The latest data from the Canadian Mortage and Housing Corporation is in, and there's plenty for both renters and landlords to be aware of concerning 2021's rental vacancy rates in Toronto. Here, liv.rent will be looking at vacancy rates across the City of Toronto and beyond, contextualizing this year's numbers in terms of how they compare across Canada, as well as to Vancouver specifically. What is Toronto's rental vacancy rate? Vacancy rates ...

Both landlords and renters in Ontario should familiarize themselves with the province's many different tenancy forms, particularly some of the more common ones you're likely to encounter. Ontario's Landlord and Tenant Board is your go-to resource for all things rental-related, and the province has created standardized documents laying out guidelines for pretty much any situation you can imagine. While this is extremely helpful for landlords and tenants, it can also ...

Information privacy is a hot-button issue that's taken centre stage in this new age of digitalization we find ourselves in. Despite efforts to regulate data privacy, 67% of Canadians still feel as though they have no control over their data privacy. This is especially significant in the rental industry, where both landlords and tenants typically need to provide personal details about their identity and income, among other things. That's why ...

Vancouver, BC is a truly spectacular place to call home. The city's unique proximity to both mountains and sea, its top-notch food scene, and cosmopolitan appeal make for an understandably competitive housing market and have led to the city having some of Canada's highest rental rates. With such a booming rental market, both landlords and renters need an apartment rental website that provides safety and security – not to mention ...

Every landlord and renter knows all too well that no rental unit can remain pristine forever. Over time, there's bound to be some damage to the suite from sustained use. If the damage is severe enough to impede enjoyment of the unit, or if it's caused by negligence on the part of the tenant, this can quickly become an issue for both parties. That's why most lease agreements set out ...

Standard tenancy agreements aren't always exhaustive. There could be any number of reasons a landlord may want to modify or add to a lease, including specifying terms related to pets, smoking, insurance, or rent payment. This is where a lease addendum comes in handy. Experienced landlords almost always include addenda alongside the lease agreement, to ensure they're completely covered for all eventualities. It's hugely important to lay out all of the ...

For both renters and landlords in Toronto or other areas of Ontario, rent deposits are at best a tricky subject to navigate, and can often lead to confusion and even money being lost down the line. There's a ton of dubious information out there surrounding the subject, and it's important for both parties to be aware of their rights and responsibilities when it comes time to submit their deposit. In ...