IMR Property Management

IMR " The Property People", Looking for a change in your career, interested to know more about recurring income and retired income. Join our team

We are looking for talent. Position "Marketing Manager" in our property management company, Knowledge on rentals and real estate will be a value add. We invite talent to become part of our success. Location Toronto Canada. Call 905 565 1164

Ontario applauds B.C. 15% foreign homebuyer tax, finance minister says he will be looking "very closely" at tax as he looks for ways to address erroding affordability in Toronto's housing markets.
http://globalnews.ca/news/2848150/ontario-applauds-b-c-s-15-per-cent-foreign-homebuyer-tax/

Ontario applauds B.C.’s 15 per cent foreign homebuyer tax Ontario's finance minister says he will be looking "very closely" at British Columbia's tax aimed at foreign homebuyers.

Fairbnb calls on Toronto City Council to regulate Airbnb
http://www.cbc.ca/news/canada/toronto/airbnb-fairbnb-coalition-homesharing-toronto-regulations-1.3669677

New coalition wants to see Toronto regulate Airbnb A newly-launched national coalition that is taking aim at Airbnb plans to call on Toronto councillors to regulate online short-term rentals in the city.

Landlords may require a license to rent
https://www.thestar.com/news/city_hall/2016/06/08/council-approves-next-step-towards-landlord-licensing.html?platform=hootsuite

Council approves next step towards landlord licensing | Toronto Star Mayor joins in supporting public consultations on licensing, a measure advocates hope will help the city deal better with problem landlords.

Ontario Rent increase set at 1.5% for 2017
http://www.cbc.ca/news/canada/kitchener-waterloo/ontario-rent-guideline-2017-1.3640458

Renters to get a break in 2017, increases set below inflation Ontario has set the 2017 guideline on rent increases, and it's good news for tenants. Next year, landlords will only be able to raise rental rates 1.5 per cent - down 0.5 per cent from 2016.

Ontario Rental Laws could be changing. See below:
http://www.huffingtonpost.ca/the-rentseekerca-team-/ontario-residential-tenancies-act_b_10595760.html?utm_hp_ref=canada-business&ir=Canada%20Business

Do You Know Your Rights? Ontario Rental Laws Could Be Changing While some associations feel that the Ontario Residential Tenancies Act currently favours tenants (although associations representing tenants will disagree), there are proposed changes being debated that could shift the power back into the hands of the landlord.

Tips and Tricks for first time home buyers
http://www.theglobeandmail.com/real-estate/searching-for-a-home-tips-and-tricks-for-first-time-homebuyers/article30487312/

Searching for a home? Tips and tricks for first-time home buyers Depending on where you are in the country, the housing market can change. What to consider when looking for your next big purchase

Toronto home prices continue to rise
https://www.thestar.com/business/2016/06/03/toronto-house-prices-up-157-in-may.html

Toronto house prices up 15.7% in May | Toronto Star Real estate board’s latest monthly statistics say Toronto home prices increased by an average of $64,262 from the same month last year.

Looking to invest in Real Estate? Bank of Canada's Stephen Poloz says interest rates are expect to stay low

http://www.financialpost.com/m/wp/blog.html?b=business.financialpost.com%2Fnews%2Feconomy%2Fbank-of-canadas-stephen-poloz-is-in-no-rush-to-adjust-interest-rates-say-analysts

Bank of Canada’s Stephen Poloz is in no rush to adjust interest rates, say analysts Even the possibility of a rate hike or two in the United States won't be enough to nudge borrowing costs in Canada, according to analysts

Toronto Investors flock to Yonge and Eglinton as Crosstown LTR tunnelling reaches yonge street
https://news.ontario.ca/mto/en/2016/05/crosstown-tunnelling-reaches-yonge-street.html

Crosstown Tunnelling Reaches Yonge Street Tunnelling is now complete on the western segment of the 10-kilometre underground tunnel of the Eglinton Crosstown...

70% of millennials are delaying home ownership and continue to rent according to a new BMO Report
http://www.bnn.ca/News/2016/4/26/Housing-market-not-waiting-for-millennials-BMO-warns-reluctant-buyers-.aspx

Housing market 'not waiting' for millennials, BMO warns buyers Runaway home prices are leaving young Canadians on the outside looking in. A new BMO report shows 70 per cent of millennials are delaying home ownership until they can afford a house they want.