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Image shows a foreclosed home which the lender can sell for far below market value in the U.S., but not in Canada.

U.S.-Style Deals For Distressed Rentals Are Unlikely

May 6, 2020 0

Depending how the COVID-19 pandemic pans out, there are likely to be many short-term rental properties up for sale, but U.S.-style deals for distressed rentals are unlikely here in Canada. If a property owner is […]

The chart shows that demand for short-term rentals in Prince Edward County started much higher than 2019 but declined in February, potentially reflecting the early impact of COVIF-19.

COVID-19 & Short-Term Rentals

March 20, 2020 0

UPDATE (April 23rd) The daily number of bookings for STA’s in the County during the third week of April is down 85% compared to the daily number during the preceding three weeks. The short-term rental […]

Image shows zoning in the hamlet of Bloomfield, Prince Edward County

How Planning & Zoning Work

February 27, 2020 0

If you’re like most people, land use planning is somewhat of a mystery, so the purpose of this article is to explain how planning and zoning work. Provincial Policy Statement Planning in Ontario is based […]

Infographic shows the location of all proposed developments and the mix of types of housing.

Special Report: The Changing Face of County Real Estate

October 23, 2019 0

UPDATE: On January 7th, 2020, County staff published a report which identified several additional developments not covered in this report. Two of the developments under consideration would add another 1,000 dwelling units in Picton. Introduction […]

Moving To Prince Edward County

October 8, 2019 Comments Off

If you live in a big city and you’re considering moving to Prince Edward County, there are some things you need to know about rural real estate which you won’t encounter in an urban area. […]

You’re Better Off With Local Financing

October 7, 2019 Comments Off

If you’re looking to buy property in Prince Edward County and you’re come from another area such as the GTA, you may be tempted to turn to your banker or mortgage broker there to get […]