Rental Resources

Toronto Rental Stats – May 2019 Snapshot

Toronto Renter Stats - Trends This month we take a look at the state of the rental market in Greater Toronto based on May’s figures.  Overall, renters saw some relief last month with many neighbourhoods posting decreases in rental rates. Only Vaughan/Richmond Hill saw an increase - a sizeable one at that (8.3%). Below is a breakdown of the Toronto rental stats for May 2019. Furnished vs. Unfurnished Rentals The average rent for ...

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Vancouver Rental Stats – May 2019 Snapshot

We're back with another round of Vancouver rental stats. This month we take a look at the state of the rental market like average rent prices, renter demographics, and rent changes in Greater Vancouver based on May 2019's figures. Vancouver Renter Stats - Demographics In May 2019, again more women were actively seeking a rental property than men – 56% and 44% respectively, and the large majority of rental seekers – 45% ...

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The Empty Homes Tax & How To Avoid It For 2019

What is the Empty Homes Tax? After its first year of implementation, the Empty Homes Tax and Speculation + Vacancy Tax, instituted to target vacant properties, increase vacancy rates and create affordable housing, is estimated to generate $38 million dollars - $8 million more than originally projected. As this wasn't the original intent of the tax, the City is now considering a number of changes. As a quick summary, here is an ...

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Perfect Perch – Easy Ways To Transform Your Balcony

Small space living is made a little better when you have some outdoor space. During warm summer eves, there is nothing better than coming home from a long day at work, opening the door to your balcony or patio, and decompressing outside. Consider it an extension of your home - deserving of your time, investment and creative touch. Here are some easy ways to transform your balcony into an inviting urban ...

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Top 10 Tax Deductions for B.C. Landlords

Do you take advantage of all the deductions available to you as a B.C. landlord? When you own a rental property, you are legally obligated to report all rental revenue on the Statement of Real Estate Rentals schedule on your personal tax return. Thankfully, you are also able to deduct a number of landlord expenses from your gross rental revenue and then pay tax only on the amount remaining. To ...

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Prepping Your Property For Rent With Enzo Design Build

Basic maintenance and making some simple improvements before listing your house for rent (or sale) is key to reducing future maintenance costs, recouping your investment, and staying profitable. In addition, you’ll attract more desirable tenants committed to treating your property respectfully. The amount of time and money you have to invest in getting a unit ready to rent depends on the rental market and the condition of the unit. In a ...

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Best Off-Campus Housing for SFU Students

There comes a time when life beyond campus calls. The first decision to be made, is where to live. Below we've provided a run down of some North Burnaby neighbourhoods conveniently located near transit that we consider the best areas for off-campus housing for SFU students. Including feature listings that are affordable and convenient for SFU students! Near Transit First things first, SFU is a commuter school, that makes living near transit ...

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Vancouver Apartment Rental Stats April 2019

Vancouver Rental Stats – April 2019 Snapshot

This month we take a look at the state of the rental market in Greater Vancouver based on April's figures. Below is a breakdown of this month's Vancouver rental stats. Vancouver Renter Stats - Demographics In April 2019, again more women were actively seeking a rental property than men – 55% and 45 respectively, as was the case in March. And the large majority of rental seekers – 44% – fall into ...

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Tip for Renovating your Rental Property

Inside Scoop: Renovating your Rental Property – Tips from Enzo Design Build

Vancouver's Enzo Design Build is a one-stop renovation, interior design, staging and construction management services company renowned for its quality, diverse skills and exemplary customer service. We took the time to talk to owner and head Project Manager, Meysam Pourkaram, for his insights and advice on renovations, specifically, what you need to know before embarking on a renovation project. Why should you renovate your rental property? 1. More Rental Revenue & Better ...

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Moving to Vancouver BC

Inside Scoop: Setting Up Your New Life in Vancouver

Vancouver's Vantastic VA is a one-stop relocation service helping people relocate to Vancouver from all over the world. We collaborated with Vantastic to share some key insights, tips and tricks to help newcomers establish themselves in our fair city. This post deals with the logistics of moving to Vancouver. The Paperwork If moving from outside Canada, the first thing you need to do is get a SIN card. This allows you ...

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