There is currently a push from landlords to get long-term renters into properties. As an investment, it is crucial to get good tenants who can stay for long periods of time. The Toronto Star published an article on this issue. To read more, click here.
The Toronto Star published an interesting article that landlords and tenants alike should read. They explored which areas have experienced the highest spikes in rent, indicating the demand has gone up. Be sure to look for your area in the GTA to compare it to the rental amount you currently collect or pay. To read the article, click here.
The shortage of LTB adjudicators, and the delays at the Board, have made its way to the mainstream media. Both the Toronto Star (click here) and Globe and Mail (click here) have published articles highlighting the problems that exist. Hearings have been delayed, sometimes being scheduled as long as three (3) months after filing applications.