Navigating Tax and Market Trends in 2025 As a GTA or Toronto Landlord Being a landlord – or even a homeowner – in 2025 is daunting. We’re all concerned about the economy, elections, market forces, and how all of this will affect our business. Luckily, there are still a few perks left that we can …
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The Right Insurance for Ontario Landlords If you are a new Ontario landlord, or even an older one, it’s a good idea to evaluate the insurance that you have for your rental properties. While it’s no secret that insurance for landlords is different from “regular” home insurance, there are some coverages that you may …
Toronto Landlords: How to Manage and Repair Heating in Your Rental Property Maintaining the heat in your rental property is critical. If your property is in the City of Toronto, bylaw requires that you keep the heat at a minimum temperature of 21 degrees Celsius from September 15 to June 1. For the rest …
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Ideal Holiday Gifts For Toronto Landlords to Buy For Tenants The holidays are just around the corner. Whether your tenants celebrate Christmas, Hanukkah, or nothing in December, it is always nice to get them a small gift around this time – especially if they are good tenants. Generally, you’re looking at a budget of …
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How to Accept Payments from Tenants With Rise in Digital Fraud Accepting payments from tenants used to be easy – you got twelve post-dated cheques for the year and just deposited them with your bank. While you can still do this if the tenant agrees, the Residential Tenancies Act says that you can’t require …
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Windsor Landlord Is Out $28K in Rent: Does the RTA Need to be Overhauled? Recently, a Windsor landlord was left holding the bag for over $28,000 in rent arrears. He applied for an eviction with the Landlord and Tenant Board (LTB) and it was granted. Then, at the last minute, the tenants won an …
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Fraudulent Rental Applications On The Rise in Toronto: What Landlords Can Do About It Over 90 out of 175 rental applications were denied over a six-month period by a Toronto property management firm for being fraudulent. The applications contained falsified pay stubs, fake credit reports, invalid ID, and more. The problem has become endemic …
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New Federal Program Allows Homeowners to Tap Up to 90% of Equity to Create Apartments in Single-Family Homes The federal government has recently announced plans to launch various measures to address the issue of housing supply. These include the Canada Secondary Suite Loan Program and levying additional taxes on vacant lands. Both measures are …
Doug Ford Signaling Upcoming Landlord and Tenant Board Overhaul Doug Ford recently revealed that he is in talks with his Attorney General* to overhaul the Landlord and Tenant Board (LTB) to assist small Ontario landlords with matters that can be easily resolved such as unpaid rents. “What we’re trying to do is to expedite …
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The Toronto Regulations You Need to Know For Multi-Tenant Rooming Houses If you are considering converting your property into a multi-tenant rooming house, there are additional regulations you must follow from the City of Toronto over and above your obligations under the Residential Tenancies Act. These went into effect in March 2024. While it is …
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