Owner Leases King St West unit to AAA tenant .... or so she thought. Why we need to have the RTA updated.
New guideline amount announced, is your unit exempt?
Residents of a downtown condo building voted to take back control of their board of directors Tuesday night, which they say was hijacked by representatives favourable to short-term rental companies operating in the building. -By Simon Nakonechny, CBC News
Always asked how the Toronto Market is preforming. Here, Jamie gives his expert opinion based on the last few months numbers
Could you be facing this man's horrors?
An overview of February and March activity in the Real Estate Market
Some Owners have expressed interest in rental revenue protection. Where as the risk may be low, the security of knowing there is coverage in the event something transpires with the tenant (Late payment, Loss of job, Work transfer, Abandoning unit, Simply not willing to pay, ect.) can be reassuring.
Financial planing, peace of mind and to reduce the risk, is what we are looking into for the policy so we may offer you this in coverage.
As DASH is always looking to better serve our clients, we would like to know how many of you would be interested if an indemnity was offered and what the package needs to entail to make you comfortable.
Please understand to implement requires a minimal participation from owner which is why we need your feedback. Your response to this survey does not commit you to anything.
What does that mean for Toronto Real Estate
Whats your time worth?
Its hard to believe its been 14 years already.
Thank you for a great 2015! Here is what we forecast for 2016
At some point many landlords wonder: is hiring a property manager worth the cost?
The average unsold new condominium in the Greater Toronto Area suburbs was 865 square feet, according to June data from RealNet Canada Inc.,
At an average price of $515 per square foot, that's likely a stretch for the average first-time buyer to afford at $445,000. If young professionals want to be in the action, they'll have to settle for less square footage and a higher price.
Even gone through this?
Just because the maturity date of the lease is approaching this does not mean that the unit will be vacated....
Do you have the time, knowledge and resources to be a landlord? Should you be a landlord? or is it just not worth your resources?
What to you know of LLTB? RTA? CEF? LMR? If you're unsure of these you may want to consider a professional
Our Bi-Monthly Report From RE/MAX Condos Plus
Data Release from TD Economics
Canadian housing starts declined 4.1% (M/M) in April to 181,814 units (SAAR), in line with market expectations. The decrease in April follows a 25% surge in March. On a six-month moving average basis, housing starts held steady at 179,299 units from 179,114 units in March.
Are you prepared? Playing Devil's advocate will make you a prepared investor and Owner
A common concern, however is it valid?
Brought to you by Re/max Condos Plus - Jamie Johnston
How weather influences consumers?
An interesting analysis of the Toronto's real estate Market
The Economist magazine conducted a report by its Intelligence unit for the safest cities to live in 2015.
Ontario tenants can offer rent up front
Corvers vs Bumbia: Ontario Superior Court decision has important lessons about lease negotiations between landlords and tenants.
Re/Max Condos Plus brings you the March/April 2014 market report for lease and sales in Toronto
Rental real estate: professional property manager will find a good tenant, chase down rent, pay bills and keep on top of repairs
Fears that a housing bubble is brewing in Canada are overblown, according to a new report by the Conference Board of Canada.
We've been saying it for years! Toronto is only getting stronger, now the banks support our claims. Here's why.....
Why Renting is great for Torontonians! from Brett Walther at Canadian Living
Article from Toronto Star November 2013 with an interesting investigation into the growing list for Ontario.
Jamie Johnston review for 2013 end.
Some condo buyers think they don’t need household insurance, because it is somehow covered by their common expense payment each month. They should think again.
By: Mark Weisleder Real Estate, Published on Fri Sep 06 2013
See the full article at: http://www.thestar.com/business/personal_finance/2013/09/06/why_condo_owners_need_household_insurance.html
Remax Condos Plus Sales and Rental commentary for July/August 2013
Interesting legal opinion of Jeffery Cowan of Metro News regarding the HST rebate and one owner who had to pay it back.
Jamie Johnston of Remax condos Plus provides the month in review and where the market is heading
OSFI probes longer-term uninsured mortgages, could act...
New Mortgage rule is looking to shorten the mortgage amortization period from 30 years to 25 years on uninsured mortgages basically it means that buyers with less than 20% in down payment will find it even harder to afford a new property as their monthly payment will be higher therefore the rental market again will get a bust and will probably impact prices upwards.
looking into refinancing to act on it now and these who are looking to buy should make decisions fairly fast to avoid the new change.
In both cases DASH can assist you…
Article from Metro News on why tenants should have insurance
Echo kids are moving on — from their parents’ homes to downtown rentals
Surge in new jobs, desire to live in heart of city driving rental demand to 20-year high
Featuring DASH Property Management
Rental condos new bidding-war battleground
With the vacancy rate at about 1.4 per cent, demand for rental condos has become incredibly intense in central Toronto.
Featuring DASH Property Management
Ontario's legal system looking to change laws in Landlord Tenacy Act due to those who abuse the system. Read about the the most recent case and ruling.
An overview of the current and forecasted, Sales and rental markets for July and August 2012. Written by Jamie Johnston, Broker for Remax Condos Plus Corp.
Everyone might keep talking about a rental crash for Toronto, but the newest stats say otherwise.
Toronto Condominium Market 2011 and Key Factors in 2012
Dash's training retreat yesterday was a great success! A wonderful day up north in Blue Mountain with snowmobiling, brainstorming, training, food and great laughs, were excited to show you whats coming for 2012…..
Dash Property Management had a successful seminar at the Toronto Property Show this past weekend at the Toronto Hilton Hotel.
Read first hand how novice landlords were taken advantage of by "Professional Tenants"...