rental: Rental Property Documentation - 09/02/12 09:50 PM
Did you make a real lease or just use the offer to lease from TREB? Offer to Lease       Rental Application You have a condo and you want to rent it out.OF COURSE, you would want a tenant that will respect your property, look after the place, be courteous to the neighbors and generally obey all the terms of the lease. You want to avoid a tenant who will rip you off.  Someone who will pay the rent on time.You posted your rental online and asked for; Confirmation of employment Copy of a Credit Bureau   1st and Last … (0 comments)

rental: Landlord License Fee Toronto - 06/10/12 01:30 AM
Toronto has not yet joined other municipalities to license Landlords but that may be short lived as the City looks for new sources of Revenue. The average tax appears to be at $825.00 per unit.
 
Condo Units in a Building are exempt.
Compulsory licensing for small landlords is rapidly spreading throughout Ontario, having come into effect most recently in Waterloo on April 1 and North Bay on May 1. Other Ontario cities which have already implemented a licensing regime are Guelph, London, Mississauga and Oshawa.
The idea appears to be contagious, and many other cities are looking at the concept, including Hamilton and Kitchener.
Waterloo’s licensing regime is typical. Licensed rental properties … (2 comments)

rental: Investment Property Newly Built West Toronto - 11/27/09 09:06 AM
If only that concept worked with Real Estate Investments in Toronto. The property captioned on the video is a 10 unit residential and commercial mixed use property in close proximity to the (new and improved TTC ) Kipling Subway station. Superb commercial location for a few small stores and or business' that want extra eye's on their sign.
The property if compared to a row attached townhouse with condo fees of the same size would be selling for approximately $600.0 thousand. Three have a wooden patio deck back yard, Two have a rooftop Terrace. (Times 5 Units) . In addition there … (2 comments)

 
David Pylyp (RE/MAX Realty Specialists Inc.,)

David Pylyp

Toronto, ON

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