You have found a nice and inexpensive piece of land and decided this is where you want to live, perhaps not only is it a great place for you to call home but also a fantastic investment. Great, now slow down, a lot of research should go into the decision making before dumping your hard-earned money into it, as there will be many hurdles to overcome, and many questions to answer: Question 1. Can I build a house on this piece of land? This will depend on several factors, there... [read more]

  Finding a rental property in today’s market of the Greater Toronto Area (GTA) can be challenging. The rental market is very HOT! Vacancy rates are at all time low (around 1%) meaning that landlords (property owners) have their pick of who they want to rent to (and for what price). The housing market affects the rental rates. The more landlords pay for the property, the higher their mortgage, the higher the rent. And as it becomes harder to buy a home, with low market... [read more]

Real estate around GTA has been a great investment for many decades, the prices have appreciated over time, if anyone was unlucky and purchased at the peak prior to a correction, given enough time they were able to recover and show significant gains, most people who invested in rental properties have accumulated significant wealth, in reality owning real estate in GTA equals wealth. Why GTA? Why invest in GTA? The answer is actually very simple: the populations is growing, it attracts... [read more]

What is POTL. The term is associated with certain types of properties, in this short blog we will explain what it means as well as how it affects some properties. POTL is short for A Parcel of Tied Land. The most common forms of ownership of properties are freehold (detached or semi-detached homes, freehold townhomes) and Standard Condominium Corporation (your typical condo apartment, condo townhomes). POTL in the context of GTA residential real estate ownership refers to a... [read more]