rentals: New Rules for Rent Control in Ontario - 06/05/13 09:54 AM

The Lack of Affordable housing has been problematic in Toronto for decades. Metro Housing is in decay and has a huge backlog of repairs in addition to a long waiting list of applicants.   Rent geared to income housing is a small portion of the rental pool and in the last 20 years individual investors have purchased units for rental purposes and placed them in the secondary markets
 
It's not that a landlord has a tough time finding tenants;  The Residential Tenancies Act provides free legal services to Tenants in addition access to Duty Counsel at Hearings.  The Landlord must now … (0 comments)

rentals: What is your ROI investing in Toronto Real Estate? - 02/19/13 10:43 AM
Tell me again about the lack of faith in Toronto real estate.

Where would you like to put your 20 or 25 % in the GTA's continuing real estate market.

Just be careful what you buy...   http://www.buyinginToronto.ca

Maybe you would like to conduct your own search. http://homeswesttoronto.tumblr.com/mobile

How can I help you?
(0 comments)

rentals: Yes you can raise the Rent! - 05/10/12 01:34 AM
Are you an investor? Do you want to Buy and Rent Condo Units in Toronto? Then you should be aware of a few things.   We have something here called the Landlord Tenant Tribunal.
Ontario’s annual Rent Increase Guideline is based on the Ontario Consumer Price Index (CPI), which is a measure of inflation calculated monthly by Statistics Canada.  The rate of allowable rent increases for 2012 will be 3.1 per cent.The guideline is the maximum amount that most landlords can increase a tenant’s rent during the year without making an application to the Landlord and Tenant Board.  It is based … (0 comments)

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

David Pylyp

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