With real estate prices being out of reach of even well-salaried Torontonians, we’re at the start of the era of long-term renting. This makes it extra important to vet tenants properly, make sure your prices are set right initially, and all of your legal obligations as a landlord are met in terms of the upkeep …
4 Tips to Prepare Your Toronto Rental Property for “Forever Renters” Read More »
Our newest property listing is a four bedroom detached home perfect for family living in Pickering. 661 Eramosa Crescent is a detached family home conveniently located close to the 401 for an easy commute. It features an open concept design with blend of plush broadloom, ceramic flooring, and hardwood flooring. Ample windows provide excellent exposure …
Life gets busy. Sometimes you just aren’t able to get up to your cottage as much as you would like. And then there is the off-season – you have a property that is sitting there being completely unused. You could rent out the cottage for a week or a weekend at a time and have …
Renting Out Your Ontario Cottage: The Pros and Cons Read More »
Many people who own one or two GTA or Toronto rental properties try to “go it alone” when it comes to managing their properties. This can be for various reasons – they think they’re saving money, they think they can handle the duties of property management, or they think that property management companies only handle …
Toronto Property Managers: The One-Property Landlord’s Friend Read More »
Shortly after the Ontario government introduced legislation designed to curb foreign real estate buyers and real estate speculation, the Toronto Real Estate Board undertook a data analysis exercise to understand just how many foreign buyers there are in Toronto and the GTA, and just how much real estate speculation is really going on in this …
Toronto Real Estate Board Data Reveals Foreign Buyers, Speculation Low Read More »
The Ontario government recently introduced the Fair Housing Plan, which includes sweeping legislation for the real estate market – most of which will have an impact on landlords in Ontario. One of the measures was the Non-Resident Speculation Tax (NRST) of 15%, which is meant to curb speculation by foreign investors in southern Ontario. …
The New Ontario Foreign Buyer’s Tax: What You Need to Know Read More »
The first quarter of 2017 has started off on a strong note in the Toronto and GTA real estate market. According to the Toronto Real Estate Board (TREB), both sales activity and average prices have both risen from its 2016 numbers. Despite a rise in sales, supply problems continue to plague Toronto and the GTA. …
Massive First Quarter in Toronto and GTA Housing Market: TREB Read More »
If you are a landlord in Ontario, you technically cannot put a “no pets” clause in a lease or rental contract under the Ontario Residential Tenancies Act. Thankfully, most tenants are responsible pet owners, and this is usually not an issue. However, if you are set against the idea of animals on your rental property, …
Renting to Tenants With Pets in Toronto and the GTA Read More »
Ensuring that your property is accessible for the disabled adds an extra layer of appeal for marketing. An accessible apartment isn’t only attractive for those with a disability that prevents mobility, but for a growing population of seniors in Toronto as well. In addition, under the law, you must provide accessible housing to tenants who …
Outfitting Your Toronto Rental Property for Disability Accessibility Read More »
An economist at BMO Capital Markets recently said that the real estate market in Toronto and surrounding areas is a bubble market. And while rising prices and dwindling supply have been a fact of life in the Toronto real estate market for the past couple of years, it has to be argued that we’re not …
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