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Condos Allowing Short Term Rentals DT Core

Tuesday Oct 27th, 2020

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People who are interested in living in or investing in DT condos are often asking which building do, and which once don’t allow short term rentals. The truth is the majority of the condos don’t permit short term rentals and it is stated in their bylaws, of the buildings who are not allowing them there are some who enforce it strictly, and others that don’t. City of Toronto at the end of 2019 implemented new rules and regulations for short term rentals, there are certain... [read more]

Markham, Richmond Hill, Vaughan - Condo Price and Trends

Thursday Oct 8th, 2020

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The following chart is tracking recent trends in the condominium market in Markham, Richmond Hill and Vaughan. For simplicity I will call these the areas York. To compare apples to apples only one and one plus one units are being tracked. The data is tracked starting September 1, 2019 to illustrate the most recent trends and the impact of Covid-19 on this segment of the real estate. The commentary and the charts are to provide info on how this segment of the market behaves itself, and... [read more]

Toronto DT 1 bedroom condo charts.

Tuesday Oct 6th, 2020

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The following chart is tracking recent trends in the condominium market in DT Toronto, specifically the following communities: Bay Street Corridor Church-Yonge Corridor Moss Park Waterfront C1 Waterfront C8 To compare apples to apples only one and one plus one units are being tracked. Eliminated are properties sold at over $1M as these luxury units do not represent the needs of average consumer. The data is tracked starting September 1, 2019 to illustrate the most... [read more]

Buying Renovated Property. What About Building Permits.

Tuesday Apr 16th, 2019

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  You are interested in purchasing a renovated property, this gorgeous house in a great established neighbourhood has been completely renovated top to bottom, it just looks great, and is everything you have ever wanted. Do I have anything to worry about? Yes, one of many items you have to check are the construction permits. CHECK IF THE PERMITS WERE OBTAINED. Why is this important? Most major renovations will require some kind of permit, examples of work requiring... [read more]

Condos in York Region Versus DT Core

Monday Aug 24th, 2020

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The following charts are tracking recent trends in the condominium market in Markham, Richmond Hill and Vaughan in comparison to DT Core. To compare apples to apples only one and one plus one units are being tracked. The data is tracked starting September 1, 2019 to illustrate the most recent trends and the impact of Covid-19 on this segment of the real estate. The goal of this is also to compare the behaviour of 1 bedroom condos in these parts of York Region to DT core condos as... [read more]

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