From time to time, a condo developer will want to incentivize a condo investor to feel comfortable that their condo investment will generate revenues right from the get-go. One way to do this, is to offer a rental guarantee. Basically, the developer commits to the buyer of a condo unit …
Read More »Condo Rental Guarantees: Good or Bad?
From time to time, a developer will want to offer incentives to a condo investor. One way to do this, is to offer a rental guarantee. Basically, the developer commits to the buyer of a condo unit that he or she will receive x dollars per month in rental income. There are …
Read More »Toronto Condo Rental Rates at an All Time High
“It’s a good time to be a condo investor” likely could already be the understatement of the year. According to recent research study outlined in the Financial Post, Toronto condo rental rates have risen almost 12% in 2016, with the year ending average rental rate sitting at $2.77 per square …
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