Everything to Know when Renting with Pets
Toronto’s rental market is one of the most competitive in the country, so it can be a real downer when you find a listing you want to view but the landlord has a no-pet policy. However, is this legal? Yes…
Relatively Unknown Reasons for Rental Eviction
A tenant can be evicted for not paying rent or engaging in an illegal act. But there are also some not-so-obvious reasons that a landlord can terminate tenancy. A tenant can be given notice because the landlord will be demolishing…
What Tenants Should Know about Rent Deposits
Did you know it is illegal for a landlord to ask a renter for a security or damage deposit? The only deposit a landlord can collect is the first and last months’ rent, otherwise known as a rent deposit. This…
Rent Increase Approved by Province for 2022
After a year of seeing no increase, most residential tenants should expect their rent to rise in 2022. The Ontario government has approved an up to 1.2% rent increase — the smallest increase for rent controlled units since 2014. This…
Weighing the Benefits of Buying versus Renting
Deciding whether to rent or buy typically comes down to personal and financial circumstances. If you don’t have a down payment, are not sure where you’ll be in the next three to five years, interest rates are high, there’s no…
3 Big Changes in Toronto’s Rental Market
As the leaves begin to fall with the changing of the seasons, so too should the expectations of landlords. The pandemic continues to impact rental rates and new laws may lead to further challenges for those who rent their property.…
12 Ways Real Estate has Changed with COVID-19
Business has been anything but usual since the Ontario government deemed real estate an essential service amid the COVID-19 outbreak. While the decision brought a collective sigh of relief from the industry as it ensured buyers and sellers with a…
What Toronto’s Short-Term Rental Rules Mean
An appeal against Toronto's short-term rental regulations has been dismissed. The ruling by the Local Planning Appeal Tribunal Nov. 18, upholds the adoption of zoning bylaw amendments for short-term rentals by city council in December 2017. A short-term rental is defined as…
