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On December 16 2021, City Council approved implementation of a vacant home tax in Toronto starting in January 2022. How The City of Toronto will Define a Vacant Home The city of Toronto will consider the home vacant if it has been unoccupied for more than six months during the previous calendar year. Exemptions apply:… Read More »
Facebook Marketplace Facebook marketplace is a great place to get exposure for your rental property to be people are searching. Millions of people use Facebook everyday and their marketplace allows users to post many photos, prices and information. One downside perhaps is if you are going to use your personal profile to post your rental;… Read More »
The City of Hamilton yesterday August 10th 2021 voted in favour of a motion to implement a rental housing licensing pilot for wards 1,8 and 14. Where are Wards 1, 8 and 14? Ward 1: covers the area primarily close to McMaster University Ward 8 & 14: covers the area primarily close to Mohawk College.… Read More »
Thinking about becoming a landlord in Canada? Consider these 6 things 1. Secure Financing Securing financing for a future rental property is important because it will give you the range of prices that you have to work with. There are many ways you can choose finance a rental property purchase including: taking out a… Read More »
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