Condo apartments remain among Toronto’s most dynamic asset classes Condominium units are proving to be among Toronto’s most active and lucrative housing segments, with activity during the third quarter of the year spiking up by 11.1% on an annual basis. Data from the Toronto Real Estate Board indicated that the GTA condo apartment sales saw…

Real Estate News

01 Nov: Real Estate News

TCHC buildings to be demolished, rebuilt in planned Queen-Coxwell revitalization The city is set to tear down two crumbling community housing buildings in a bid to transform the Queen East properties into a revitalized mixed-income community that adds even more affordable housing at no cost to taxpayers. Officials announced Monday plans to demolish the Don…

Real Estate News-Royal York Property Management

30 Oct: Real Estate News

Ask An Agent: What Will Real Estate Sales Look Like In 3-5 Years? Andre Kutyan always has an ear to the ground. The Harvey Kalles sales representative has been an agent for 15 years. In 2017, Kutyan was contacted by The Globe and Mail and asked how he was able to get multiple offers on…