Residential property Archives - Page 7 of 11

Toronto Property Inheritance: Co-Ownership of an Inherited or Co-Purchased Property

Buyers, Property Inheritance, Real Estate Investments, Residential property, Taxation / By highgate

Co-ownership of a Toronto property between family or friends can often be a rewarding and potentially profitable arrangement. Joint ownership of inherited properties usually comes after the passing of a loved one, leaving family members to go in together on a property without having to single-handedly shoulder the responsibility and financial burdens that come with …

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What to Do If Your Tenant Has Died

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

The unexpected death of a tenant is a situation that no Ontario landlord wants to face, but the reality is that it could happen at any time. It’s important for landlords to understand how to properly deal with the death of a tenant, especially when dealing with the family of the deceased, their property, and …

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How Often Should I Perform Inspections?

Residential property, Toronto Tenant/Landlord Relations / By highgate

Your real estate investments are an important part of your life, and it’s natural to want to keep on top of things through property inspections – knowing when and how to perform inspections on your properties can be a very tricking thing to navigate, especially for first time landlords. There are a number of legal …

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What are Your Rights as a Landlord if Your Tenant Has Been Charged with Criminal Activity?

Home Safety, Residential property, Toronto Tenant/Landlord Relations / By highgate

During your career as an Ontario landlord, there’s a fairly good chance that you’ll encounter a tenant who is charged with criminal activity or jailed while living in your unit. It’s important for landlords to understand their rights and the rights of their tenants, and to approach these situations in a professional manner in order …

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What to Do if Your Toronto Tenant Has Not Paid Their Utilities Bills?

Residential property, Toronto Tenant/Landlord Relations / By highgate

With the long Canadian winter finally over, some Ontario landlords may find that their tenants have not paid their utility bills and may be facing shut off – especially now that spring has arrived and electricity disconnections can once again take place. When dealing with tenants who have not paid their utilities, it’s important to …

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What You Need to Know as a Landlord About Ontario’s New Standard Lease Agreements

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

Starting on April 30, 2018, Ontario landlords have to follow a new standard lease form for all new tenancy agreements. These will be applicable to independent landlords and property management companies throughout the province. The new standard lease form was designed to make lease agreements clearer for all tenants and landlords so that everyone is …

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How to Correctly Perform a “Personal Use” Eviction in Ontario

Residential property, Toronto Tenant/Landlord Relations / By highgate

There are a variety of reasons why a landlord or Toronto property owner may want to perform a “personal use” or “own use” eviction on their tenants, but few people actually know how to perform them correctly. Performing a “personal use” eviction in the incorrect manner, no matter what the actual purpose, can lead to …

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Bad Tenants and the Role of Property Management: A Cautionary Tale

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

Bad tenants are something that every landlord will experience and be forced to deal with at least once during their real estate career – and that’s if they’re lucky. A bad tenant can cost landlords thousands of dollars in missed or late payments or damages, hours of valuable personal and professional time, and many headaches …

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How to Solve Difficult Problems with Toronto Tenants

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

Over the course of your career as a landlord, you’re bound to experience at least one serious problem with a tenant. This may be due to rent or utility payment disputes, noise complaints, pest infestations, or a general lack of respect for your property or other tenants. No matter what the problem happens to be …

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Dip in Real Estate Means Now is the Time to Buy Investment Property

Buyers, Real Estate Investments, Residential property, TREB Market Watch / By highgate

The Toronto Real Estate Board’s recent Market Watch report held some promising revelations for anybody looking to invest in the city’s real estate market. November saw Toronto-area homes continue to fall in price, coming down 8.8% since May of this year. This recent drop is being reported as the most significant price decline in a …

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Residential property

Toronto Property Inheritance: Co-Ownership of an Inherited or Co-Purchased Property

What to Do If Your Tenant Has Died

How Often Should I Perform Inspections?

What are Your Rights as a Landlord if Your Tenant Has Been Charged with Criminal Activity?

What to Do if Your Toronto Tenant Has Not Paid Their Utilities Bills?

What You Need to Know as a Landlord About Ontario’s New Standard Lease Agreements

How to Correctly Perform a “Personal Use” Eviction in Ontario

Bad Tenants and the Role of Property Management: A Cautionary Tale

How to Solve Difficult Problems with Toronto Tenants

Dip in Real Estate Means Now is the Time to Buy Investment Property

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