A lot has been said about the generation we call millennials. They have reportedly killed a number of industries from paper napkins to diamonds, but their lack of spending on these “luxury” items stems largely from one issue- affordability.   Millennials are often saddled with student loan debt, forced to take low paying jobs...Read More

  Canada’s largest real estate markets, such as Toronto and Vancouver, have seen cooling prices in recent months. Even with the market slowing down, mortgage and HELOC payments are soaring. The Canada Mortgage and Housing Corporation (CMHC) reported a big increase in average payments. The average payment on mortgages and home equity lines of credit...Read More

  After asking for more transparency in real estate transactions for years, the government may soon give people what they want. The Ontario government is looking to modernize the Real Estate and Business Brokers Act (REEBA).   Currently, the seller’s real estate broker is only required to reveal the number of other offers. The details...Read More

  When it comes to real estate, Toronto is the driving force in Canada. The city’s residential, commercial, and industrial real estate have been steady, with Toronto’s residential real estate market carrying Canada in 2018. Now it was just announced that Toronto’s retail space in malls was the most profitable in all of Canada.  ...Read More

  The Greenbelt, 7,200 square kilometers of protected green space that rings the Golden Horseshoe, is up for discussion again.   During his Ontario Premier campaign, Doug Ford caused an uproar when he announced his intention to open up the Greenbelt for development. Ford’s idea was to use some of the large supply of underdeveloped...Read More

  Toronto was thrilled when it landed on Amazon’s shortlist for their HQ2 headquarters this spring. It was the only Canadian city to make the list of 20, which was an achievement in itself. While Amazon ultimately ended up splitting their HQ2 location between Long Island City, New York and Crystal City, Virginia, it seems...Read More

While Toronto’s residential real estate market continues to be shaky, its commercial real estate market is thriving. Even as supply dwindles, demand remains high. The low supply and high demand have pressured prices upward, great news for commercial real estate investors.   A recent report by Morguard found that Toronto’s stable economy is a bonus...Read More

  As home sales continue to remain low across Canada, real estate developers are looking beyond its borders. More specifically, they are now eyeing Mainland China.   Juwai.com, the largest overseas property website in China, recently conducted a survey on real estate developers. It found that over a third of Canadian developers are looking to...Read More

  Toronto’s real estate market has been a little rocky this year. The market had a slow start to the year, but home sales and prices have risen during the summer and fall months.   October saw strong sales compared to this time last year. The Toronto Real Estate Board says the average sale price...Read More

  The Ontario Real Estate Association (OREA) has made more than three dozen recommendations to the provincial government on ways it should update the rules governing realtors, including allowing for a more open bidding process for buyers and sellers. This could be a game changer for home buyers who are currently forced to bid blindly...Read More

On September 20th, Kingmount Capital hosted our first ever Investor Appreciation Event to celebrate the Mid-Autumn Festival with our valued Investors.   The event took place at George restaurant, a staple in the Toronto restaurant scene, and is representative of our aspiration to be a staple in the GTA real estate investment scene. The event...Read More

  Canada’s real estate market had a rough start at the beginning of this year. Tighter mortgage rules, the implementation of the foreign buyer and speculative taxes, and extremely high prices led to a slow start. However, thanks to Toronto the country’s real estate market is regaining strength.   Increases in Toronto have pushed Canadian...Read More

  Toronto home sales have stabilized, but the Greater Toronto Area’s rental market remains hot. Rental availability in the city is low and prices continue to increase. The average monthly rent for a condo has grown by 11.2 per cent.   As Toronto universities begin their new school year the influx of students arriving in...Read More

  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

  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

  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

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

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

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

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