Finding renters in Toronto is not hard with skyrocketing real estate prices and recent measures which make it harder for first-time homebuyers to enter the real estate market. Where it gets competitive is finding good tenants with great credit scores. The latest Pew Research Center data on social media demographics show Facebook is the breakout …
Toronto and surrounding areas, particularly North York, have a strong market for renting to students. Residences at universities and colleges are much more expensive than renting a room in a house with other students, particularly at institutions where students are required to purchase meal plans in residence.
Regular homeowners insurance does not cover rented property. To have proper insurance on your rental property, you need to purchase a product tailored to your specific needs. There are additional concerns for liability, property damage and other risks when renting a property. While your insurance broker can help you find the right product for your …
There are a number of websites, software-as-a-service solutions, and apps out there that can be very handy for landlords. But we all know the frustrating feeling when we read about something really cool and find out that we can’t use it because we’re Canadian. We’ve curated a list of tech tools that Canadian landlords …
New rules on mortgages were just introduced by the federal government October 17th to make sure that new homebuyers are not taking on more debt than they can afford with a potential rise in interest rates.
Being a landlord won’t make you rich, but if managed properly as a business venture, it can certainly make you money. Anyone spreading the idea of rental properties as a get-rich-quick scheme is selling exactly that: a scheme. Owning Ontario rental properties offers a solid long-term return in slow building of equity in a property. …
If you are considering hiring a Toronto property management company, you may not be sure exactly what such a company does. The responsibilities of a property manager can provide property owners with a number of benefits.
Ending a Tenancy as a Landlord in Ontario In Ontario, tenancies usually last a year, however, if the lease has ended and the tenant has not given you notice, the tenancy will automatically renew on a month-to-month basis. Legally, a tenant must give at least 60 days notice that he/she will be ending their tenancy. …
Giving Tenants Notice to Vacate in Ontario — The More Notice, the Better Read More »
Are you Retirement Ready? Find Security with Toronto Real Estate Investment When you think about your retirement, what are your primary considerations? We all want to live our golden years in comfort, so many would immediately think about money. Now think further into your retirement—after 10 or 15 years of your pension or RIF cheque …
Funding Your Retirement through Real Estate Investment Read More »
Toronto Millennials are poised to take over the rental market. Are you ready for them? Millennials: We’ve heard this term thrown around a lot lately, but who exactly are they and what role does Generation Y play in the real estate market? You don’t need to have an inside scoop to know that Toronto and …
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