Toronto City Council recently approved an enhanced apartment inspection and enforcement initiative aimed at boosting health and safety, as well as enabling easy access to online information on building conditions citywide. RentSafeTO, which oversees over 3,600 apartment complexes, approved the new rules to help uphold maintenance standards.

Under the revamped regulations, non-compliant properties will...

According to the March 2024 Edge Report, current trends in debt service ratios and net worth may indicate areas of concern. The prevalence of static payment variable rate mortgages, household debt-to-GDP ratios, and Canada’s heavy reliance on real estate assets, may raise concerns about resilience.

Debt Service Ratios

In Q4 of 2023, debt servicing costs stayed stable, with the household debt service...

Investing in revenue properties has long been a favoured avenue for generating income and building wealth. With good planning and careful execution, revenue property strategies offer a range of benefits which justify their popularity with investors.

Steady Income Stream

The most obvious and biggest advantage is the income from a revenue property. With proper tenant screening and lease management, property...