Tag: landlord
-
Ontario Landlord Red Flags (From Tenants Who Learned the Hard Way)
Renting in Ontario? Here are six real landlord red flags tenants learned the hard way, from “cash only” to “I’ll fix that later.” What to look for and when to walk away.
-
Toronto’s New Rental Renovation Licence Bylaw Takes Effect July 31, 2025: What Landlords & Tenants Need to Know
Say goodbye to shady “renovictions.” Toronto is taking action to protect tenants and preserve affordable rentals. On November 14, 2024, Toronto City Council officially adopted the Rental Renovation Licence Bylaw, a new measure aimed at stopping bad faith evictions and keeping rental housing fair and accessible. The bylaw takes effect on July 31, 2025, and…
-
Website lets you search bad tenants and landlords in Ontario
What Is Openroom? A Crowdsourced Database Changing Ontario’s Rental Landscape In an era where transparency and accountability in the rental industry are more critical than ever, Openroom has emerged as a powerful tool for landlords and tenants alike. Originally developed in late 2022 by a multidisciplinary team of software engineers, operations experts, and rental industry…
-
Canada’s Rental Prices Drop: Key Insights from Rentals.ca December 2024 Rent Report
In November 2024, Canada’s residential rental market experienced a notable decline, with asking rents falling to a 15-month low of $2,139. This marks a 1.6% decrease compared to the previous year, following a 1.2% drop in October. Despite this decline, rents in Canada are still higher than two or three years ago, reflecting long-term growth…
-
How Much You Need to Earn to Afford Rent in Toronto vs. GTA Suburbs Right Now
If you’re planning to move to Toronto or the surrounding suburbs, understanding rental costs is crucial. The November 2024 rent report by liv.rent shows interesting trends, including a drop in Downtown Toronto rent prices for the fifth consecutive month. Surprisingly, Markham has overtaken Toronto as the most expensive spot for rent in the GTA. Highlights…
-
Canadian Rents Fall for the First Time in Over Two Years
For the first time since July 2021, Canadian rental prices have experienced a year-over-year decline. The October 2024 Rentals.ca Rent Report shows a 1.2% annual drop in average asking rents across Canada, with the national average now sitting at $2,152. The decline signals a potential shift in Canada’s rental market dynamics, especially in previously high-demand…
-
Can Ontario Landlords Ban Pets? Know Your Rights as a Renter
Renting a home in Ontario is tough enough, but it gets even more challenging when landlords add ‘no pets’ clauses to rental agreements. Many renters believe these clauses are legally binding, but here’s the truth: in most cases, these rules are unenforceable. Ontario’s Residential Tenancies Act (RTA) Protects Renters with Pets Under Ontario’s Residential Tenancies…
-
Toronto rental prices have reached the lowest in almost 2 years.
If you’re looking to rent in Toronto, there’s some good news amid the rising cost of living. The average rental prices in the city have slid to a 22-month low as of June, according to recent data from Urbanation and Rentals.ca. This trend offers a glimmer of hope for prospective renters in Canada’s largest and…
-
1 in 5 Toronto Renters Spend Over Half Their Income on Rent, According to a New Report
Toronto’s housing market crisis is not limited to soaring home values that price residents out of ownership; renting is also becoming increasingly unaffordable. A recent report by Royal LePage reveals that nearly one in five Toronto renters now spend more than half of their monthly income on rent, highlighting the severity of the city’s affordability…
-
Toronto Could Soon Crack Down on Landlords Evicting Tenants
Toronto is considering new regulations inspired by a recently adopted Hamilton bylaw to prevent “bad faith renovictions” and better protect vulnerable tenants. Background: Hamilton’s Renovation Licence and Tenant Relocation Bylaw In January 2024, Hamilton introduced a Renovation Licence and Tenant Relocation Bylaw, requiring landlords to obtain a renovation permit if issuing renoviction notices (N13s). This…
Canada Housing Market 