Tag: affordability
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The Revival – July 2020: Now! …No Better Time To Start
Those who have connected to chat about business know that OA is keenly watching the economic drivers that COVID has highlighted and those that it has disrupted. On top of our Real Estate businesses, we dabble in stock options trading, metals, small ventures and private lending. These vehicles hold fantastic opportunities to build your wealth, but they also…
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Guest Post – Mohammad Adam: Rent protesters mean well, but could make things much worse
This article was originally published by The Ottawa Citizen. COVID-19 has ravaged the economy, cost jobs and left many struggling to make ends meet. With little or no income, many Canadians are being forced to choose between food and rent. Inevitably, many tenants are withholding rent in a bid to survive. It’s quite understandable in…
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Toronto Market Stats – June 2020
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June 2020 Stats – Peterborough
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Increases to the LTB fees…
LTB Fee Increases LTB | JUNE 22, 2020 FEE INCREASES ON JULY 1, 2020 Effective July 1, 2020, application fees for the Assessment Review Board (ARB), the Landlord and Tenant Board (LTB), the Licence Appeal Tribunal (LAT) and appeal fees for the Local Planning Appeal Tribunal (LPAT) will increase. The ARB, LTB and LAT fees…
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May 2020 Stats – Peterborough
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Guest Post by Brad Lamb: Covid 19 – The way forward part 2
We now know the mortality rate of COVID-19 is somewhere around 0.1% to 0.2%. This is very similar to the seasonal flu (a study in Norway just confirmed this again). It is almost entirely harmful to very sick older people (in long-term care facilities), and others with serious pre-existing conditions. Knowing this likely means that…
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Bill 108- More Homes, More Choice Act: Implications for 3rd unit Garden Suites
By Andy Tran: Founder of Suite Additions If you’re not aware of “Bill 108, More Homes, More Choice Act, 2019”, it is an act which amends various statutes that will significantly change housing development in Ontario, and it received Royal Assent in 2019. It has very specific implications for housing intensification. And has some distinct…
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The Revival – June 2020: 1 Year Anniversary with Financial Figures
This month marks the 1-year anniversary of one of our joint venture projects. So I thought I would share a little breakdown of the project and our returns. This property is a 50/50 co-venture and is currently operated as a student rental property in Peterborough, ON. We purchased this home in May of 2019.…
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April 2020 Stats – Toronto