Deciphering the New Rent Control Rules in Ontario
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.
MLS Sales Data to be Made Public
Where will consumers go to check how much things have sold for? The Toronto Real Estate Board has begun to make MLS sold data available to its members as per the Competition Tribunal ruling. It has been decided that consumers have a right to access historical sales data despite real estate boards trying to…
Toronto Airbnb Legislation Delayed Until Next August
New Rules have not yet come into effect for short-term rentals in Toronto due to an impending appeal.
How Will Legal Marijuana Use Affect Your Tenancies
On October 17th recreational cannabis use becomes legal in Canada. How will this impact landlords in Ontario?
Landlord’s Fall Maintenance Checklist
As we head into October, it’s time to review if your income property needs any upgrades or fixes before the snow arrives.
Legal Basement Requirements in Toronto
In the City of Toronto, basement apartments are permitted as per a bylaw enacted in 2013.
5 Strategies for Being a Successful Landlord
Being a successful landlord can be a very rewarding and profitable experience. Here are 5 tips to maximize your success.
The New Ontario Standard Residential Lease Agreement
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.
Landlord Fire Prevention Tips & Strategies
If you own a residential income property, fire safety and compliance is critical. Here are some preventative strategies that are recommended
Frenetic Toronto Housing Market Starts to Slow Down
Is the Frenetic Toronto Housing Market finally starting to slow down? Multiple sources over the past few weeks have reported that bidding wars have slowed and traffic at open houses appears to be down across the GTA and Hamilton after the province introduced new measures to cool the red-hot real estate market. Just the news…
Guide to Ontario Non-Resident (Foreign Buyer) Speculation Tax
The following article has been generously provided to me to share by Simon Thang of Thang Tax Law.