Looking to break into the Toronto real estate market, but seek more square footage than the typical condo provides? Given the average house price now tops $1.3 million in the city, according to the Toronto Real Estate Board, you better have a significant nest egg if you dream of detached living.
2016 was an unforgettable year, though some may want to try. Through the loss of several music legends, a rise in world-wide violence and a tumultuous political situation south of the border, it’s easy to dismiss last year as a negative. Yes, there were several monumental events that affected life for Canadians, though as many in the Real Estate industry would agree, one of the biggest news stories of 2016 was the continued highs of the Real Estate market.
The Government of Ontario has set the 2017 guideline for rent increases to 1.5 per cent.
The guideline, which is set by the Province of Ontario, outlines the maximum percentage by which landlords can increase a tenant’s rent based on the Ontario Consumer Price Index. The guideline is the maximum a landlord can increase most tenants’ rent during a year without the approval of the Landlord and Tenant Board.
RentSeeker.ca, Canada’s Leading Real Estate Website and Apartment Finder, has Launched the First Ever LIVE Web-Based Real Estate Panel Discussion featuring Real Estate Professionals, Top Business and Real Estate Journalists and MP’s from across the country to discuss Canada’s Real Estate Market.
Is it better to rent or buy? This is one of the most common financial questions Canadian consumers have to deal with at some point. From millennials who typically begin their careers while renting, to families who are looking to live “the Canadian dream” of home ownership.
While the cost of renting an apartment, condo or house depends on a number of factors – including; size (number of bedrooms), neighbourhood and location, and the age and condition of the property – among other factors, Canada’s leading apartment finder and real estate marketing website, RentSeeker.ca published it’s updated average cost of renting across Ontario for renters and landlords to be able to use as a resource for reference.
When it feels like the Canadian dollar is becoming more and more like monopoly money everyday, there is — at least — good news on the horizon for renters.
Vacancy rates are going up in many metropolitan centres across the country and rent prices are remaining stable or dropping.
December 17th 2015 – RentSeeker.ca – Canada’s Leading Apartment Finder and Real Estate Listing Website, today published it’s Fall – 2015 [INFOGRAPHIC] showing: Average Rental Costs of Apartments across Canada.
With housing prices out of reach for many Torontonians and the surrounding Greater Toronto Area (GTA), RentSeeker.ca, one of Canada’s largest and most visited online apartment finders, published new data showing the average rent costs for apartments for rent in Toronto and the surrounding Greater Toronto Area (GTA).
Canada Mortgage and Housing Corporation (CMHC) released some preliminary data this week on the Canadian Rental Market, offering some great insight and information for renters searching for a new apartment across the country.