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Parking spaces should reflect demand

A decrease in vehicle ownership and increases in driving alternatives like ride-sharing and public transit has resulted in reduced need for parking spaces by residents who buy units in new developments.

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Low transit use imperilling critical infrastructure projects

The pandemic has drastically changed the way transit is used in the GTA. Many who would usually commute to work are at home as their companies shifted to work-from-home models.

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Toronto needs more family-focused condos

Multigenerational living may become more common in Toronto in the coming years. Unlike typical condominium developments in the city, this condo development is emphasizing the need for family-sized units.

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Bitcoin and real estate: can you buy real estate with Bitcoin investments?

With Bitcoin becoming such a success and increasing in value, is it a smart move to use it to purchase real estate? Yes and no. Here are some things to keep in mind.

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These homes earn more rental income than condos

This broker says there are more investment opportunities in Mississauga's semi-detached market because you can benefit from two incomes - renting the basement and the upstairs.

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In Toronto, rentals are making more sense than ownership

Many people can't secure that 20% down payment to start their homeownership journey. This may be why rentals are exceeding demand in Toronto.

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Hotels hurt by pandemic could become affordable housing

“On the periphery of Vancouver and Toronto, there are pockets of opportunity. When you look at commercial real estate broadly, retail is a victim of COVID and that’s still playing out.”

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Ravenous demand for housing nullifies supply boost

Canadian housing starts hit 273,664 in March, up from 252,636 a month earlier, but the enhanced activity still hasn’t been able to keep pace with voracious demand.

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Off-market investment properties can yield the best deals

According to this chief business development officer in Burlington, off-market investments have less competition and allow for more time to inspect the property.

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These urban rental units can boost property values

"[...]There’s a lot of push for the city and other government levels to move towards laneway housing to deal with the supply issue and I think that’s a great opportunity.”

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Real estate investing democratized

Learn more about how addy’s mission is to enable every human to become a homeowner by helping them invest in real estate at a price that works best for them, and dividing the investment into equal parts.

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Benchmark price of Canadian home up $120,000 in March

In March, new listings set a record by reaching 1 million across Canada, a 7.5% increase from the month prior. Bidding wars were commonplace and inventories fell to their lowest in decades.

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Here’s how much monthly rental profit the average GTA condo earns

Sixty-three percent of investors in the GTA were cash flow neutral or positive last year, up from 56% in 2017. Investors who purchased presale condo units saw better cash flow than landlords who bought resale units.

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