Found 5 blog entries tagged as renters.

rent to own program

The Canadian real estate market is showing signs of slowing, now that interest rates are rising. Despite sales activity sliding and prices moderating, the country’s housing sector is still leaving many hopeful homebuyers sitting on the sidelines.

According to the Canadian Real Estate Association (CREA), national home sales tumbled at a monthly rate of 3.9 per cent in September. The MLS® Home Price Index (HPI) declined by 1.4 per cent month-over-month but was still up 3.3 per cent year-over-year. Meanwhile, the actual (not seasonally adjusted) national average sale price declined 6.6 per cent year-over-year, to $640,479.

New residential listings fell 0.8 per cent month-over-month, and months of inventory edged up slightly…

260 Views, 0 Comments

Basement apartment renovations and rentals have become more common these days; however, it’s important to remember all rentals aren’t created equal. 

Renters should be aware of laws and regulations to make sure they’re getting a livable space that’s safe, to code and won’t cause them headaches in the future. As Sacha Clarke, REALTOR® and sales representative with Century 21 Percy Fulton Ltd. emphasizes, “you want to look for a good, legal basement apartment.” She shares some of the basics to consider when looking for a basement apartment.

Image via Unsplash

What constitutes a basement apartment?

Separate from the living spaces above them, basement apartments can often have more square footage than standard apartments—of course, depending…

197 Views, 0 Comments

There’s a harsh reality for plenty of Canadians with green thumbs who can’t indulge in the luxury of a full yard to explore. Perhaps you’re in an apartment or condo, maybe you rent, or it could be you simply want to bring the outdoors inside. 

Tall potted plants use vertical space to help add depth to a smaller residence, and we’ve seen how planters can add to outdoor appeal without hurting your budget. Herb gardens, big or small, indoors and out, are always popular with foodies, and if you play your flora cards right, you may attract some desirable fauna even without a huge greenspace.

To help you ease into some new ideas for your space-friendly garden, we’ve collected some thoughts to share with you. Be sure to add your own tips and tricks in…

233 Views, 0 Comments

Photo: Vladyslava Andriyenko / Unsplash

Still recovering from the effects of the pandemic, Canada’s multi-suite rental market is expected to continue strengthening in the new year.

Morguard Corporation recently released its 2022 Canadian Economic Outlook and Market Fundamentals Report, painting a picture of increased rental demand leading to reduced vacancy rates and higher rents heading into the new year.

“Rental demand will gradually strengthen in 2022, as postsecondary schools and offices continue to open,” said Keith Reading, research director at Morguard. “Additionally, rental demand will increase with the return of international students to the country’s major urban centres.”

Rental demand dropped during the early stages of the pandemic…

172 Views, 0 Comments

There’s no doubt Canada’s real estate market has been in flux since the beginning of the COVID-19 pandemic, from home buyers migrating to outer-city areas, to soaring demand and prices across the nation. 

While the homeownership landscape has transformed, the Canadian rental market has seen its fair share of changes too, including the shifting preferences and priorities of tenants. Whether its location, unit size, or rental prices, those looking to lease have adjusted their needs and wants based on current market conditions.

Conrad Rygier, a Toronto-based broker and REALTOR® with Right at Home Realty Inc, tells us more about how priorities for Canadian renters have changed as of late.

Image via James Bombales

What has happened with Canada’s…

299 Views, 0 Comments