Becoming a landlord can sometimes feel like stepping into a regulatory minefield. It’s not enough to have a well-situated, well-maintained apartment – your property also has to meet certain building standards and codes. Overlooking these crucial details could mean extensive renovations, losing tenants, or even incurring fines. What regulations do Toronto landlords need to know? …
If you’re a landlord, there will inevitably be times when you’re sitting on an empty unit. You might be in between tenants, preparing for a renovation, pushing the pause button on your rental career – whatever the reason, you need to make sure your property is protected. Homes that aren’t lived in quickly start to …
Property Maintenance for Vacant Units – Tips for Toronto Landlords Read More »
There are two words a landlord never wants to hear together: ‘rent’ and ‘strike’. Unfortunately they’ve been making the news a lot recently as Toronto finds itself in the midst of a flurry of tenant protests, sparked by Above Guideline Rent Increases. Rent strikes occur when a group of tenants coordinates to stop paying rent. …
How Toronto Landlords Should Handle Rent Strikes Read More »
Landlords relying on the Ontario Landlord and Tenant Board (LTB) to solve a dispute are in for a long wait, according to a recent report which shows that the under-pressure tribunal remains in a state of crisis. The report, issued by Ontario’s ombudsman, blasts the LTB for “excruciatingly long delays”, blaming the situation on severe …
Toronto Landlords Could Wait Years for Hearings as LTB Backlog Worsens Read More »
A desperate Toronto landlord is taking a new approach to problem tenants – putting pen to paper to write a desperate note, pleading for them to pay the rent they owed. The note, which was shared with a local news outlet, read: “You are $9,000 behind in rent now. The landlord is on the verge …
Getting Rent Out of Problem Tenants – Tips For Toronto Landlords Read More »
One in seven fire-related deaths in Canada are due to a missing or malfunctioning smoke alarms. And every year more than 50 Canadians die of carbon monoxide poisoning. Incidents of both are more common in the winter months, when people are turning up their heating systems, decorating their homes, and getting together, so now’s the …
Fire Alarms & Carbon Monoxide Detectors in Your Toronto Property Read More »
The holidays are a time to decorate, get together, and celebrate the advent of a new year. They’re also a time to practice good fire safety. Candles, Christmas trees, even the holiday dinner, are all potential fire hazards so it’s a good time of year to share some fire safety tips with your tenants. Holiday …
The delicate relationship between landlord and tenant depends, in large part, on mutual respect. Part of that respect is not barging in on tenants unannounced. Just because landlords own the property, doesn’t mean they can wander in and out, ignoring their tenant’s right to privacy. Not only are these spur-of-the-moment visits rude and unwelcome, they’re …
In the tight Toronto rental market, tempers can get frayed – leading to headline-grabbing stories of nightmare tenants, greedy landlords, and heated disputes. It doesn’t have to be that way. Building a harmonious and mutually beneficial landlord-tenant relationship takes work, but it’s well worth the effort to save both parties considerable stress, time, and expense. …
Toronto Landlords – 4 Ways To Improve Tenant Relations Read More »
There’s a lot that can go wrong in a rental, but heading into winter, a broken or malfunctioning furnace is one of the worst. If your heating fails, you’ll be left with very disgruntled, shivering tenants so it’s best to be proactive. Give your furnace a maintenance check at the start of the season, paying …
Is It Time To Replace The Furnace In Your Rental Property? Read More »
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