Entries by Mahyar Rezapour

Toronto one-bedroom condo rent falls 5% to $2,083

Average rent prices for both one-bedroom and two-bedroom condos fell during the second quarter of 2020 as rental listings increased and demand fell. According to new data published last week by the Toronto Regional Real Estate Board (TRREB), the average price for a one-bedroom condo in the GTA was $2,083, down 5 percent from the […]

Basement Flooding Protection Subsidy Program

During heavy rain, the sewers can become overloaded. It is essential that homeowners take appropriate action to reduce the risk of basement flooding. The City offers owners of single-family, duplex and triplex residential homes a subsidy of up to $3,400 per property to install flood protection devices. Eligible work includes: Installation of a backwater valve. […]

New Home Sales in GTA Heat up Again in June: BILD

Following two months of “historically slow” sales as a direct result of the COVID-19 pandemic, new home sales are starting to surge again in the Greater Toronto Area (GTA). In fact, during the month of June, sales of new single-family homes – which includes detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses) – […]

New legislation allows for eviction orders without Landlord and Tenant Board hearing

  Province says changes meant to encourage negotiated settlements between landlords and tenants Newly passed changes to landlord/tenant law will permit ex parte eviction orders, allowing landlords to obtain an eviction order without appearing before the Landlord and Tenant Board. With Bill 184, the Protecting Tenants and Strengthening Community Housing Act, when a tenant is […]

Central Toronto neighbourhoods see home prices jump 26% in 2020’s first half

Despite the unprecedented turbulence real estate markets have experienced over these last few months, prices for single-family homes in some of Toronto’s most sought-after communities have shown few signs of wavering. A new market report released by RE/MAX Ontario-Atlantic Canada today found that central Toronto neighbourhoods delivered strong average home price gains through the first […]