Ontario government scraps rent control & Toronto doesn't like it

Sunday Dec 9th, 2018

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Toronto Real Estate

Ontario Premier Doug Ford's first-ever fiscal roadmap could have sweeping implications across all aspects of life for almost everyone in the province. Those who earn the most money, for example, no longer have to worry about paying extra income taxes (something proposed by the previous Liberal government that would have generated about $275-million for Ontario). Renters, on the other hand, could eventually end up paying way, way more to live in the city. Effective November 15,... [read more]

Bidding Wars Erupt in Toronto's Rental Market

Sunday Sep 18th, 2016

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BIDDING WARS ERUPT IN HOT TORONTO RENTAL MARKET Looking for that perfect rental property to move into? Get ready for war. What was once unthinkable is now a reality in the City of Toronto, with bidding wars for residential rentals happening in all corners of the city. As a landlord, David Batori has seen it first hand. "We did a recent renovation on a basement apartment and we were asking $1,200 (per month) and it rented for $1,480." Batori had four people bidding on... [read more]

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