Tag: #PropertyManagement
-
5 Landlord Wins That Make Bill 60 a Total Game-Changer
Bill 60 introduces several major changes for landlords under Ontario’s Residential Tenancies Act, aimed at expediting eviction procedures and reducing landlord costs associated with tenant removals. Key Changes for Landlords Shortened Eviction Notice for Rent ArrearsLandlords can now serve an N4 eviction notice only 7 days after rent is overdue, reduced from the previous 14 Read more
-
Canada’s Rental Market Reality Check: What the Data is Revealing
The multifamily landscape is experiencing a dramatic shift. Here’s what’s happening right now: New buildings are struggling. Purpose-built rentals completed post-2020 are facing vacancy rates approaching 10% in major markets, while older, affordable units remain near full occupancy. The disconnect? New luxury units are pricing themselves out of reach just as economic headwinds intensify. The numbers tell Read more