Navigating Tenant Occupied Property Sales: Managing Costs and Legalities Selling a property occupied by tenants introduces complexities, especially when tenants resist eviction notices. It's crucial to understand that if tenants do not vacate voluntarily, only the Landlord and Tenant Board (LTB) can legally enforce eviction. This situation can lead to protracted legal processes and significant costs. Here’s how both sellers and buyers can navigate these challenges effectively, with... [read more]

Understanding the Differences: Duplex, Triplex, and Multi-Residential Properties (4+ Units) Investing in residential real estate comes in many forms, but choosing between a duplex, triplex, or multi-residential property with four or more units can significantly impact landlord responsibilities. Whether you’re new to real estate investing or looking to expand your portfolio, understanding these differences will help you make informed decisions. Property Definitions Duplex: A... [read more]

Ontario Rent Increase Guideline for 2025 – What You Need to Know If you're a landlord or tenant in Ontario, staying up to date with the annual rent increase guideline is key to avoiding surprises. For 2025, the allowable rent increase is capped at 2.5% – a number that impacts the majority of rental properties across the province. What Does This Mean? The 2.5% cap applies to most residential properties built and first occupied before November 15, 2018.... [read more]

Laneway homes! Opportunity is now knocking for many homeowners in the city of Toronto. With recent by-law changes, there are new guidelines around the development of laneway suites/homes. Please have a look at this video to learn more. Do not hesitate to reach out if you have any questions.  [read more]