Toronto Real Estate Board President Garry Bhaura announced that the average selling price for condominium apartments sold through TREB's MLS® System in the second quarter of 2018 was up by 5.4 per cent year-over-year to $561,338.
Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® continued to report strong average rent increases for GTA condominium apartments rented through TREB's MLS® System in the second quarter of 2018 relative to Q2 2017.
Toronto Real Estate Board President Garry Bhaura announced commercial leasing and sales statistics reported through TREB's MLS® System during the second quarter of 2018.
Provincial Government Introduces New Standard Lease for Rentals
February 8, 2018 -- As part of Ontario's Fair Housing Plan and Rental Fairness Act, the provincial government is introducing a new standard lease that will be mandatory for private residential leases signed on or after April 30, 2018, including tenancies in single and semi-detached houses, apartment buildings, rented condominiums and secondary suites (such as basement apartments).
A copy of the new standard lease is available by clicking here. It is important to note that this standard lease form does not apply to most social and supportive housing, retirement and nursing homes, mobile home parks and land lease communities, or commercial properties. The government will develop separate standard leases to address these other types of residential tenancies.
The OV NAP is a broad based community-led organization with a mandate to work together with residents, businesses, agencies and City representatives to improve neighbourhood well-being and active communication, coordination & service delivery.
Their site is an active archive of the OV NAP. Here you will find records of past OV NAP meetings, related City of Toronto and Provincial reports, and practical tools and resources for civic engagement. You are invited to explore the site and utilize the resources found there.