Are you thinking of purchasing a rental condo in the Toronto area? There are many things to consider when it comes to becoming a rental property owner. You have to consider things like resale value, any renovations you’ll need to make, comparables, what amenities exist, and what the rental market looks...

As Canada's largest city, Toronto has consistently demonstrated a vibrant real estate market, especially when it comes to condo suites and even condo rentals.With the economic markets changing, interest rates fluctuating, immigration into Ontario increasing and the demand for urban living back in full swing, condo management practices have evolved...

If you're a condo owner in Toronto or considering buying a high-rise unit for the use of passive income, there's one thing that shouldn't be an afterthought: Condo Insurance in Toronto.  While city life, amenties, convenient living and stunning skyline are often the selling points, a robust insurance policy for Toronto...

The exciting city of Toronto is known for its skyscrapers, lively and diverse neighborhoods, and a Canadian hub for culture, opportunity and business. One thing the cityscape is peppered with is condominiums—those shiny high-rises that offer a slice of the urban lifestyle.  However, owning or managing a condo in Toronto is...

Toronto's urban sprawl tells a story about how we used to live: detached house, full yard, and space as paramount.  But with micro condos—condos of 500 square feet or less—making up 11% of the new condos coming onstream in the GTA this year, the shift from car culture to transit-friendly, neighbourhood-centred, community culture is in full swing, as Toronto buyers and renters are embrace the advantages of a clean, compact lifestyle.

Here are four ways choosing condo-sized living can change your day-to-day routines—for the better.

 1) Say goodbye to high heating and utility bills.

Most condo corporations don't meter out heating, water, and hydro costs on top of your monthly rent: They combine those costs, along with your share of any major capital repairs, into a fixed monthly charge called condo fees, which are set by the condo board.  The budgeting benefits are part of what's attracted buyers and renters of all ages to condominium living.  The next big cold snap won't wreck your budget once the heating bill comes in, and fluctuating hydro rates are absorbed and evened out over the year.

On top of that, your share of your building's condo fees is allocated based on the square footage of your unit—anywhere from 50 cents to a dollar per square foot, depending on the age of the building, how many amenities it contains, and how many units are there to share the load.  So a smaller unit means a lighter load when it comes to condo fees—and your entire utilities and heating bill, letting condo owners keep their costs down and condo renters, more often than not, see their entire utilities bill included as part of their monthly rent.

The Toronto real estate market is a dynamic one, especially with an increased number of people opting to invest in condominiums when semi-detached and detached housing becoming increasingly more expensive. Whether you're an investor or a tenant of the Toronto housing scene, understanding the nuances of the market can be...

Aspiring first-time and real estate investors alike often overlook one significant avenue to sharpen their investment strategies: visiting open houses. An open house is more than just a casual visit; it's a learning opportunity.  Let's uncover why these visits can make you a smarter investor. Gaining Market Insight in Real Time Unlike online...

Moving house is commonly called the third-most stressful event we experience in a happy, healthy, day-to-day life.  However, a smooth move is achievable with a little planning and organization.  Have a seamless moving day with these easy advance moving day tips: 1) Don't get mad, get organized The earlier you start organizing...

Curious about the impact of interest rates on the ever-changing real estate landscape, specifically the condo rental market in Toronto? Let's delve into how interest rates can influence your home ownership decisions and when it might be advantageous to opt for renting out your high-rise condo. Understanding Interest Rates Interest rates are...

To sell or to rent out? This article aims to assist condo owners in Toronto who faces the common financial decision of whether to sell or rent out their property for passive income. By exploring factors like market conditions, financial goals, property management, and personal preferences, we provide insights and guidance...

If you are interested in investing in an income-generating property in the Greater Toronto Area, it's essential to conduct proper research and due diligence. Although real estate investing can be a lucrative opportunity, it's important to take necessary precautions before making any financial decisions. In this article, we will discuss...