How Airbnb May Affect Your Condo
In 2008, Airbnb burst onto the scene. For those looking for a vacation rental, Airbnb is a fantastic resource, but for those who own real estate, it can be a hindrance. In Toronto, the local economy has been pushing housing prices up for years, and now with Airbnb settled nicely into the area, what does that mean for your condo investment?
Airbnb Can Affect Local Rental Rates
According to the most recent studies, Airbnb has indeed influenced rental rates and housing costs alike, if not at slightly different rates. In urban areas especially, the already high-cost to low-supplied rental market has been affected by the increased development of Airbnb units. Now more than ever in the post-rent-controlled market of Toronto, long-term rental rates have risen even further.
How Will Airbnb Affect Your Condo Value In Oakville, Mississauga and Surrounding?Airbnb Can Push Condo Prices Up—Or Down
Depending on what side of the fence you are on, this can be good news. As a condo owner in and around the Toronto area, the value of your condominium may have increased in some areas in response to a lower market supply of smaller spaces. This can be fantastic for someone looking to purchase and lease a condo in this area, or for someone looking to sell their condo.
Location, location, location! If, on the other hand, you have invested in a property that exists in a unit with a higher level of Airbnb activity, the value of your condo may have experienced a decrease. This is due to a variety of reasons related to Airbnb, including increased wear and tear, an increase in strangers and potentially unsavory people in and out of the building, and the rates of the rental space itself.
How Does The Short-Term Rental Market Affect Mississauga Condos?
If you are looking at condos for sale in Mississauga, keep in mind that the current rules permit Airbnb units in all types of primary residence dwellings, meaning that you must live in the condo that you are also renting out to tourists. This is fantastic if you are looking to make an investment out of your condo purchase, especially as this area continues to expand at one of the fastest rates in the GTA.
How Does The Short-Term Rental Market Affect Oakville Condos?
In Oakville, condos for sale and condos on the waterfront are some of the top selling properties in the region, supported by a fantastic local economy and a beautiful location—and tougher regulations on short-term rentals. The municipality of Oakville prioritizes its local community and seeks to protect those that want to live in the area long-term by imposing regulations on companies like Airbnb. So, if you are looking to invest in a condo as your home or to buy and sell, Oakville’s condo market offers great value. Condo prices remain high, which is great for the seller but also great for a buyer hoping to make a future profit.
Using A Real Estate Agent Can Guide You To A Higher-Value Property
Whether you’re looking for condos as an investment or you’re searching for your dream home, hiring a local real estate agent who knows the area will help you make the best investment for your needs. A local firm, like Alex Irish, can guide you to the right areas in Mississauga and Oakville to locate condos of the highest value in neighbourhoods with the most potential. Start looking today!
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August 2025 GTA Real Estate Market Update | Regan Irish
The August 2025 GTA Real Estate Market Update reflects renewed momentum and affordability in Toronto, Oakville, Mississauga, Burlington, and Muskoka. Thanks to steady interest rates and appealing home prices, July proved surprisingly dynamic. Let’s dig into the numbers and what they mean for you.
Interest Rates Remain Stable — Affordability Fueling Activity
In July 2025, the Bank of Canada maintained its key rate at 2.75%, its third consecutive pause. With lower borrowing costs now more accessible, affordability is encouraging a wave of renewed buyer activity.
GTA Market Overview: Sales Surge, Prices Slightly Dip
- Home Sales: 6,100+ transactions region-wide, marking a 10.9% increase YoY and the strongest July since 2021.
- Month-over-Month: Seasonally adjusted sales rose 13% from June to approximately 5,744 units, the biggest monthly gain in nine months.
- New Listings: Up 5.7% YoY, totaling 17,613 new offers.
- Price Trends:
- The MLS® Home Price Index (HPI) Composite Benchmark fell 5.4% YoY.
- The average GTA selling price dropped 5.5% YoY to around $1,051,719.
- Word on the street indicates the HPI drifted slightly lower—about $979,000, down 0.2% from June.
What It Adds Up To: Buyers are back in force—sales are outpacing new listings while prices softened, creating renewed market opportunities.
City Highlights
Toronto
A more balanced landscape—but some segments remain soft. Condos and detached homes see inventory rising; semis are steadier.
Oakville, Mississauga, Burlington & Muskoka
While TRREB doesn’t break down by city in these reports, regional trends suggest:
- Mississauga & Burlington: Strong rise in listings and dipping average prices give buyers leverage.
- Oakville: Stability in demand for luxury keeps discounts modest.
- Muskoka: Continued strong interest in sub-$2M waterfront properties should benefit from broader GTA momentum.
What This Means for You
- For Buyers:
Renewed affordability, rising inventory, and favorable interest rates make August a prime time to move. - For Sellers:
A more balanced market—strategic pricing and quick response will be key to success. - For Investors & Cottage Buyers:
Strong July sales in the GTA point to increasing investor interest; Muskoka remains a high-value lifestyle and investment destination.
Work With the GTA Real Estate Experts
Whether you’re planning to buy a Muskoka cottage, invest in a luxurious Oakville property, or explore options across Toronto, Mississauga, or Burlington, now is the time to act.
Regan Irish & Associates specializes in luxury, resale, and investment properties across the GTA and Muskoka. Our market insight and negotiation skills help you get the best results—whether buying, selling, or investing.
1320 Cornwall Rd Unit 103, Oakville, ON L6J 7W5
905.842.7677
Visit reganirish.com
Let’s make today’s market your opportunity—contact us today!
Ultimate Guide to Downsizing Your Home in Canada
Alex Irish & Associates and The Regan Team Announce Strategic Merger
Two of the most respected names in real estate, Alex Irish & Associates and The Regan Team, are excited to announce a strategic merger that will combine their expertise, resources, and market reach. This partnership of Regan Irish & Associates brings together the strengths of both firms, offering an enhanced real estate experience for clients across Southern Ontario, including expanding into new regions like Collingwood and Muskoka. The merger reflects both brokerages’ long-standing commitment to providing high-quality, relationship-focused service while leveraging new technologies and business strategies to ensure their clients receive unparalleled support.
“Alex is the consummate professional,” said Matthew Regan, CEO of The Regan Team. “She embodies the qualities of a person I would trust with my own home sale, and I am excited to partner with her to combine the best of both our brokerages. Our goal is to create a work culture that allows our agents to thrive, while being confident and equipped to provide the service our clients deserve. Our clients are going to benefit immensely with a wider and deeper net of potential buyers and an even further reach in marketing and advertising.”
Alex Irish, Founder of Alex Irish & Associates, emphasized that this partnership is the next natural step for her business. “By combining our resources and efforts we knew we’d be able to create a better real estate experience for our clients, our agents and business partners.” she explained. “This merger allows me to focus more on client relationships while also mentoring our agents who can continue to offer that same high level of service. Matthew has built a business model that aligns with my long-term vision, allowing us to scale while still maintaining the personal touch. Simply put, we are better together.”
Alex has built her brand over decades, particularly in the Oakville area, where her name is synonymous with excellence in real estate. Her personal approach, based on referrals and repeat business, has earned her a loyal clientele. Matthew has focused on recruiting top agents and scaling his business, growing The Regan Team to one of the top brokerages in Canada. This merger offers an exciting opportunity to grow into new territories. Together, the merged brokerage will have 15 offices spanning from Niagara to Toronto to Muskoka. This expanded presence means more resources for clients, from enhanced marketing capabilities to a wider net of potential buyers.
The merger will officially take effect on October 31, 2024, and the new branding and operations will be rolled out in the coming months.
About Alex Irish & Associates
Alex Irish & Associates, led by Alex Irish, is a highly respected name in Oakville, known for its personalized, referral-based business model and long-standing relationships with clients. Alex has built her brand on trust, excellence, and attention to detail, qualities that will remain at the forefront of the merged firm.
About The Regan Team
The Regan Team has a long-standing reputation for innovation, process-driven operations, and a focus on agent recruitment and development to provide the highest level of service for their clients. Under Matthew’s leadership, the brokerage has expanded its presence across Ontario, providing agents with the tools and support needed to succeed in a competitive market. For more information on this exciting merger, please contact Matthew Regan.