Category

News
Why Chinese Investors Love Toronto and Vancouver Real Estate- Kingmount Capital
  Despite stricter mortgage rules, the foreign buyer tax, and continually rising prices, Chinese investors are still very interested in Canadian real estate. Chinese buyers purchased more than $1.45 billion of Canadian real estate last year alone. According to Juwei.com, the most popular Chinese real estate website, Canada is the third most popular investment location...
Read More
China Currency Toronto Real Estate Investments
  Over the past few weeks, trade tensions between the U.S. and China have heated up, and both sides have been threatening and implementing retaliatory trade actions.   The U.S. has threatened to increase tariffs from 10 per cent to 25 per cent on $200 billion worth of goods from China. The U.S. Commerce Department...
Read More
Toronto’s Growing Retail Market-Kingmount Capital
  Walk into almost any shopping complex in Toronto and you’ll see signs indicating the opening of a new store or plans for an expansion. Many of you may have already noticed that a large number of international retailers are quickly immersing themselves in the Toronto retail market. In fact, Toronto ranked as the most...
Read More
Toronto Ranked Top City for Tech Job Growth-Kingmount Capital
  For the past few years’ people have been keeping an eye on Toronto in the technology sector. The city has already earned the reputation as the ‘Silicon Valley of Canada’. Now Toronto has officially outpaced San Francisco in terms of technology job growth.   According to a new report by CBRE Group, Toronto has...
Read More
This is Why the Bank of Canada Raised Interest Rates- Kingmount Capital
After much anticipation, the Bank of Canada (BoC) has raised its benchmark interest rate. The new interest rate is 1.5 per cent, an increase from 1.25 per cent. This is the fourth time the rate has increased in the last 12 months.   The Bank of Canada has made it clear they were primarily basing...
Read More
What is Self-Storage and How Does it Work-Kingmount Capital
Self-service storage, typically called self-storage, is a growing industry in the Greater Toronto Area. From an investment standpoint, self-storage facilities offer higher yields and they cost less to run than other commercial projects, for example, condominiums, due to a larger number of units that can fit into the same amount of space. Self-storage units are...
Read More
What the PCs Win Could Mean for Toronto's Housing Market-Kingmount Capital
Doug Ford and the Progressive Conservatives won the election with 73 majority votes on June 7, 2018. With Doug Ford as Ontario’s new premier, there could be key changes in Toronto’s housing market.   Recently, the PC leader addressed abolishing the 15 per cent non-resident buyer tax on real estate, officially called the Non-Resident Speculation Tax,...
Read More
Canada Ranked The 7th Happiest Nation In The World-Kingmount Capital
Oh, Canada! To anyone that has stepped foot in this country, it should not be a shock to realize Canada ranks among the top ten when it comes to happiness. According to the sixth annual World Happiness Report, Canada ranks seventh in terms of nation-wide happiness. In fact, we are the only North American country in the top...
Read More
What Is The Foreign Buyers Tax-Kingmount Capital
Ontario’s hot real estate market has definitely felt the effects of the foreign buyer tax that went into effect last year. Despite the widespread discussion around it, many are still unsure what exactly is covered in it. If you are a foreign buyer looking to make a real estate investment in the Greater Toronto Area,...
Read More
Ontario’s Foreign Buyer Tax Could Potentially Be Repealed- KIngmount Capital
Back in early 2017, the Ontario provincial government introduced a foreign-buyer tax and expanded rent control in an effort to slow the increase of housing prices in the GTA. The housing market has cooled after this move but many people remain skeptical.   Doug Ford, brother of the late former Toronto mayor Rob Ford, and...
Read More
1 2 3 4