Financial Management

GTA rental market Aug 2019

Elevated immigration fuels GTA rental market

A strong GTA rental market fuelled by favourable demographics lifted transaction velocity 8 per cent over the four quar­ters ending at mid-year 2019, according to a new report from Marcus & Milichap.
rental housing regulator

Backlog plagues Quebec rental housing regulator

Quebec's largest rental housing association maintains fewer cases would go to la Régie du logement if landlords were entitled to ask for security deposits.
rent sticker shock

Rent sticker shock awaits Canadians in the U.S.

Asking rents in the five largest American cities of New York, Los Angeles, Chicago, Houston and Phoenix appear moderately to dramatically steeper than Canadian tenants typically pay.
2018 investment returns

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
lending institution

Renovating your apartment: Is it worth it?

Renovations or retrofits to an investment property that increase rents and/or decrease operating costs may also increase a property’s value. Cost and value, however, are not synonymous, and not all renovations are as profitable as one might expect.
affordable rental housing

Affordable rental housing on national agenda

As 2019 begins, Canadians continue to face a well-chronicled slate of challenges when it comes to finding affordable rental housing. Here, housing experts share their insights...and even a few solutions.
Commercial ratepayers

Few favours for commercial ratepayers in 2018

Tax ratios for 11 of Canada's largest cities demonstrate that commercial ratepayers consistently carry a disproportionate share of the municipal property tax burden.
senior amenities

Services and amenities for aging Canadians

Planning to build a retirement home? CMHC recommends developers consider the following key factors before investing in on-site services and amenities.
risks to commercial real estate

Balancing the risks to commercial real estate

Senior ranking valuation specialists agreed that new uncertainties around fraying trade agreements, political instability and climate volatility have broadened the scope of their worries well beyond rising interest rates.
Investment property

Investment property imperils preferred tax rate

The new rules capture the demographic of investors who own small low-rise residential or mixed-use commercial-residential buildings as a sideline to their main business ventures.
Winnipeg

Apartment market trends and transactions

According to a recent market report from Avison Young, Canada's commercial real estate sector continues to possess varying, but largely healthy, property market fundamentals across the country's regions and asset classes.
apartment market

Rental supply shortages fuel demand

According to CMHC's 2017 Rental Market Survey, the average vacancy rate for purpose-built rental apartment units across Canada decreased from 3.7 per cent in October 2016 to 3.0 per cent in October 2017.
toronto_apartment_buildings

Q3 2017 apartment market highlights

Overall, the Canadian real estate industry continues to be performing well with the apartment sector holding strong, according to the 2018 Emerging Trends in Real Estate report, published by PwC Canada and the Urban Land Institute
divergent property tax regimes

Cities exhibit divergent property tax regimes

This annual look at the apportionment of the tax burden gives a more complete picture of the pressures on the commercial and multi-residential sectors than simply referencing property tax rates.
Two_St_Thomas

Behind the scenes at Two St. Thomas

Rising in Toronto’s opulent Yorkville neighbourhood is Two St. Thomas, a joint venture between Bentall Kennedy and KingSett Capital. The $130-million 26-storey tower made of glass, stone, wood and copper is the picture of modern sophistication, as imagined by Hariri Pontarini Architects.
toronto_apartment_buildings

Apartment Market Highlights: Q2 2017

Above average transaction volumes, persistent demand, and foreign capital have been driving Canada's commercial investment property market in 2017, according to a recent report issued by Morguard Corporation.
affordable rental housing inventory affordability

Deconstructing Ontario’s Fair Housing Plan

In an effort to help increase the province’s supply of affordable housing and protect renters from what many are calling exorbitant rent hikes, the Ontario Government has announced a comprehensive package of measures in its just-released Fair Housing Plan.