rental

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…

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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-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…

Real Estate News

28 Oct: Real Estate News

The Pros And Cons Of Renting-To-Own A Home In Toronto Toronto is one of the most expensive real estate markets in the entire country, pricing many would-be buyers out of the market. According to the Toronto Real Estate Board (TREB), all home types in the GTA of late have an average price of $843,115. So, saving…

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25 Oct: Real Estate News

Canada’s Real Estate Market Experiencing The Boomerang Effect Real estate brokers are balancing sleepless nights with black tie launches as the bids keep rolling in. Canada’s real estate market has almost returned to its 2017 heyday as benchmark prices in Toronto jumped 5.2 per cent to $805,500 this September compared to the same time last year. That’s…