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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]

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 A Property With Basement Rental Potential.

Saturday Aug 29th, 2020

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  GTA’s real estate market has been very expensive for many decades and it is often very difficult to get into the market, and as we wait to save more the price increases tend to outpace the savings. In the last 20 years the price corrections have been few and far between, with few hiccups along the way the prices are going from expensive to even more expensive. One way to get into the market is to find a place with a rental basement potential, yours truly have done it with our... [read more]

What is a bedroom - condo edition.

Saturday Dec 14th, 2019

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A bedroom, as most of us would imagine, is a place where one would ordinarily sleep, will have a door which can be shut so one can sleep in peace and quiet, will have a window for a daylight, and be large enough to have a bed. Ontario Building Code describes this in great detail, below are few excerpts: 9.5.7.1. Areas of Bedrooms (1) Except as provided in Articles 9.5.7.2. and 9.5.7.3., bedrooms in dwelling units shall have an area not less than 7 m² where built-in cabinets are not... [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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