Latest News
01
Jun 02
National Post -Slump in condo rental market likely short term
Slump in condo rental market likely short term Flood of units expected: CityPlace could have as many as 1,300 suites ready this year Grace Macaluso National Post Investors expecting to capitalize on Toronto’s condominium rental market may have to keep their for-rent signs up longer. Demand for rental condos is cooling as more tenants opt… View Blog Post
22
Jun 02
Toronto Star-Landlords hit by double whammy
Landlords hit by double whammy New reports predict the boom may be ending, but there’s a lot of life left in the market yet Tracy HanesSpecial to the Star Toronto’s red-hot condominium market continues to smoke past last year’s brisk sales, with an estimated 8,000 units already sold and little sign of cooling. But with… View Blog Post
02
Jul 02
Toronto Star- Market turning to favour renters?
The long-standing tight supply of rental units in Toronto is turning around, with more units becoming available. That’s good news for tenants who now have more choice and the likelihood of lower rents as apartment owners compete for tenants’ rental dollars.Meanwhile, condo investors need to be diligent in leasing a unit and make sure the… View Blog Post
04
Jun 03
Globe and Mail – Patient Investors will Hang In
ELVIRA CORDILEONEMARKET PULSE Good news for renters is bad news for condo owners who bought their units as investment properties a couple of years ago.A report by Altus Group, an independent real estate consultancy, says vacancy rates are inching up and rents are slightly down in central Toronto in the last six months because of… View Blog Post
10
Jan 04
Toronto Star -Glut of Condos a Temporary Blip: Expert
Glut of rental condos a temporary blip: Expert Ellen MoorhouseEditor’s Notebook There’s been a lot of gloom and doom about the apartment rental market recently, so we decided to check with Gerry DiLeo, a partner in The Rental Lifestyle Group (http://www.rentallifestyle.com) to get his perspective on the situation.DiLeo’s company, launched two years ago, is in… View Blog Post
01
Oct 05
Toronto Star -Ensuite laundries drive condo rentals
Ensuite laundries drive condo rentals Renters gladly pay more for such amenities Yorkville is commanding highest rents DONNA LAPORTE STAFF REPORTER The condo rental market is so strong, we can’t keep product in stock,says Gerry DiLeo, a partner in The Rental Lifestyle Group. The company specializes in leasing or managing more than 1,200 condo units… View Blog Post
05
Apr 08
Investors use Middleman Matchmakers
Rental reps find solid tenants for luxury suites whose owners see them as longterm investments. DAVID HAYESSPECIAL TO THE STAR Early last week, Han Tang met a tenant in the lobby of the Residences of College Park’s south tower. An insurance executive in his 50s from Montreal who spends more than half the week in… View Blog Post
21
Oct 06
Condo Living – Firm Busy Matching Renters with Condo Units
Firm Busy Matching Renters with Condo Units Professionals, students like downtown Healthy market ‘good news for investors’ DONNA LAPORTESTAFF REPORTER Gerry Dileo is so bullish on Toronto condos; he just bought one as an investment himself. Dileo, a partner in The Rental Lifestyle Group, which manages about 2,000 condos for investors, says hi centrally located… View Blog Post
02
Jul 01
Condo Life Magazine-A condo in your portfolio?
Condo Life Magazine November 2001 Investment A condo in your portfolio? Condominium owners can benefit from the rental lifestyle mentality By Gerry DiLeo It is commonly understood that there have been very few rental apartment buildings constructed in Toronto since the end of the non-profit housing projects in the early 1990’s. However, what is less… View Blog Post
19
Aug 13
Toronto Condo Rental Market Reaches New Heights
TORONTO CONDO RENTAL MARKET REACHES NEW HEIGHTSRENTAL TRANSACTIONS AND RENTS CONTINUE TO GROW TORONTO – August 19, 2013: Urbanation Inc., the leading source of information and analysis on theToronto condominium market since 1981, released its Q2-2013 rental market results today.A record high 5,315 condominium apartments were rented on the MLS system during the second quarterof 2013,… View Blog Post