Saving energy is great. It keeps your condo fees—and your rent!—low, slows environmental damage, and helps you do your bit to keep the power on next time there’s a major storm. When you’re living in a condo—and especially a rental condo—there’s only so much about your energy consumption you can alter. But that doesn’t mean […]
Condo Living for Cyclists: A Quick Guide
If you’ve counted the number of bike shops on your block lately, it will not be a great surprise that Toronto has an active—and political, and sometimes messy—cycling culture. Add our easily navigable street grid to the cost of cars, parking, and monthly transit downtown and in the inner suburbs, and it’s clear why your […]
Renting to Students: A Quick Guide
With the new school year around the corner, Toronto’s annual influx of new undergrad and graduate students have hit the streets—and the rental market. With the limited space in Toronto university residences, you’re likely to get a few calls from full-time students if you’re renting a small-space or studio condo not too far from campus. […]
How to Detect—and Avoid—Rental Scams
Rental vacancy rates in Toronto are low—and even lower for Toronto condominiums, where just 1.2% of units are ready to be someone’s new home. With the urge to jump on that excellent rental before someone else snags it away comes an unfortunate side effect: a rise in rental apartment and condominium scams. Here’s how to […]
When Renting a Condo Makes Sense
Toronto real estate is having its hottest—and most reported on—spring and summer in approximately forever. With the argument between purpose-built rental, private rental, and putting down that money to buy a place right this second raging in the papers, it’s harder to get a sense of when renting a condo—or buying—makes good sense for you. […]
Self-Managing a Condominium Rental: Is It For You?
There’s a lot more information out there about what it’s like to be a good Toronto tenant than there is about being a good landlord. Which explains why, when looking at renting out that investment property, it’s easy to assume that there can’t be much to it—and run into a lot of trouble. So here […]
Five Ways to Maintain Your Investment Condo’s Value
So, life is good: You’ve bought a nice investment condo in a great Toronto neighbourhood, lined up some conscientious, friendly tenants to live there, signed the lease, handed over the keys, and everything is going according to plan. But since you’re in this for the long haul, how do you make sure everything keeps going […]
Condominium Rules: A Primer
We’re all used to a few rules in a newly rented Toronto home: no smoking, being mindful about pets, keeping the noise down in multi-unit buildings if it’s after ten or eleven at night. But renting a Toronto condominium unit can come with a few more rules than you’re expecting: the condo corporation rules and […]
Five Steps to Your Perfect Condo Garden Party
Spring is springing in Toronto, finally. (Finally? And sticking? Please?) Now that we’re all preemptively breaking out the summer clothes, making plans with those friends we didn’t see all winter, and staring longingly at the Canadian Tire flyer and the Food and Drink Magazine, it’s a good time for the cottage-free among us to throw […]
The New Landlord’s Quick Guide to Tax Time
So this year, you had a great idea: You rented out that investment condo to a great tenant (or two!), built a fabulous working relationship with them, and now that condo on its way to making an income for you while providing someone a comfortable home. Trouble is, it’s tax time. And suddenly your usual T4 […]
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