propertyrentals

GTA housing sales up

04 Oct: Real Estate News

September home sales up 22% in September There were 7,825 sales through the MLS System last month, according to latest TREB data. The Canadian Press · Posted: Oct 03, 2019 8:13 AM ET | Last Updated: October 3 34 comments The Toronto Real Estate Board says home sales in the Greater Toronto Area in September were up…

House GTA

02 Oct: Real Estate News

Toronto is now the world’s second most overvalued property market: UB Toronto has emerged as the world’s second most overvalued housing market on the back of low rates and supply shortages, according to UBS AG’s annual global real estate bubble index. Vancouver was sixth in the Swiss bank’s 2019 index that is led by Munich,…

It-Now-Takes-Torontonians-3-Decades-To-Afford-Their-First-Home-Royal-York-Property-Management

27 Sep: Real Estate News

It Now Takes Torontonians 3 Decades To Afford Their First Home For the average millennial, buying homes in Toronto has always been a dream. The city is notorious for having a sky-high real estate market. Unless you’re a one-percenter, chances are you would have a hard time coming up with hundreds of thousands of dollars…

Real Estate News-Royal York Property Management

16 Sep: Real Estate News

Is Real Estate in Toronto a Good Investment? Toronto has seen crazy high housing prices over the past few years. Everyone has said, “what goes up must come down,” with many experts awaiting the moment the bubble bursts. This is a skeptical view taken by those unwilling to take risks. However, for those real estate…

Royal York Property Management

11 Sep: Real Estate News

The right way to buy a home for your adult kids When Ashton Paul was looking for a larger home to settle down, he turned to his parents for help. Mr. Paul, 35, had already proven he could handle the expenses that come with home ownership. In 2009, he gave his parents $70,000 toward a…

Toronto’s-Bloor-Yorkville-Canada’s-priciest-retail-corridor-Royal-York-Property-Management

09 Sep: Real Estate News

Toronto’s Bloor-Yorkville Canada’s priciest retail corridor Toronto’s Bloor-Yorkville neighbourhood is home to the fifth-most expensive retail corridor in North America and a number of factors have lined up to keep it that way, according to a new JLL report. “Bloor-Yorkville is representative of what is happening in the Toronto urban market and high-street retail,” Tim Sanderson,…

Allowing-property-owners-to-use-secondary-suites-as-short-term-rentals-bad-for-Toronto’s-rental-market-expert-says-Royal-York-Property-Management

30 Aug: Real Estate News

Allowing property owners to use secondary suites as short-term rentals bad for Toronto’s rental market, expert says Allowing property owners to use secondary suites as short-term rentals would encourage more landlords to convert their units to Airbnb-style rentals, rather than providing homes to long-term tenants. And that would exacerbate an already tight rental market and high rents,…

This-Week’s-Top-Stories-Toronto-And-Vancouver-Real-Estate-Sales-Soar-And-Borrowing-Rates-Are-On-The-Decline-Royal-York-Property-Management

29 Aug: Real Estate News

This Week’s Top Stories: Toronto And Vancouver Real Estate Sales Soar, And Borrowing Rates Are On The Decline Canadian Real Estate CMHC: Toronto Real Estate “Highly” Vulnerable, Vancouver StabilizingWarning signs exist for Canada’s real estate markets, but things are improving. The CMHC sees “moderate” vulnerabilities across Canada. Toronto held its rating of “high” vulnerability, due…

News-Royal York Property Management

27 Aug: Real Estate News

Why house prices are unlikely to rise any time soon Two years ago, the Canadian housing market experienced one of its hottest springs ever, with prices in cities like Toronto and Vancouver rising at an alarming rate. But since then, real estate has lost its sizzle, thanks to the implementation of foreign buyer taxes, higher…

A-reset-on-repurposing-Toronto-school-board-real-estate-Royal-York-Property-Management

23 Aug: Real Estate News

A reset on repurposing Toronto school board real estate It’s one of Toronto’s most tangled land use headaches. With 600 properties comprising more than 2,000 hectares, the Toronto District School Board is by far the city’s the largest property owner, but one plagued with systemic trends it has little power to control: long-term enrolment declines,…