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Ontario Homeowner Protection Act Introduces Safeguards for Buyers & Homeowners   If you’re buying or own property in Ontario, there are new protections coming in the recently tabled Homeowner Protection Act. Both the Ontario Real Estate Association (OREA) and the Toronto Regional Real Estate Board (TRREB) have signaled their approval of the legislation.  While the …

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Why You Shouldn’t Panic Sell Your Rental Income Property To Avoid Capital Gains Short-term knee jerk reactions are never great for investments, but it happens all of the time. If the stock market goes down, we want to sell stocks that we should definitely be holding onto. It’s just human nature.  Ever since the 2024 …

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How Many Toronto Property Owners are Leaving Homes Vacant Due to the Fear of Being a Landlord?  An acquaintance of mine has a condo that she bought before she got married. Instead of selling when she bought a home with her husband, she has rented to various tenants over the years. Recently, she posted on …

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Your Responsibilities for Repairs as a Toronto Landlord  Under the Residential Tenancies Act (RTA), landlords are required to keep everything in the property in working order. This usually refers to things such as appliances, carpets, windows, doors, and lighting.  The main dividing line between something a tenant is responsible for versus something a landlord takes …

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Crowdsourced Registry Lets Toronto Landlords Vet Tenants It involves a lot of paperwork, takes time, and can be stressful. But there’s no way around it – tenant vetting is a daunting, but necessary, part of being a landlord. Letting someone live in your property isn’t without risk, so you need to run through extensive checks …

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Despite a recent funding boost, The Landlord and Tenant Board of Ontario (LTB) is still struggling to clear its pandemic backlog and Toronto landlords are growing increasingly frustrated at the resulting chaos. The LTB closed to in-person hearings in Spring 2020 and was shuttered for 5 months, giving rise to a lengthy queue of complaints …

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