TorontoRentalCondos.ca

💥 10,000 emails in 24 hours have been sent by Ontario renters telling Doug Ford's government that we won’t let them take rent control from us.

Join a Halloween action in Toronto, Ottawa, Hamilton, London, Mississauga, or Kitchener (details coming soon)!

The Ford government already eliminated rent control for buildings built after 2018. They are now taking steps to eliminate rent control in Ontario altogether. This is shameful and disgusting given the affordability crisis that so many people are facing.

Contact your Local MP and tell them housing should not be a privilege.

"Canadians who find themselves on the wrong side of a housing crisis that saw prices nearly double between 2015 and 2022. Rents exploded by over 11 percent in 2023, continuing a decade-long trend of growth at twice the rate of inflation." 📈🏚️

"real GDP per capita, a measure of economic activity per individual, has barely budged"🧐

Responsible parties:
Justin Trudeau
Chrystia Freeland
Liberal Party of Canada | Parti libéral du Canada
Conservative Party of Canada - Parti conservateur du Canada

Canada's quiet descent into neofeudalism - The Hub Canada faces a growing divide as society is segregated into two distinct classes: the affluent, property-owning class with considerable political and economic influence, and a new class of permanent tenants, for whom homeownership and long-term economic progress are out of reach.

New CMHC data shows rental vacancies hit 30-yr lows and rent growth hit 30-yr highs as of late '23.

We are shocked that adding 800,000 temporary residents to the population in one year would have this effect.

cc Elected Individuals leading this charge:
1: Marc Miller 2: Sean Fraser 3: Pierre Poilievre 4: Justin Trudeau 5: FordNation 6: Jill Dunlop

www.TorontoRentalCondos.ca

Average condominium apartment rents continued to well outpace the rate of inflation in the second quarter of 2023. Despite seeing an increase in the number of units listed for rent, competition between renters remained very strong. This competition underpinned higher average rents.

“As the population continues to grow at a record pace in the coming years, rental
housing will be a key piece of the overall housing puzzle. We have talked a lot in
recent years about the persistent lack of housing supply, and this shortage has
certainly played itself out in the rental market. Similar to the ownership market,
policymakers must quickly make the transition from plans on paper to shovels in the
ground if we are to affordably house people in the GTA region,” said TorontoRentalCondos.ca Broker, Kamran Ebrahimi

Greater Toronto Area (GTA) home sales, new listings, and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listings were up.

“Home sales continued to be above last year’s levels in July, which suggests that many households have adjusted to higher borrowing costs. With that being said, it does appear that the sales momentum that we experienced earlier in the spring has stalled somewhat since the Bank of Canada restarted its rate-tightening cycle in June. Compounding the impact of higher rates has been the persistent lack of listings for people to purchase compared to previous years,” said Toronto Regional Real Estate Board (TRREB) President.

Homeownership demands continue to be consistent, as rental rate increases have placed a drain on family incomes. If you are considering purchasing your next home in this current market, starting on the right step is critical in such a market. Reach out to our office to speak with a Professional Broker, and we can assess your next steps toward property ownership. Visit TorontoRentalCondos.ca or DM us here

Highly in-demand condos coming to Pickering Durham. 😍🤩

To be in early, during the VIP Broker Event Launch, visit our site at TorontoRentalCondos.ca and click the 'Contact' menu tab - we will have one of our Pre-Constructions Brokers reach out to you and answer your questions.

We can't wait for this event, as it has been in great anticipation!

Record 183k non-permanent resident admissions into Canada in April.

This cohort is not included in fed government's permanent immigration targeting. No limits/targets in spite of significant impact on local rental markets.

" home’s basement to be used as a drug lab while an unwitting family rented the upper floors. "
🆘🚩

Seeking an experienced professional is the best first step for you and your family.

We have been supporting families since 2008, and had seen our share of red flags.

Our property management services are available for Landlord and Tenant representation, visit our website TorontoRentalCondos.ca to arrange a consultation.

Landlord sentenced to 20 years for letting drug lab set up in basement of his Pickering rental home More than 265,000 doses of carfentanil were found in the house, which was also leased to a family upstairs.

When 1998 Tenant Protection Act became law, the Harris government included a provision that rent control only applied to units that were first built or occupied before Nov. 1, 1991. By the time Kathleen Wynn abolished that in April of 2017, it had been 26 years of exempt units.

Ironically the post-November 1991 Conservative exemption dates back to a 1992 NDP law intended to be temporary. Bob Rae, conflicted socialist.
After Wynne axed it in April 2017 & lost the election in 2018, re-instituting a new Nov. 15, 2018 exemption was high on Ford's list.

We are here to help your family move and protect your rights.

www.TorontoRentalCondos.ca