February 2022

What you need to know about rent increase in 2022

Tags: rent increase 2022, landlord and tenant board Estimate reading time: 2 minutes Written by Yan Zhou It is the new year and Ontario rent can be raised again. Last year the Ontario government put a freeze on rent increase due to pandemic. It was not renewed the year. If you are the landlord and you plan to increase you rent. Here are a few points you need to keep it in mind. when the...

1 Bloor west under construction photo by yan zhou

Pros and Cons of buying and selling an assignment

Pros and Cons of buying and selling an assignment Written by Yan Zhou For Buyer: Pros: You may get a discount compared to a brand-new property. Some assignment sellers have difficulty to obtain mortgage or try to avoid paying for the closing costs, so some sellers are willing to sell with a discount, normally it is about 5%. You may be still able to pick the interior colors. Please...

I was preparing staging for one of my listings in markham back in November 2021 when I was with Remax Realtron.

Is it a good idea to list a property at a lower price to create a bidding war?

Is it a good idea to list a property at a lower price to create a bidding war? Tags: bidding war, offer presentation, property selling strategy, listing Estimate reading time: 2 minutes Written by Yan Zhou Why I would list a property at $999k when I know the property would worth around 1.4 million dollars.  I recalled one time I met with a seller for listing presentation. We...

Richmond Hill Mayor By-election Meet your Candidates Event

Richmond Hill Mayor By-election Meet your Candidates Event 

This event was done last December and congratulations to our new Richmond Hill mayor David West! A total of nine certified candidates are running in the 2022 Richmond Hill mayoral byelection slated on Jan. 24. An all-candidate event was held virtually Dec. 19 by Ontario based, non-profit organization Active Community Engagement (ACE). Eight of the nine candidates took part in the...

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