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 »
House sales across the GTA may be dropping but prices are staying flat, according to the Toronto Regional Real Estate Board’s (TRREB) latest forecast which indicates that affordability remains an ongoing challenge in the market. There were 5,627 home sales in Toronto this August – a 34.2% drop since the same period last year. Prices, …
Latest TRREB – Sales Dive But Prices Remain Mostly The Same Read More »
The shortage of student housing in Toronto has generated some interesting ideas from creative landlords. One in particular made the news recently for converting their Scarborough bungalow into a makeshift student dorm where renters share private bedrooms, the kitchen, and the bathroom. It might be similar to the situation in a university-run residence, and cash-strapped …
Shared Rooms – Too Far Or The Future Of Student Rentals? Read More »
After two years of record-setting property prices, Ontario’s real estate is again hitting new highs. This time, it’s the rental market – the cost of renting a condo in the GTA is soaring, according to the Toronto Region Real Estate Board (TRREB) which says average rents for one-bedroom and two-bedroom apartments have now surpassed their …
Being a landlord is a big responsibility, but, when it comes to repairs, it’s hard to know exactly where that responsibility starts and ends. While a leaky pipe is a potential plumbing nightmare, what about minor scratches on the furniture or a blown-out bulb – are these things landlords should be worrying about or are …
Peeling paint? Cracked Cabinets? What Exactly Do Toronto Landlords Have To Repair? Read More »
Whether you’re a new landlord, or you’ve been renting property for decades, you know that managing tenants isn’t easy. That’s why most GTA landlords outsource the job – hiring property managers or real estate brokers to oversee their properties on their behalf. Many landlords, especially those new to the market or with multiple properties, choose …
Why Landlords Need Property Managers, Not Real Estate Brokers Read More »
Next year, Ontario landlords will be able to substantially hike rents as the market continues to recover from the pandemic rent freeze while battling rising inflation.
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