In the tight Toronto rental market, tempers can get frayed – leading to headline-grabbing stories of nightmare tenants, greedy landlords, and heated disputes. It doesn’t have to be that way. Building a harmonious and mutually beneficial landlord-tenant relationship takes work, but it’s well worth the effort to save both parties considerable stress, time, and expense. …
Toronto Landlords – 4 Ways To Improve Tenant Relations Read More »
There’s a lot that can go wrong in a rental, but heading into winter, a broken or malfunctioning furnace is one of the worst. If your heating fails, you’ll be left with very disgruntled, shivering tenants so it’s best to be proactive. Give your furnace a maintenance check at the start of the season, paying …
Is It Time To Replace The Furnace In Your Rental Property? Read More »
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 …
Shared Rooms – Too Far Or The Future Of Student Rentals? Read More »
In a perfect world, Toronto landlords would come by to collect their keys from vacating renters and find their apartments spotless. In reality, tenants leave behind all kinds of mess – food forgotten in the fridge, traces of paint on the walls, mystifying stains on the carpet. Human nature being what it is, we’re rarely …
Do Tenants Have To Clean Up Before They Move Out? Read More »
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 …
Toronto Landlords Need Property Managers Now More Than Ever Read More »
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 …
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 …
Toronto’s Hot Rental Market is Good News for Landlords Read More »
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 …
What Toronto Landlords Need to Know About Renovictions Read More »
After a year of pandemic uncertainty and economic woes, landlords in Toronto and the GTA are finally able to raise rents. But what if you want to go beyond the 1.2% threshold set out by the Landlord and Tenant Board (LTB)? Seeking an above guideline rent increase requires LTB approval, and there are a number …
How To Apply For An Above Guideline Rent Increase in Ontario: Landlords Read More »
After what turned out to be quite a turbulent year, the holidays are finally here to relieve some of the stress we’ve all built up over these last 12 months. With the holidays well and truly here, it’s time for Ontario landlords to prepare for this busy season by setting up tenants for a successful …
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