Residential property Archives - Page 2 of 11

Shared Rooms – Too Far Or The Future Of Student Rentals?

Leave a Comment / Rental Market, Residential property, Toronto Tenant/Landlord Relations / By Angela West

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 …

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Why Landlords Need Property Managers, Not Real Estate Brokers

Leave a Comment / property management, Real Estate Investments, Residential property, Toronto property management company / By Angela West

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 …

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Confused whether to purchase a house or not

Waiting to Invest in a Rental Property? Now’s The Perfect Time To Buy

Real Estate Investments, Residential property / By highgate

With all the recent shocks and surges of Toronto’s real estate market, it’s no wonder cautious investors have been sitting on the sidelines, waiting to make their move. As property peaked to record prices across the GTA, prospective landlords found themselves rethinking their investments, at least until the market cooled. And now it has. The …

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Toronto Landlords Need Property Managers Now More Than Ever

Real Estate Investments, Rental Market, Residential property, Toronto Tenant/Landlord Relations / By highgate

Toronto landlords have had a difficult few years. Delays at the Landlord and Tenant Board (LTB), pandemic rent freezes, problematic tenants – it’s easy to see why many across the GTA are struggling to manage their investments. Some have even been forced to abandon their properties as they wait for their eviction notices to clear …

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Government Moves to Clear LTB Backlog

Rental Market, Residential property, Toronto Tenant/Landlord Relations / By highgate

The Ontario government will invest $19 million over the next three years in an attempt to clear the backlog at the province’s Landlord and Tenant Board (LTB), which is still struggling to resolve disputes after its pandemic shutdown. The LTB closed for five months in 2020 and began moving hearings online as lockdowns barred access …

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With Real Estate Rocketing, Is Being a Landlord Worth It?

Real Estate Investments, Residential property / By highgate

Home sales soared to unprecedented highs last year amid the real estate boom. A year on, GTA properties may have come down slightly from those dizzying heights, but the Toronto real estate market remains one of the hottest on record. February 2022 home sales were the second-highest in history, according to figures from the Toronto …

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Common Toronto Landlord Mistakes And How to Avoid Them

Home Safety, Rental Market, Residential property / By highgate

Every so often, a real estate horror story hits the news. Tenants who damage property, unpaid rent, late payments, unacceptable behavior – being a landlord in the GTA isn’t always easy. Take the case of one Toronto property owner, who rented her North York home to a young family last year. Shortly after moving in, …

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Buying a Tenanted Property? Here’s What You Need to Know

Residential property / By highgate

What Landlords Need to Know About Buying a Tenanted Property In the competitive Toronto real estate market, properties are in high demand but short supply, putting pressure on investors to move quickly to secure a sale. But if you’re buying a tenanted property, there’s a lot to consider before diving in, especially for first-time landlords. …

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Toronto’s Hot Rental Market is Good News for Landlords

Real Estate Investments, Rental Market, Residential property, Toronto Tenant/Landlord Relations / By highgate

Emerging from almost two years of pandemic policies, the GTA rental market is in flux. Last year’s rent freeze kept prices stable but rents are now trending up, spiking as Toronto landlords try to recoup their losses. Rising rents, in combination with declining inventory, are making the market even more competitive – providing plenty of …

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What Toronto Landlords Need to Know About Renovictions

Home Improvement & Reno, Residential property, Toronto Tenant/Landlord Relations / By highgate

After a tough year of rent freezes, inflated real estate prices, and economic headwinds, landlords in the GTA are looking to the future. This time of year, when spring is on the horizon and the new year signals a new start, many Toronto property owners are looking to spruce up their investments and finally …

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