So we’ve entered new territory in the condo market. Demand and prices have gone bananas. It’s literally happening all over the city: A condo listed at $299,900 sold for $476,000 in the Junction Triangle. There were 36 offers. Yes, 36. A condo listed on the Etobicoke Lakeshore was listed at $359,000 and sold for $441,000. […]

– Updated April 26, 2017 We help a lot of non-residents buy property in Toronto, and there are some questions that come up repeatedly. Below, you’ll find answers to the most frequently asked questions. RESIDENCY QUESTIONS FOR NON-RESIDENTS Who can buy real estate in Canada? Canada welcomes home buyers from all countries, and there are no […]

Just a few short years ago, the short-term rental market in Toronto was booming. Smart investors (us included–read our original blog about it here) took to renting out their condos to tourists and business travellers, from a week to a few months at a time. Margins and cash were great (we were getting $3,000 a […]

There’s this thing called THE MARKET – and it’s smarter than you. I know you don’t want to hear that. The MARKET is actually smarter than me too. And you know I don’t want to admit to that. Many moons ago, I went to University and got a Bachelor of Commerce (in between trips to the […]

I’ve been having a lot of fun digging into Urbanation’s 2014 first quarter data for new construction condominiums in Toronto. With so many differing opinions in the media about what’s going to happen when all the cranes in the sky finish building all the condos, it seems like it’s time to actually look at the facts. […]

Admit it – no matter how home renovation-averse you are, at some point you’ve probably considered flipping a house. HGTV makes it look so easy – buy a fixer-upper, throw a little money at it and voila – you’ve just made $50,000. Of course the reality of flipping houses for profit isn’t quite as simple […]

The City of Toronto has a love-hate relationships with basement apartments: while they recognize the need for housing and want to encourage density, they also want to ensure the safety of basement dwellers. While laws have flip-flopped over the years, at this point, the City of Toronto permits second suites in all detached and semi-detached houses, […]

Is it time to sell your Toronto condo? The world economy is unpredictable. The Mortgage rules have changed.  There are, admittedly,  LOTS of condos in Toronto. And I don’t think anyone is predicting condo prices to skyrocket anytime soon. Of course there isn’t a one-size-fits-all answer. If you own a condo and are wondering what to do, you’ll […]