Today's landlords have benefitted greatly from the rapid development of new technologies, with everything from listing to digital contracts helping to automate the rental process. The multitude of new software and apps designed to help landlords and other busy professionals has made it easier and faster than ever to manage your day-to-day operations. Of course, there is such a thing as too much choice though. With hundreds, even thousands of ...
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Canada's housing market has been notoriously turbulent in recent times, but there are still plenty of opportunities for savvy investors to make a profit. Particularly in major urban centres like Toronto, demand for rental housing is higher than ever as students and renters in general return from abroad. This makes for a great opportunity to enter or re-enter the real estate market, whether you're looking to purchase your first property ...
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Another year means the possibility of another rent increase for Ontario renters and landlords. After a temporary rent freeze in 2021, the province's Landlord and Tenant Board has resumed the release of yearly rent increase guidelines, with the latest numbers for 2023 announced in June. For those worried about steep rent hikes though, rest assured — landlords can only raise the rent up to a maximum amount dictated by the ...
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Metro Vancouver is known across Canada for two things: unmatched natural splendour, and high home prices. Rising interest rates may alleviate some of this pressure though, precipitating significant price drops in Vancouver's real estate market, albeit with higher mortgage rates to match. With the city's rent prices still higher than ever, this makes for a great opportunity to enter or re-enter the real estate market – whether you're looking to ...
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Inflation and the corresponding rise in interest rates are on nearly every Canadian's mind right now. Practically everywhere one looks, there's talk about the far-reaching consequences of these important financial indicators – but how will these seismic shifts affect landlords and real estate investors? Those who own rental properties will certainly feel the impact of Canada's rising interest rates, in a number of important ways. We're already seeing rent ...
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The University of Waterloo welcomes over 40,000 students each year, almost all of whom will live off-campus at some point during their studies. As such, the city of Waterloo and nearby Kitchener have developed a reputation as being student towns – with plenty of rental housing for those attending UW and the many other post-secondary schools in the area. With so many options out there, it can be hard for ...
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Landlords have a lot of decisions to make throughout the rental process, but the duration of the lease agreement is one factor that's often taken for granted. While one-year leases have long been the standard for Canadian landlords, there has been growing interest in short-term rental contracts as of late – that is, lease agreements ranging from 1-6 months in duration. These types of arrangements can be more profitable under ...
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Vancouver is one of those cities that truly has something for everyone. Between the city's mild temperatures, breathtaking natural setting, and urban convenience, it's no wonder the city has such an active rental market. These factors are also what makes the city such a great place for families. Combined with excellent schools across the city and quiet, tree-lined streets just outside of a busy downtown core, Vancouver is truly the ...
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Toronto is more known for its towering skyscrapers and status as Canada's financial de facto financial capital, but don't less this fool you – the city has plenty of neighbourhoods that are excellent places for families, many of which are just outside the downtown core. In fact, Toronto has elementary and secondary schools practically everywhere across the city's massive geographic area, not to mention some of the country's most prestigious ...
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Many renters seem to think that landlords are the only ones who can ask questions during the application and rental process, but this couldn't be further from the truth. Not only is it your right as a tenant to be properly informed about the property you may be renting, but it's also your duty to clarify any uncertainties you may have to ensure you're entering your new rental arrangement fully ...
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