Ontario Rent Deposits Explained: What to Charge and Refund According to the Ontario Residential Tenancies Act, landlords are allowed to charge a rent deposit in the amount of one month’s rent if the tenant pays month to month, or one week’s rent if they pay each week. This deposit can be used for the …
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Spring Property Maintenance for Landlords Snow can hide a lot of issues. No matter the size of your property, you’ll want to give it a spring once-over to make sure everything is in good working order. Your first step is to work out a time with your tenant to come in and do your …
Why You Need to File With the Landlord and Tenant Board For a Dispute This will seem obvious to landlords who have been managing tenants for a long time, but new landlords may not know that you have to file with the Landlord and Tenant Board (LTB) to solve important disputes with tenants. This …
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LTB: Corporations Can No Longer Issue N12 Evictions for Personal Use In a landmark case, Ontario’s Landlord and Tenant Board (LTB) has ruled that a property owned by a corporation cannot issue an N12 eviction for personal use of the property. This is a troubling decision considering that even small landlords typically have set …
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Navigating Tenant Abandonment in Ontario: A Landlord’s Guide Abandonment of a rental unit in Ontario can leave landlords in a serious bind. It can lead to financial losses and legal complications, but landlords have recourse. By understanding the necessary steps and acting accordingly, they can mitigate damages and protect their interests. Determining Abandonment: More …
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Navigating Tax and Market Trends in 2025 As a GTA or Toronto Landlord Being a landlord – or even a homeowner – in 2025 is daunting. We’re all concerned about the economy, elections, market forces, and how all of this will affect our business. Luckily, there are still a few perks left that we can …
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The Right Insurance for Ontario Landlords If you are a new Ontario landlord, or even an older one, it’s a good idea to evaluate the insurance that you have for your rental properties. While it’s no secret that insurance for landlords is different from “regular” home insurance, there are some coverages that you may …
Toronto Landlords: How to Manage and Repair Heating in Your Rental Property Maintaining the heat in your rental property is critical. If your property is in the City of Toronto, bylaw requires that you keep the heat at a minimum temperature of 21 degrees Celsius from September 15 to June 1. For the rest …
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Ideal Holiday Gifts For Toronto Landlords to Buy For Tenants The holidays are just around the corner. Whether your tenants celebrate Christmas, Hanukkah, or nothing in December, it is always nice to get them a small gift around this time – especially if they are good tenants. Generally, you’re looking at a budget of …
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How to Accept Payments from Tenants With Rise in Digital Fraud Accepting payments from tenants used to be easy – you got twelve post-dated cheques for the year and just deposited them with your bank. While you can still do this if the tenant agrees, the Residential Tenancies Act says that you can’t require …
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