Tag: landlord
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Top 10 Rental Scams in Toronto: Essential Tips to Protect Yourself
Navigating the rental market in Toronto can be challenging, especially with the prevalence of rental scams that can trap unwary prospective tenants. Being informed is your first line of defense against falling victim to these fraudulent schemes. Here’s a guide to the top 10 rental scams in Toronto and how to avoid them. 1. The…
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How much it costs to rent in Canadian cities – April 2024
Canada’s Rental Market Overview: Price Trends Across Major Cities The rental landscape in Canada continues to witness fluctuations in pricing, shaped by various economic forces. According to the latest data from Urbanation and Rentals.ca, the average rent for all residential properties in Canada was pegged at $2,181, marking an 8.8% increase from the previous year.…
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Is Your Toronto Rental Legit? How to Spot Scams Before You Sign the Lease
Navigating the rental market in Toronto can be fraught with challenges, not the least of which is the prevalence of rental scams that target unsuspecting tenants. These scams can vary widely in sophistication and audacity, but all share the same goal: to part you from your money under false pretenses. This guide will equip you…
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Toronto is now the 2nd most expensive city to rent in Canada
Toronto has recently risen to become the second most expensive city for renters in Canada, trailing only behind Vancouver. Despite slight decreases in the average rental prices for one- and two-bedroom apartments in Toronto compared to the previous month and year, the city has managed to surpass Burnaby, B.C., in terms of rental costs, amidst…
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Here’s what you can get for under $600/month rent in Toronto
Online discussions, especially on Reddit, have spotlighted unique rental listings in Toronto and Ontario, such as shared rooms and beds in kitchens. These listings underscore the tough realities of the current housing market, reflecting the pressing issues many face in finding affordable living spaces in the region. Here are 6 recent listings in Toronto $600…
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Someone is renting a bunk bed in Toronto and calling it a “prestigious accommodation”
Toronto’s rental market is showing signs of easing prices, but a new trend is emerging among landlords. They’re getting creative, and sometimes controversial, by turning unlikely spaces into “bedrooms” to attract those watching their wallets. From beds in kitchens to mattresses on staircases, social media is abuzz with these unusual rental options. One such listing…
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New website lets you search bad tenants and landlords in Ontario
In the dynamic Ontario rental market, making well-informed decisions has become crucial for both landlords and tenants. Addressing this need, Openroom, a pioneering platform, offers a unique registry that allows users to access court orders and make informed choices before signing rental agreements. This innovative tool is reshaping the rental landscape in Ontario, providing unprecedented…
Canada Housing Market 