renting

Introduction The question, "Should I buy or rent?" is a significant decision that most of us encounter at some point. This decision carries a great deal of weight, as it directly impacts your financial status, lifestyle, and long-term goals. In the real estate market, there's an ongoing debate on whether it's better to buy or rent. An array of factors need to be considered when making this decision,...

  Introduction Welcome to the vibrant city of Markham, with its thriving rental market that offers a wealth of opportunities for those seeking quality living spaces. The appeal of renting a condo in Markham is undeniable - a blend of urban convenience, suburban comfort, and a dynamic community spirit. From luxurious 2-bedroom condos perfect for families or roommates, to cozy 1-bedroom units ideal...

In Q2 2021, the number of condominium apartment rental transactions was more than double that of Q2 2020. In comparison to Q1 2021, the number of rentals increased by 13.3%. On a year-over-year and quarter-over-quarter basis, growth in rental transactions outpaced growth in the number of units advertised.   In Q2 2021, REALTORS® in the Greater Toronto Area (GTA) recorded 14,920 condominium apartment...

TRREB (Toronto Regional Real Estate Board) released it first quarter 2020 Rental Market Report this week.  Realtors in the Greater Toronto Area reported 7,192 condominium apartment rentals through TREB's MLS System in the first quarter of 2020.  This is up 8.6 percent compared to first quarter last year.  The average 1 bedroom condo rent was $2,187 in Q1 2020 that is up 2.1% from Q1 2019.  The average...

  First time home buyers are usually on the fence between renting or buying a condo. There are advantages to renting a condo, such as flexibility of residence, instant move-in, no permanent commitments and low to no down payment requirement. However, there are also great advantages to buying a condo or a house. So, before you sign on a lease, read the following advantages to owning your...

  Real estate is still the safest investment choice. Land and home values are slowly and steadily increasing. Condominiums offer a more dynamic investment option as if done correctly they can generate a positive cash flow from rentals. Condo units are also cheaper and usually easier to sell than detached homes. However, to be a successful condo investor, you will need to know and do your duties as a...

  I know what you must be thinking right now. Isn't that question a little bit obvious? Unfortunately, the answer to this question is not as easy as it was decades ago when common wisdom dictated that you buy a property as soon as you can. In fact, the schematics and dynamics of ideologies have evolved quite a bit over the past few years thanks to the cold hard economics that owning a home now...

  Relocating to a new place can be quite a hurdle. Most especially when you have absolutely no idea what to expect in terms of rentals and what not’s. That’s why in a bid to make your relocation efforts a little less hectic we have compiled a few important things you need to know when you rent a home or apartment in Canada.  Understand the expenses included in the rental rate Although...

Have you heard of the term "house poor"?  Essentially it means having your mortgage payments take up so much of your monthly income that you don't have much room for much else..  What should you do if this is the case? Should you sell your home and start renting?  Well with rental prices hitting new heights this might not be a better option.  One thing you could do is go into your...

Are you wondering whether to buy or rent a condo?  Well, the first thing to do when faced with a prediciment like that is to figure out your finances.  Never bite off more than you can chew.  Be honest with your self and take a long hard look at your bank account and the money you are bringing in and the money going out on a regular basis.  When buying a condo don't forget that on top...