There is no foolproof method for finding tenants that will ensure your success. In my experience with many landlords, there are a few things that you can do to maximize your chances of making the right decision when it comes to picking new tenants:
The Ontario government recently announced that the allowable increase that landlords can charge their tenants this year is 1.8% of the base rent. Some years have seen larger increases, and some smaller, but this figure seems to be right in line with increases that we have seen over the past few years. Rental increases are…
When your tenants vacate your rental suite that is the ideal time to make changes and improvements so that you could potentially charge more rent to the new tenants. You are allowed to charge whatever the market will bear so you should do everything possible to maximize this income. These maintenance and renovation tips will…
Snow Removal at Tenanted Properties: Whose responsibility is it to shovel the snow: landlord or tenant?
In an effort to deal with the alarming rental shortage, effective immediately Ontario Premier Doug Ford and the PC government has taken away rent controls on all new rental stock.
New Rules have not yet come into effect for short-term rentals in Toronto due to an impending appeal.
On October 17th recreational cannabis use becomes legal in Canada. How will this impact landlords in Ontario?
In the City of Toronto, basement apartments are permitted as per a bylaw enacted in 2013.
The Province of Ontario has released a new standard lease agreement. This new form must be used by all landlords and tenants as of April 30th, 2018.