Canada's Condominium Magazine

Monthly Archives: October 2012

Timing "could not be better" for Canadians to invest in US real estate

Timing "could not be better" for Canadians to invest in US real estate

No time like the present for Canadians to invest in the US commercial real estate market, according to REIT promoters with offerings that specialize in distressed residential as well as business properties. Another sign that the American real estate market is back, this time in the commercial sector, is the fact that Canadians are investing… Continue Reading

Warren Buffet buys Toronto asset firm Brookfield

Warren Buffet buys Toronto asset firm Brookfield

Warren Buffet and friend (Bill Gates). The legendary investor has demonstrated faith in the US residential real estate market by expanding his brokerage holdings and now creating a new “super” brand, acquiring Toronto’s Brookfield Asset Management to do so.  One of the world’s most famous investors has turned his attention to the residential real estate… Continue Reading

Real estate on agenda at city hall as council debates selling community housing

Real estate on agenda at city hall as council debates selling community housing

Real estate will be on the agenda at Toronto city hall tomorrow as council debates whether to sell off some 55 city-owned houses. Each of the homes, owned by the Toronto Community Housing Corporation (TCHC), is valued at about $600,000. The approximately $35.5 million that could be realized by the sale would be used to… Continue Reading

Jann Arden helps launch party fund-raiser plan for women’s shelters

Jann Arden helps launch party fund-raiser plan for women’s shelters

Jann Arden hosted the first Hosting for Hope party last week to kick off the campaign, which lets participants turn every party and get-together into a fund-raiser for women’s shelters. As we enter the Christmas season, we can look forward to many requests for help from various charitable organizations. One such organization that seems to… Continue Reading

Home inspections are for condos, too

Home inspections are for condos, too

Homebuyers might think that newer buildings like condominiums don’t need an inspection, but experts say don’t buy without one. Canada’s most trusted home guy, Mike Holmes, sounds like he’s paraphrasing the old American Express tagline when he says, “Don’t buy the house without it,” but the “it” he’s talking about is a home inspection. Speaking… Continue Reading

Other Popular Stories

Living happily ever after in a condo: Top 5 “Happiness Factors” to consider before buying a condo; it’s not what you think

Living happily ever after in a condo: Top 5 “Happiness Factors” to consider before buying a condo; it’s not what you think

The condominium market is increasingly the go-to choice for urban dwellers, with the price of detached houses now out of reach for many. Condo living have distinct advantages in this hot market. It also has its own unique issues, starting with how to find a reputable builder/developer management company — and the 4 other “Happiness…

Social housing crisis — With a wait list of 181,000, what help is in sight for the proposed shut down of 1000 TCHC units?

Social housing crisis — With a wait list of 181,000, what help is in sight for the proposed shut down of 1000 TCHC units?

The pending Rental Fairness Act attempts to protect the 1.2 million rental householders in Ontario. But there are 181,000 people on the social housing waiting lists in Toronto alone that apparently have no relief in sight — with Toronto’s plan to shut down another 1000 units. The Ontario government may not be directly responsible for…

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

With 1.2 million rental households in Ontario, frequently rented from condo-owners, the stakes are high for Ontario residents in a “fairness” rental act. Ontario is following through on their announcements of rent control reform. A news release from Ontario’s Ministry of Housing makes it clear The Rental Fairness Act, 2017, is a coming reality. It’s safe…

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