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Royal York Property Managment - Hamilton

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Royal York Property Management can place a tenant in your Hamilton property within 7 days. Our tenant database, screening process and extensive market research result in a unique system that provides better tenants, fewer vacancies and a better...  More

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Last Posts
Investor webinar explores huge investment opportunities in Hamilton
Uncategorized, 2022-03-02
This week, Toronto based broker and co-founder of Connect.ca, Ryan Coyle, sat down with Brad Lamb, an investor and broker turned developer of condo buildings in Toronto and beyond, to discuss new opportunities coming up in Hamilton and why it may be the next major market for Canadian real estate investors. Back in 2018, the pair sat down for... The post Investor webinar explores huge investment opportunities in Hamilton appeared first on Royal York Property Management.
What can new census data tell us about Canadian real estate?
Uncategorized, 2022-03-01
The Government of Canada’s robust census program is a source of invaluable information for all kinds of topics. Unfortunately, this level of detailed data collection takes a lot of time and effort, and as a result, a census is only conducted every few years. That means until recently, we have been working from census data... The post What can new census data tell us about Canadian real estate? appeared first on Royal York Property Management.
Expert tips for choosing an investment property in Calgary
Uncategorized, 2022-02-04
With the way real estate prices have been headed, even $1 million doesn’t seem to get you much in the major Canadian cities anymore. However, there are still some areas in the country where the dream of affordable homes is much more attainable, and one major city attracting investors is the city of Calgary. For... The post Expert tips for choosing an investment property in Calgary appeared first on Royal York Property Management.
Toronto Gives Garden Suites the Green Light
Real Estate News, 2022-02-03
In a move some may call overdue, Toronto City Council just gave garden suites the green light. Yesterday, Toronto City Council expanded permissions to allow residents to build garden suites on residential properties in the city. A garden suite is a housing unit, usually located in the backyard of an existing house, but separate and... The post Toronto Gives Garden Suites the Green Light appeared first on Royal York Property Management.
Bank of Canada holds interest rate steady — for now
Market Trends, 2022-01-30
The Bank of Canada surprised markets Wednesday by keeping its key lending rate at 0.25 per cent, while putting Canadians on notice that interest rates will eventually rise. The central bank decided to hold on rates despite surging inflation and a stronger-than-expected economic recovery. Heading into the decision, Bloomberg data showed the implied probability of... The post Bank of Canada holds interest rate steady — for now appeared first on Royal York Property Management.
‘Moving without moving’: Don’t expect rush into housing market after Bank of Canada’s rate reprieve
Market Trends, 2022-01-28
The Bank of Canada is waiting to raise interest rates, but don’t expect the reprieve to spark a last-minute surge in homebuying. That’s the message a handful of market watchers gave the Financial Post, noting that while the central bank’s decision to keep the overnight rate unchanged at 0.25 percent until at least March may... The post ‘Moving without moving’: Don’t expect rush into housing market after Bank of Canada’s rate reprieve appeared first on Royal York Property Management.
Bank of Canada maintains policy rate, removes exceptional forward guidance
Property Management Tips, 2022-01-28
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %. With overall economic slack now absorbed, the Bank has removed its exceptional forward guidance on its policy interest rate. The Bank... The post Bank of Canada maintains policy rate, removes exceptional forward guidance appeared first on Royal York Property Management.
Why virtual home tours are an effective tool in the real estate industry
Market Trends, 2022-01-26
During the pandemic, agents in the real estate industry began using virtual home tours for a significant amount of showings, especially during strict social distancing orders. The pandemic was a huge event that caused many people to move from their current living situations, working conditions, and much more. This blog post will cover all the... The post Why virtual home tours are an effective tool in the real estate industry appeared first on Royal York Property Management.
What Your Utility Bill Includes & How To Reduce It
Market Trends, 2022-01-25
For first-time homebuyers, your stack of bills can be a jolting surprise. Every adult pays bills, but there are a few extras for homeowners. Here are all the bills you can expect. Hydro Your hydro bill covers your home’s electricity, so it varies depending on your monthly usage. You receive a bill once a month... The post What Your Utility Bill Includes & How To Reduce It appeared first on Royal York Property Management.
Average Prices Soar Nearly 25% in The Toronto Region: TRREB
Market Trends, 2022-01-20
The results are in: 2021 was a record-breaking year for real estate in the Toronto region. The Toronto Regional Real Estate Board (TRREB) has just released its numbers for December 2021, which shows that the year, with a total of 121,712 sales, beat out the previous record in 2016 by 7.7%. When compared to last... The post Average Prices Soar Nearly 25% in The Toronto Region: TRREB appeared first on Royal York Property Management.
How downtown Hamilton is poised for a big 2022
Market Trends, 2022-01-18
Like many other places across the country, local businesses in Hamilton have taken some of the hardest hits from pandemic closures and restrictions. One side effect of this is that the downtowns that were once vibrant and attractive destinations have diminished in importance when it comes to our housing decisions. However, with the end of... The post How downtown Hamilton is poised for a big 2022 appeared first on Royal York Property Management.
Toronto home values grew by over 28% in 2021 – but Brantford has it beat
Market Trends, 2022-01-15
It’s no secret that the real estate market has had a record year in Ontario. Most markets across the province have reported high double-digit growth in home prices and show signs of continuing at pace for a good while yet. And though the city of Toronto has attracted a lot of attention for its price... The post Toronto home values grew by over 28% in 2021 – but Brantford has it beat appeared first on Royal York Property Management.
Net Zero Communities Across Canada
Market Trends, 2022-01-11
Net Zero Homes were once only seen in custom homes, but committed and passionate builders across Canada are now offering Net Zero production homes and even full communities. Energy-efficient homes are becoming more desirable to many Canadians who are looking for superior quality, greater comfort, and who want to be environmentally responsible. And Net Zero... The post Net Zero Communities Across Canada appeared first on Royal York Property Management.
What To Look For When Choosing A New Neighborhood
Market Trends, 2022-01-10
Choosing a Neighbourhood It’s tough to know which neighbourhood you should settle down in. In large cities, you might have dozens of options, each with its own pros and cons. Before considering a number of factors, which we list below, ask yourself this question: What do you want to do in your downtime? Tip: You might... The post What To Look For When Choosing A New Neighborhood appeared first on Royal York Property Management.
Top Reasons Why Self Storage is a Great Idea for Homeowners
Market Trends, 2022-01-08
The self-storage industry has helped many people during challenging times, including anyone who needed to move or create a home office. While rents vary between regions, it can always provide homeowners with a cost-effective way to store a wide variety of items, giving them more space at home. In addition, their chances of finding a... The post Top Reasons Why Self Storage is a Great Idea for Homeowners appeared first on Royal York Property Management.
GTA real estate market forecast for 2022 and beyond
Real Estate News, 2022-01-07
The Greater Toronto Area is one of the hottest regions in the Canadian housing market and has been for a long time. With so much attention from buyers and investors, the ever-pressing question is how the market will perform in the coming months and years. Despite difficulties stemming from pandemic conditions in the past two... The post GTA real estate market forecast for 2022 and beyond appeared first on Royal York Property Management.
What is the average down payment on a house in Canada and how much should you pay?
Market Trends, 2021-12-23
The thing that is on all prospective home buyers’ minds before they start getting a mortgage is the down payment required to begin the process. According to Canadian regulations, you can not simply get a mortgage with no down payment amount towards the purchase price of the home. This means you will need to save... The post What is the average down payment on a house in Canada and how much should you pay? appeared first on Royal York Property Management.
Canada’s Real Estate Industry Had Forecast Slow Price Growth In 2022, But Not Anymore!
Market Trends, 2021-12-22
Canada’s real estate industry is ratcheting up expectations for next year. The Canadian Real Estate Association (CREA) is forecasting huge growth for the average home price in 2022. Just six months ago, they had been expecting the boom in 2021 to be followed by slow growth. Now in a market flooded with easy money, they... The post Canada’s Real Estate Industry Had Forecast Slow Price Growth In 2022, But Not Anymore! appeared first on Royal York Property Management.
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