TORONTO LIVING

Well, it’s officially the holiday shopping season and what could be better than shopping for a new home?

While the fall months can feel busy and fast-paced, it’s important to understand and appreciate that the path to homeownership is a journey.

During the pandemic, condo owners and investors saw double-digit price growth in their units. This prompted some people to sell their investments and use the proceeds to upgrade their own living spaces. But what if - in the process of inspecting your investment to prepare it for sale - you discover your tenant is a hoarder?

What do you think of when you hear the term “co-operative housing or co-op housing”? If you’re a bit older you might think back to the 70s with hippies living together in communes and living off the land. Today, you might think more about subsidized housing in low-income neighbourhoods.

One tried and tested way to gain entry into the market is to buy a property that can provide you with rental income, such as a duplex or one with a basement apartment.

While some of us embrace the annual deep clean, for many it can seem like an overwhelming chore. If you fall somewhere in the latter pool, here are six helpful tips to get you started.

There is even more incentive to get in now as mortgage rates are set to rise. We’ve been spoiled by a long period of low interest rates, which has also helped fuel the real estate market over the last few years.

I know I’ve said this before…but if you are looking to invest in the real estate market, whether as a first-time buyer or as a landlord, the time for hesitation has passed. It’s been a crazy couple of years as a pandemic real estate market has fueled unprecedented price increases across the country. And there doesn’t appear to be an end in sight as prices continue to rise.