Give Us a Call

647-361-8184

Angela West

Ontario Homeowner Protection Act Introduces Safeguards for Buyers & Homeowners

Ontario Homeowner Protection Act Introduces Safeguards for Buyers & Homeowners   If you’re buying or own property in Ontario, there are new protections coming in the recently tabled Homeowner Protection Act. Both the Ontario Real Estate Association (OREA) and the Toronto Regional Real Estate Board (TRREB) have signaled their approval of the legislation.  While the …

Ontario Homeowner Protection Act Introduces Safeguards for Buyers & Homeowners Read More »

CRA Confirms No Tenant Liability for Foreign-Owned Property Income Taxes 

CRA Confirms No Tenant Liability for Foreign-Owned Property Income Taxes Earlier this year, a case was decided that had tenants trying to find out if they lived in a foreign-owned property or not when the Canada Revenue Agency found a tenant liable for paying withholding taxes that their landlord had not remitted. Recently, the CRA …

CRA Confirms No Tenant Liability for Foreign-Owned Property Income Taxes  Read More »

Toronto Investment Property

Why You Shouldn’t Panic Sell Your Rental Income Property To Avoid Capital Gains

Why You Shouldn’t Panic Sell Your Rental Income Property To Avoid Capital Gains Short-term knee jerk reactions are never great for investments, but it happens all of the time. If the stock market goes down, we want to sell stocks that we should definitely be holding onto. It’s just human nature.  Ever since the 2024 …

Why You Shouldn’t Panic Sell Your Rental Income Property To Avoid Capital Gains Read More »

How Many Toronto Property Owners are Leaving Homes Vacant Due to the Fear of Being a Landlord? 

How Many Toronto Property Owners are Leaving Homes Vacant Due to the Fear of Being a Landlord?  An acquaintance of mine has a condo that she bought before she got married. Instead of selling when she bought a home with her husband, she has rented to various tenants over the years. Recently, she posted on …

How Many Toronto Property Owners are Leaving Homes Vacant Due to the Fear of Being a Landlord?  Read More »

Toront

Your Responsibilities for Repairs as a Toronto Landlord 

Your Responsibilities for Repairs as a Toronto Landlord  Under the Residential Tenancies Act (RTA), landlords are required to keep everything in the property in working order. This usually refers to things such as appliances, carpets, windows, doors, and lighting.  The main dividing line between something a tenant is responsible for versus something a landlord takes …

Your Responsibilities for Repairs as a Toronto Landlord  Read More »

Vet Tenants With Openroom

Crowdsourced Registry Lets Toronto Landlords Vet Tenants

Crowdsourced Registry Lets Toronto Landlords Vet Tenants It involves a lot of paperwork, takes time, and can be stressful. But there’s no way around it – tenant vetting is a daunting, but necessary, part of being a landlord. Letting someone live in your property isn’t without risk, so you need to run through extensive checks …

Crowdsourced Registry Lets Toronto Landlords Vet Tenants Read More »

How Toronto Landlords Can Legally Run a Rooming House

The average rent in Toronto hit a high of $2,832 last year, making it one of Canada’s most expensive cities, and the outlook for 2024 is little better as demand continues to surge in a market that’s grossly undersupplied.  For students and young professionals, it’s almost impossible to get on the property ladder and tough …

How Toronto Landlords Can Legally Run a Rooming House Read More »

What Toronto Landlords Need to Know About ‘Cash For Keys’

Desperate Toronto landlords are increasingly turning to a new strategy to oust reluctant tenants, offering them money to vacate their units. Known as ‘cash for keys’ this tactic is on the rise across the city, according to a recent report.  It’s not hard to see why. Landlords have few options when it comes to clearing …

What Toronto Landlords Need to Know About ‘Cash For Keys’ Read More »

Is Your Toronto Unit Rental Legal?

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? …

Is Your Toronto Unit Rental Legal? Read More »