rental
Renting
Average 2-Bed Rent Could Hit $5,600/Month In Toronto By 2032
The outlook for Toronto rent growth represents an astounding 72% increase compared to 2023 and projects a 26% rent increase to $4,100 by 2027.
Oct 07, 2024
Renting
Toronto Rental Starts Slashed In Half As “High Cost Of Financing” Cuts Into Profitability
The plunge in purpose-built rental starts can additionally be attributed to “consecutive months of declining asking rents,” according to Canada Mortgage and Housing Corporation.
Development Projects
Greystar Proposes Rental Towers After Buying Science World McDonald's For $80M
For 1527 Main Street in Vancouver, Greystar is proposing a 22-storey and 18-storey rental tower with a total of 371 units.
Renting
How The Government Of Canada Is Approaching The Renters' Bill Of Rights
The Government of Canada committed to establishing a Renters' Bill of Rights as part of Budget 2024.
This Stately Rosedale Home Boasts The Backyard Sanctuary Of Your Dreams
To say that 77 Chestnut Park Road “sits pretty” in Rosedale would be an understatement — the home sits beautifully, and our favourite thing about it is the incredible backyard.
Industry
PC Urban Founder Brent Sawchyn On Getting Creative In A Conservative Industry
Development is a conservative profession by nature, but out of necessity, it’s also getting more creative in its delivery, says long-time developer Brent Sawchyn, founder of Vancouver’s PC Urban, a merchant development company that builds purpose built rental and industrial strata buildings in Western Canada and soon, Toronto.
Renting
Size Matters: Renters Prioritizing Space And Price Over Location
A study from simplydbs found that 74% of renters valued price over location, amid a high cost of living.
Renting
“Historically Irregular”: Canadian Rent Growth Slows To Almost 3-Year Low
The sluggish summer is attributed to “a combination of more supply being built, as well as a rollback in demand from population-related changes in government policies.”
Multifamily
The Lauren, Developed By Westbank And Peterson, Sold To Starlight
The Lauren is a 22-storey rental tower located at 1051 Broughton Street in the West End of Vancouver that was completed by Westbank and Peterson in 2014.
Industry
BCFSA Suspends License Of Rent It Furnished Realty, Manager Of 350+ Properties
The BC Financial Services Authority has announced that they have suspended the license of Rent It Furnished Realty and frozen the company's bank accounts.
Renting
Average Canadian Rents Drop In June After Record-Breaking May
Month-over-month, the (very slight) decrease actually represented the largest decline since early 2021 – during the pandemic – and defies the typical summer trend of rising rents.
Renting
Brampton Announces Fines Up To $1,200 For Unlicensed Landlords
Landlords that fail to comply with the city’s rental licensing pilot will face a $600 fine for first offences, a $900 fine for second offences, and a $1,200 fine for third and subsequent offences.
Load more