One of many the industries impacted by COVID-19, the short-term rental market will likely see some recover in 2021, according to a new report from Beyond Pricing.
Canadian commercial real estate assets are comparatively less exposed to the dire physical threats that extreme weather poses or has already served up in other global regions.
Women were jettisoned from 14,300 of the roughly 16,000 positions Ontario's real estate, rental and leasing sector shed last year.
Aging residential towers are in dire need of investment, something the pandemic has underscored given the scores of frontline workers who’ve been disproportionately affected.
A ten-year run of capital growth abruptly reversed, resulting in a 7.8 per cent loss of value across the 2,356 assets that the 44 portfolios represented in the Canada Annual Property Index hold.
Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
Leasing has begun at Toronto’s newest boutique rental community, The Waverley, which pays homage to the iconic Silver Dollar Room and Waverley Hotel.
A new slate of conservation and demand management (CDM) programs allocates $456 million for commercial, institutional and industrial consumers over the four-year period from 2021-24.
Investor confidence in the multi-suite residential and industrial property sectors remained robust throughout 2020, according to Morguard's new economic outlook report.
For now, residential and small business customers enrolled for either time-of-use (TOU) rates or tiered pricing under the provincial regulated price plan will be charged the off-peak TOU rate of 8.5 cents per kilowatt-hour for all electricity consumption.
Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
As COVID-19 cases continue to surge across the nation, the dispute over whether evicting tenants is ethical has reached fever pitch.
As the average rent in Canada hit a record low of 9.1 % from a year ago, analysts share a hopeful outlook for Canada's rental market in 2021 and beyond.
As COVID-19 continues to threaten Canadians, it is crucial that landlords have the right tenant screening systems in place to attract the ideal resident.
Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.
More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.
With many regions in the throes of a second lockdown and the holiday season well underway, landlords must have a sound policy on parcel deliveries.