How to choose the right tenant for your rental property
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 … Read More
Toronto Vacancy Rate at an All-time Low
It has been very challenging for renters in Toronto to find places to live over the first six months of this year. Some are saying that the vacancy rate is at an all-time low. Experts suggest that the current rate … Read More
John Tory’s Plan for More Affordable Housing
Toronto mayor John Tory is looking to combat the housing shortage in Toronto. His three-point plan is being implemented to try and create 40,000 new social housing units over the next twelve years. The plan unveiled is as follows: First, … Read More
Changes Coming to The Ontario Real Estate Act
CEO of the Ontario Real Estate Association, Tim Hudak, introduces a new program to modernize the current real estate act. (REBBA)… Read More
Paul’s Ten Tips for Buying an Income Property in Toronto
During 20+ years in Real Estate Paul has worked with hundreds of clients to buy, sell and lease duplexes, triplexes and multiplexes all across town. Here are his top tips for buying an income property.… Read More
2019 Ontario Rental Increase Guideline
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 … Read More
Should All Prices Be Disclosed in a Real Estate Bidding War?
The Toronto real estate market has been plagued with a lack of supply for some time now. This had led to a sellers’ market where there is often more than one bid on a property that is listed for sale. … Read More
TREB Market Statistics for January 2019
The Toronto Real Estate Board (TREB) has just released the overall sales numbers for January 2019. There were 4,009 sales in January 2019, up 0.6% compared to January 2018.On a seasonally adjusted basis, sales were up 3.4% compared to December 2018. There was a total … Read More
How to Get as Much Rent as Possible for your Suite
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 … Read More
Snow Removal at Tenanted Properties
Snow Removal at Tenanted Properties: Whose responsibility is it to shovel the snow: landlord or tenant?… Read More
5 Fire Safety Guidelines to Keep Your Tenants Safe
Fire prevention and safety is a must for every landlord. Here are 5 guidelines that every landlord should follow to ensure proper fire safety.… Read More
Cannabis Retail is Coming to Toronto
The PC government has created a lottery system for would-be cannabis retailers.… Read More