The battle to flatten the curve and slow the spread of COVID-19 continues all around the world. Canadians have been urged to stay indoors, practice proper hand washing and hygiene standards, and limit their interactions with those who are at-risk of being most affected by the coronavirus. Landlords play an important part in helping to …
If you’ve recently made the decision to hire a property management company, it’s a good idea to sit down and draw up a list of questions you want to ask them before you pull the trigger. Property management companies handle a wide range of different tasks in a variety of different ways, so you’ll want …
11 Important Questions to Ask Your Toronto Property Management Company Read More »
The federal government recently announced big changes to the mortgage stress test. The stress test was originally put in place back in January 2018, ensuring that borrowers would be able to sufficiently pay for their mortgage in the event that mortgage rates moved higher. The controversial mortgage stress test was criticized for being too harsh …
What the Revamped Mortgage Stress Test Means for Toronto Homebuyers Read More »
Domestic abuse is an extremely difficult subject to tackle, but it’s a situation that landlords may find themselves in the middle of at some point during their career. A number of years ago, the Residential Tenancies Act (RTA) was changed in order to better accommodate victims of domestic or sexual abuse, making the process easier …
How Much Notice Do Tenants Who Have Experienced Domestic Abuse Have to Give? Read More »
Roommate arrangements can be a blessing for many Toronto tenants, splitting the burden of paying the rent and utilities between two or more people. It’s most common for young people to live with roommates, especially during college and the early days of entering the workforce. These relationships often work out perfectly well without any interference …
Tenants come and go – some will last years and others move out unexpectedly or have to be evicted. There are many scenarios where a landlord will discover that the tenant has left behind their personal property within the unit, creating a confusing situation for the landlord. Your course of action depends on how and …
What Happens to a Tenant’s Personal Property After They Move Out? Read More »
No property is immune to the possibility of damaging water leaks, though there are many things that landlords and tenants can do to protect their property from leaks. Water leaks can be caused by seemingly innocuous activities like disposing food waste or cooking oil in your kitchen sink, causing the drain to back up. While …
Your tenant has moved out and you’re getting prepared to host a new one. Before you get the lease agreement signed, there’s one major thing you need to do – clean the property. Cleaning between tenants is one of the best ways to market your newly available property, because a pristine looking unit is going …
Keeping Your Toronto Rental Property Clean Between Tenants Read More »
Pest infestations are the stuff nightmares of made of, especially when those pests are bed bugs. Bed bugs can greatly impair the daily lives of those that are lucky enough to host an infestation, affecting sleep quality, causing pain, discomfort, and reactions with their bites, and triggering embarrassment associated with the social stigma of being …
Are Toronto Landlords Responsible for Dealing With Bed Bugs? Read More »
Discrimination while choosing prospective tenants and dealing with current ones is something that Toronto landlords need to be extremely careful about. Being found to have committed an act of discrimination, whether directly or indirectly, can put an end to your career as a landlord. Ontario’s Human Rights Code clearly outlines what is considered to be …
What Toronto Landlords Need to Know About Discrimination Read More »
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