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October 20, 2020
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Downtown Toronto’s startling rise in vacancies
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A new survey from Urbanation looking at rental projects constructed after 2005 paints a startling picture for owners and managers of once-coveted downtown properties: within the former City of Toronto, the sharp rise in vacancies from 0.7 per cent last year to to 2.8 per cent today underscores just how detrimental the ongoing pandemic has been.

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Headline News
»Cadillac Fairview unveils plans for Pointe Claire Mall redevelopment
 
»New CBRE survey reveals shift in tenant preferences
 
»Rental demand continues to decline through September
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HVAC Maintenance: Keeping Tenants Safe & Comfortable
With the next heating season on approach, it’s critical to execute on your building’s mechanical system’s upgrade to make sure you’re providing tenants with fresh, filtered air, and a reliable supply of hot water before the cold hits. »READ MORE
»What Ontario’s mask regulation means for residential landlords
 
»Rebate extension postpones hydro cost hit
 
»Home prices continue rising into fall season
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Mi Property Portal is an All-in-One property management software for Canadian landlords, investors and property managers. It is built in accordance with Canadian regulations. An easy-to-use, modern and affordable software where property management processes flow naturally. » TRY IT FOR FREE.  

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Edmonton firm wins IREM award of excellence
Edmonton-based Ayre & Oxford Inc. is doubly celebrating its 25th anniversary in the real estate management business and its newly received Real Estate Management Excellence (REME) Award from the Institute of Real Estate Management (IREM).  »READ MORE
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IN CASE YOU MISSED IT:
Student housing without the students

Vacancies are rising in major urban centres across Canada due to several factors, including lower immigration, short-term rental conversions, an increase in multi-residential construction, and COVID-induced caution about moving and buying a home. But the lack of students to fill rental units near universities and colleges is another reason for concern.» READ MORE

 
 
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