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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…

11.13-real-estate-news

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…

Canada’s-Real-Estate-Market-Experiencing-The-Boomerang-Effect-Royal-York-Property-Management

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…

10.21-real-estate-news-Nlevinson

21 Oct: Real Estate News

Toronto real estate industry must adapt to survive – PwC Amid a robust and ever-changing market, Toronto’s real estate sector must learn to quickly adapt to the multiple factors influencing tenant expectations, PwC stated earlier this month. In particular, the industry should explore the multiple possibilities in construction, especially in the realms of co-working space…

Real Estate News-Royal York Property Management

18 Oct: Real Estate News

Time To Get Dirty Money Out Of Canadian Housing Market Keeping the Canadian dream of home ownership within reach has become a key issue in the 2019 federal election and rightly so. Home ownership rates in Canada are on the decline for the first time in history as young families struggle to do what generations…

Real Estate New-Royal York Property Mangement

11 Oct: Real Estate News

The Number of Vacant Properties is Dropping in Toronto More than 66,000 homes in the Toronto real estate market are vacant, according to a report by Point2 Homes. The analysis shows the evolution of empty properties in the largest 150 Canadian urban centres between 2006 and 2016. Titled “Ghost” Homes Across Canada: A Decade of Change in 150 Cities,…

Property developers step up residential construction as housing market emerges from deep freeze

09 Oct: Real Estate News

Property developers step up residential construction as housing market emerges from deep freeze Ontario — which needs ‘every last unit at this point’ — and B.C. lead the boom fuelled by population inflows and resilient economies Canada’s housing industry is booming with construction permits surging as developers respond to strong demand, according to new data…