Author: Jaime Bell
Dawn of the Rental Boom
November 11, 2015
Author:
Jaime Bell
With rental condominium unit vacancy rates hovering around the 1.8% mark and with an average rent of $1,750/month for a 2 bedroom unit, the condo-rental market in Toronto is hot, and has not gone unnoticed by developers. Over the last year, Toronto has seen a surge in purpose-built rental units by developers seeking to tap[…]
The “Protecting Condominium Owners Act” is (almost) Here
August 12, 2015
Author:
Jaime Bell
The newly proposed Condominium Act, Bill 106 and aptly named the “Protecting Condominium Owners Act” was recently released and is the product of major collaboration between condominium owners, developers, lawyers and other major stakeholders across the province. As expected (and as subtly indicated in its title) it has completely overhauled the near 16-year old Condominium[…]
So…About That Bubble
November 4, 2014
Author:
Jaime Bell
As a new Torontonian, I have quickly learned two things: Torontonians are obsessed with real estate. The condo revolution in Toronto is no trend. It is nearly impossible in Toronto to avoid headlines and unsolicited advice warning us that Toronto is in the throes of a housing bubble, and (lookout friends!) this cannot last. As we continue[…]