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How Your Buying Power May Change Under New Mortgage Stress Test

Stricter mortgage regulations are coming January 1, 2018. It’s time to think about what that means for you. Back in October of 2016, the federal government implemented new mortgage rules, endearingly known as “stress tests”, […]

Toronto Condos that Allow Short-Term Rentals Like Airbnb

The city of Toronto is set to roll out new legislation to regulate how short-term rentals like Airbnb can operate. At September’s Word on the Street festival, the Toronto Star held a panel discussion about […]

Pre-Construction Condo Boom Coming this Fall

Hold on to your butts! The Toronto condo market is about to be hit by a tidal wave of pre-construction launches. Never before have we seen this many new developments launching in such a short […]

What to Expect this Fall from Toronto Condo Real Estate

Last week saw a flood of new listings come onto the market, with condo re-sale listings alone increasing 90%. Historically, the fall market shows an influx of new listings and renewed real estate activity, but […]

New Landlord and Tenant Rules Now Apply

The rules of the game have changed. As of September 1, 2017, landlords must follow stricter rules when it comes to evicting a tenant, or else face up to $25,000 in fines. These changes are […]

We Need to Keep Talking About Urban Planning in Toronto

It looks like as we say goodbye to August, we also say goodbye to Toronto’s chief city planner, Jennifer Keesmaat. As of September 29, Keesmaat will be stepping down from her role at City Hall […]

The Insane Rental Market Could Bring Back Buyers

“What’s going on with the rental market? There is nothing to rent. Everything is either leased or has 3 offers . . . or super expensive!!!”   “Went in with $150 over asking with extra […]

Re-Thinking Pre-Construction Investment in Toronto Real Estate

The Toronto real-estate market has changed rapidly over the last three years. In August of 2014, the average PSF for Toronto condos was $428, or $299,600 for a 700sqft condo. Today, the average Toronto condo […]

Toronto is a Buyers’ Market, But Where Are All the Buyers?

Early last week, the media made the call that Toronto has become a buyers’ market. The monthly sales-to-new listings ratio for real estate in June fell below 40%, which basically means buyers have more choice […]

Toronto Condo Market Update: June and July

Two weeks ago we polled our readers with the question: “How do you feel about the Toronto condo market?” Out of 1,000 Toronto Insiders, 40% said that real estate is always up and down and […]