Imagine browsing AirBnb and coming across your own apartment. This was the shocking reality for one Toronto landlord who discovered that her condo unit was being sublet without her knowledge on the popular booking site. The landlord reached out to her tenant who initially claimed she had no idea but later told CBC Toronto that …
How Toronto Landlords Can Protect Themselves Against Illegal Sublets Read More »
Summer is a great time to be in Toronto. Sunny patios, lazy days in the park, and outdoor festivals all make this the perfect city season but landlords can’t relax just yet. There’s still work to be done in prepping your property for the warmer months so your tenants can enjoy their space without worrying …
Summer in The City – Getting Your Rental Ready For The Warmer Months Read More »
As Canada’s largest city, Toronto is no stranger to change. The city’s neighbourhoods are now set for another shake-up following a recent council decision to amend Toronto’s planning laws. Multiplexes of up to four units will soon be allowed in every area of the city as Toronto struggles to meet soaring demand for housing. “We …
Multiplexes Will Soon be Legal in Toronto – Should You do it? Read More »
Last month, the Ontario government announced several sweeping proposed changes to “make life easier, stabler, and more predictable for tenants and landlords alike”. More funding for the beleaguered Landlord and Tenant Board (LTB), more protections for tenants, and more fines for penalties – the changes are heavily weighted in favor of protecting tenant rights as …
Ontario is Looking to Strengthen Tenant Rights – What Toronto Landlords Need to Know Read More »
Not all landlords are good to their tenants, and disgruntled renters are now taking to the web to call them out. A newly launched website is inviting tenants to air their grievances about their landlords and the platform has already attracted over 1,500 reviews. The Rate The Landlord website was created to name and shame …
A New Website Allows Tenants to Rate Landlords – Here’s How to Guarantee a Good Review Read More »
After several lackluster months it appears buyers are coming back to the GTA housing market, leading to an uptick in prices as competition heats up. While both sales and prices are down from the same period last year, the average selling price of a home in the GTA rose slightly to hit $1,108,606 in March, …
Buyers Are Back – Latest TRREB Report Shows Upswing in Toronto Real Estate 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 »
Given the recent volatility of Toronto’s real estate market many would-be property investors have been biding their time, waiting for prices to slump. Last month, they got their wish. The February report from the Toronto Regional Real Estate Board (TRREB) shows a big drop in average home prices across the GTA as the market corrects …
Looking to Invest in Toronto Real Estate? Now’s The Time to Buy Read More »
Problem tenants aren’t just a nuisance, they’re also a liability. One Toronto landlord found that out the hard way last month when a tribunal handed them a large fine for not reigning in their troubled tenant. The tenant in question had multiple complaints made against them from both neighbours and security staff – claiming they …
Toronto Condo Owner Responsible for Tenant Damage Read More »
Homeowners in Toronto have until the end of the month to declare if their property is occupied. After that, anyone sitting on a vacant unit will face a hefty fine as the city cracks down on absent investors. The annual Vacant Home Tax, set at 1% of the property’s current value, will be levied on …
Escape the Vacant Home Tax by Becoming a Toronto Landlord Read More »
Subscribe for the latest news and updates!
Made by Mojo Media
647-361-8184
