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Ontario Landlords: Be Prepared for Delays and Disputes If You Need to File an Own-Use Eviction

Ontario Landlords: Be Prepared for Delays and Disputes If You Need to File an Own-Use Eviction With interest rates rising and changing financial circumstances, many landlords are looking to move into their own rental properties. Even if they aren’t experiencing hardship, they may have a family member who is, and they want to help them …

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What Happens After a Successful Landlord and Tenant Board Eviction Hearing?

What Happens After a Successful Landlord and Tenant Board Eviction Hearing?   In some circumstances, you may have to have a tenant evicted due to non-payment of rent, excessive damages, illegal activities in the unit, or any other reason. Typically, evictions happen for non-payment of rent. It is reasonable to accept that an evicted tenant …

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Toronto Landlords and Their Obligations to Provide Air Conditioning in 2024

Toronto Landlords and Their Obligations to Provide Air Conditioning in 2024   The current laws are very clear about what landlords’ obligations are – if air conditioning was present in the unit prior to the tenant moving in, it must be kept in good working order and keep the unit at a temperature under 26 …

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Ontario Homeowner Protection Act Introduces Safeguards for Buyers & Homeowners

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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Toronto Investment Property

Why You Shouldn’t Panic Sell Your Rental Income Property To Avoid Capital Gains

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? 

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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Toront

Your Responsibilities for Repairs as a Toronto Landlord 

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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Vet Tenants With Openroom

Crowdsourced Registry Lets Toronto Landlords Vet Tenants

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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