Toronto rents are expected to rise next year as the province’s rent freeze, introduced at the height of the pandemic, comes to an end. But if landlords want to take advantage early in the new year, they’ll have to act quickly. Introduced in October 2020, the freeze expires on December 31st, giving landlords the opportunity …
Toronto Rents Set to Rise as Pandemic Freeze Expires Read More »
Being a landlord can be a very rewarding experience and offers a great alternative source of income to real estate investors. Unfortunately, too few realize exactly what their rights and responsibilities are as an Ontario landlord, and as a result, sometimes make a mess of complicated or emotionally charged situations. In order to get the …
It’s been a year of shake-ups for GTA and Toronto real estate, and there’s one more on the horizon for landlords in the province – amendments to the Residential Tenancies Act. The changes, which take effect September 2021, are good news for small landlords and other rental property owners who will now find it …
While it may be too early to call the COVID-19 pandemic over, most experts agree that we’ve seen the worst of it here in Ontario. After being locked down for much of the winter and spring seasons, things have been returning to “normal” more and more with the arrival of the province’s reopening stages – …
When is it Time to Remove Pandemic Concessions from Renters? Read More »
A question we often hear from first-time landlords is “should I require my renters to have tenant insurance?” If you can write it into your lease, yes. Tenant insurance is an affordable way to ensure that your renters are covered in the event that something happens to their personal belongings and protects them from personal …
Should Toronto Landlords Require Tenant Insurance for Renters? Read More »
Tribunals Ontario, made up of 14 adjudicative tribunals including the Landlord and Tenant Board, and which has been hosting eviction hearings online throughout the COVID-19 pandemic, has recently applauded the Government of Ontario’s Justice Accelerated strategy. This is a plan which aims to improve access to the provincial justice system. The strategy allows for the …
Landlord and Tenant Board Plans to Move Disputes Online Permanently Read More »
The last year has seen a rather unique situation in the Toronto real estate market – tenants were seeing a decrease in rent prices brought on by the COVID-19 pandemic. The trend, which was brought on by a surplus of short-term rental properties suddenly being offered to long-term renters, has since started to rebound, but …
Negotiating with Tenants Who Want a Rent Decrease Read More »
While landlords everywhere have always been seen as “villains” in the eyes of some tenants, the playing field has only worsened for landlords since the beginning of the COVID-19 pandemic. The last year has seen a massive surge in demand for real estate and rentals, causing some of these extreme feelings towards landlords to intensify, …
The government has frozen rent increases, and is treating landlords differently from other small businesses during the pandemic. Why are landlords always taking the hits? Jon Maloney explores why. Please like, subscribe and like Jon Maloney’s new video at: https://www.youtube.com/watch?v=IRMpKbK6CAE&feature=youtu.be.
In our latest video blog, HighGate CEO Jonathan Maloney discusses how to go about evicting a bad tenant in Toronto, breaking it down step-by-step to ensure that you go about it correctly (and legally). Also covered are the circumstances in which you can evict a tenant, other ways in which you can have a tenant …
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