News
Did the pandemic crush commercial real estate?
What was Toronto’s commercial real estate market like in the before times? It was tight, meaning a large chunk of properties were leased, which drove rents up. At the end of 2019, we had a commercial vacancy rate of 2.9 per cent. That’s ridiculously low, both...
Prime Minister announces additional support for small businesses
April 16, 2020 Ottawa, Ontario Small businesses are the backbone of our economy, and are vital for our families and communities across the country. They are facing economic hardship and uncertainty during the COVID-19 pandemic. That is why the Government of Canada is...
TRREB Strongly Recommends Realtors Stop Conducting Open Houses
Toronto Regional Real Estate Board TRREB is strongly recommending that Members stop conducting in-person open houses during the Ontario State of Emergency, and continue to offer best practices due to the uncertainty we're faced with in dealing with COVID-19. TRREB is...
Do we still have to pay rent on Commercial Properties? Due to the Corona-19 virus
Retailers closing the locations and certain major retailers stating they will pay employees during this time. Next up is figuring out those monthly rent payments. The consequences of still having to pay rent on a location that is not in business could deal a...
Hold Over on a Real Estate Listing
Holdover pertains to both a Commercial and Residential Properties You did not share how, or if, you intend to continue with the sale of your property, so, I’ll explain how the holdover clause may impact you after the current listing agreement expires. For...
Cannabis Retail Regulation Updates Applying for a Commercial Retail Store Authorization
Applying for a Commercial Retail Real Estate Property The AGCO will begin accepting applications for Retail Store Authorizations (RSA) on March 2, 2020. To apply for an RSA, you must have already applied for a Retail Operator Licence (ROL) but you do not have to wait...
Toronto Office Vacancy
The bright lights of the 2019 Canadian commercial real estate market have been the industrial and downtown office categories and the Toronto and Vancouver markets, analysts say. “The office leasing category has been really strong, other than Calgary, with Toronto...
Toronto Commercial Real Estate in the News February 20, 2020
Multi-Residential Real Estate in the News Starlight Investments And KingSett Capital Purchase Northview REIT For $4.8B Toronto Deal Toronto’s Starlight Investments and KingSett Capital have inked a deal to purchase Northview Apartment Real Estate...
Toronto Office Space for the High Tech Tenant
Technology companies as Tenants are the driver of Toronto’s Office Leasing recovery in the last decade. But even as tech becomes a defining feature of the city’s economy, real estate landlord’s in Toronto may lack the digital literacy to keep up with what the required...
Various Types of Commercial Real Estate
There are a number of Types of Commercial Real Estate: Below you will find the types of commercial real estate, which is defined as properties that have the potential to generate positive cash flow via net rental come and the potential of capital gains. Office Office...