By: Alvaro De La Torre

Devious Tenants Must Be Stopped From Gaming the Sytsem

Tags: Tenants, Real estate, landlord and tenant , tenancy in ontario

Anyone interested in becoming a landlord in Ontario could learn some lessons from a recent court case which demonstrates how an unscrupulous tenant was able to live rent-free for 18 months. Rogers Afam Nwabue was the tenant of an  apartment on Howell Square, in Scarborough. On April 1, 2015, he stopped paying rent. After the landlord launched eviction proceedings at the Landlord an...Read More

By: Alvaro De La Torre

Strong Start to 2017

Tags: Real Estate Toronto 2017

February 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 5,188 residential transactions through TREB's MLS® System in January 2017. This result was up by 11.8 per cent compared to 4,640 sales reported in January 2016. Annual rates of sales growth were higher for condominium apartments than for low-rise home types. ...Read More

By: Alvaro De La Torre

Toronto Housing Bubble

Tags: Housing Bubble Toronto

Bank of Montreal’s chief economist finally came out and said on Wednesday what many others have been thinking recently. “Let’s drop the pretense,” Douglas Porter wrote in a report. “The Toronto housing market — and the many cities surrounding it — are in a housing bubble.” Detached homes in Toronto's inner city. (Photo: Getty Images) -Adver...Read More