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How to Make Your Toronto Condo More Attractive to Renters   It’s no secret that condominium units have become harder to rent out, especially in condos where short-term rentals are banned or strictly limited. If you want to attract a long-term renter to a typical one or two bedroom condo in Toronto or the GTA, […]

New Law Holding Landlords Responsible for Criminal Activity Not Cause for Concern   New legislation in Ontario, Bill 10, makes landlords financially liable for criminal activity taking place on their property. This breakdown from a law firm calls out most of the issues with the legislation, including fuzziness around what measures landlords are expected to

What the Toronto Long-Term Renting Trend Means for Landlords According to a recent report by Point2Homes, we’ve reached the highest percentage of tenants in Canada since the 1960’s. The picture in Toronto especially fuels the long-term rental trend. Between the last two government censuses, single-family rentals in Toronto grew by 9,000 units, while multifamily grew

Free Mediation Services in York Region: Worth it for Landlords? York Region has free mediation services for landlords and tenants to make up for some of the backlog at the Landlord and Tenant Board (LTB). On its face, it looks like a great idea to get fast resolutions to problems.  However, landlords should probably still

“Financial Landlords” Making More Money Than Small Landlords: Takeaways for Smaller Landlords   There’s a new buzzword in the media lately: “financial landlords.” These are larger companies which own many properties, and apparently they are outpacing smaller landlords by a long shot in terms of what they are earning. While they are being positioned as

Why and How to Sell Your Property Without Tenants   A recent post on Reddit asked for legal advice about a situation where the property buyer had asked for vacant possession of the property at closing, but the tenant was refusing to leave by certain deadlines.  Unsurprisingly, many of the commenters were landlords and were

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

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

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. While this has been the case for some time, small landlords with under