If you’re a landlord, there will inevitably be times when you’re sitting on an empty unit. You might be in between tenants, preparing for a renovation, pushing the pause button on your rental career – whatever the reason, you need to make sure your property is protected. Homes that aren’t lived in quickly start to …
Property Maintenance for Vacant Units – Tips for Toronto Landlords Read More »
There are two words a landlord never wants to hear together: ‘rent’ and ‘strike’. Unfortunately they’ve been making the news a lot recently as Toronto finds itself in the midst of a flurry of tenant protests, sparked by Above Guideline Rent Increases. Rent strikes occur when a group of tenants coordinates to stop paying rent. …
How Toronto Landlords Should Handle Rent Strikes Read More »
Landlords relying on the Ontario Landlord and Tenant Board (LTB) to solve a dispute are in for a long wait, according to a recent report which shows that the under-pressure tribunal remains in a state of crisis. The report, issued by Ontario’s ombudsman, blasts the LTB for “excruciatingly long delays”, blaming the situation on severe …
Toronto Landlords Could Wait Years for Hearings as LTB Backlog Worsens Read More »
Imagine browsing AirBnb and coming across your own apartment. This was the shocking reality for one Toronto landlord who discovered that her condo unit was being sublet without her knowledge on the popular booking site. The landlord reached out to her tenant who initially claimed she had no idea but later told CBC Toronto that …
How Toronto Landlords Can Protect Themselves Against Illegal Sublets Read More »
As Canada’s largest city, Toronto is no stranger to change. The city’s neighbourhoods are now set for another shake-up following a recent council decision to amend Toronto’s planning laws. Multiplexes of up to four units will soon be allowed in every area of the city as Toronto struggles to meet soaring demand for housing. “We …
Multiplexes Will Soon be Legal in Toronto – Should You do it? Read More »
Last month, the Ontario government announced several sweeping proposed changes to “make life easier, stabler, and more predictable for tenants and landlords alike”. More funding for the beleaguered Landlord and Tenant Board (LTB), more protections for tenants, and more fines for penalties – the changes are heavily weighted in favor of protecting tenant rights as …
Ontario is Looking to Strengthen Tenant Rights – What Toronto Landlords Need to Know Read More »
Not all landlords are good to their tenants, and disgruntled renters are now taking to the web to call them out. A newly launched website is inviting tenants to air their grievances about their landlords and the platform has already attracted over 1,500 reviews. The Rate The Landlord website was created to name and shame …
A New Website Allows Tenants to Rate Landlords – Here’s How to Guarantee a Good Review Read More »
A desperate Toronto landlord is taking a new approach to problem tenants – putting pen to paper to write a desperate note, pleading for them to pay the rent they owed. The note, which was shared with a local news outlet, read: “You are $9,000 behind in rent now. The landlord is on the verge …
Getting Rent Out of Problem Tenants – Tips For Toronto Landlords Read More »
Given the recent volatility of Toronto’s real estate market many would-be property investors have been biding their time, waiting for prices to slump. Last month, they got their wish. The February report from the Toronto Regional Real Estate Board (TRREB) shows a big drop in average home prices across the GTA as the market corrects …
Looking to Invest in Toronto Real Estate? Now’s The Time to Buy Read More »
Problem tenants aren’t just a nuisance, they’re also a liability. One Toronto landlord found that out the hard way last month when a tribunal handed them a large fine for not reigning in their troubled tenant. The tenant in question had multiple complaints made against them from both neighbours and security staff – claiming they …
Toronto Condo Owner Responsible for Tenant Damage Read More »
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