Real Estate News: The Latest, Top Articles in Ontario Canada
Get the most recent real estate news and real estate trends to hit Ontario's housing industry.
Best of Real Estate Articles
Understanding the Role and Requirements of Realtors
What a Realtor Does For You Many people use the terms “real estate agent” and “Realtor” interchangeably. While the terms are related, they hold a key distinction. Understanding the Role and Requirements of Realtors helps you choose the right professional for your property journey. Every home buyer and seller should know who they are working […]
Realtor Fees and Commissions
Understanding Real Estate Agent Fees and Commissions The complexity of realtor fees and commissions can feel overwhelming for both first-time buyers and seasoned property investors. However, it is an essential part of the real estate process that we cannot ignore. In this article, we will guide you through the intricate web of these fees and […]
Relocation Information
Information and Services for Your Move Moving to a new area presents a unique set of opportunities and challenges. You are not just buying a new property; you are choosing a new lifestyle, community, and future. The process requires careful planning and access to the right resources. Expert relocation information and services provide the support […]
Luxury Property Sales and Marketing
Effective Strategies for High-End Property Sales Selling a high-value home requires a distinct and sophisticated approach. The standard methods used for typical properties are often insufficient for the premium market. A successful transaction depends on a deep understanding of the affluent buyer, impeccable presentation, and a precisely executed plan. Effective luxury property sales and marketing […]
Realtor Selection and Relationship – Forging a Winning Partnership
Realtor Selection and Relationship – Creating a Successful Partnership Choosing a realtor is more than a simple decision—it is a strategic maneuver in the journey of real estate. An adept realtor holds the power to simplify the process of buying or selling a home, to ensure you get the best deal possible, and to convert […]
Navigating Property Matters During a Separation and Divorce
Property Considerations in Separation and Divorce Going through a divorce is a challenging and emotional process, and navigating property matters during a separation and divorce can add another layer of complexity. Divorce real estate agents specialize in working with these sensitive situations, assisting both parties in reaching a fair and equitable resolution. This article will […]
Maximizing Success in Rural Real Estate
Achieving Your Goals in the Country Property Market Many people dream of living in the countryside. They desire more space, a closer connection to nature, and a peaceful environment. Buying or selling property outside the city presents unique opportunities and challenges. Unlike urban transactions, rural real estate involves considerations like land use, private services, and […]
Understanding the Investment Property Market
A Clear Path to Understanding the Investment Property Market Investing in real estate is a powerful method for building long-term wealth. Many people use property to generate passive income and secure their financial future. Success in this area requires knowledge and a clear plan. Understanding the investment property market is the first and most critical […]
Maximizing Your Commercial Real Estate Success
Your Commercial Real Estate Potential Commercial real estate professionals are your dedicated allies, expertly guiding you through every step of buying, selling, and leasing commercial properties. These specialists bring a wealth of skills, deep market knowledge, and invaluable resources to the table, ensuring a smooth and successful navigation of even the most intricate commercial real […]
Helping You Find the Perfect Home for Your Retirement
Find the Perfect Home for Your Golden Years Retirement marks a new chapter in your life. It is a time for new adventures, hobbies, and relaxation. A key part of this transition is deciding where you will live. Your current home may have served your family well for years, but your needs change over time. […]
Estate Sale Experts Can Simplify Your Property Liquidation
Simplify Property Liquidation with Professional Estate Sale Services Clearing a home is a significant undertaking. You may face this task when downsizing, managing an inheritance, or helping a loved one move. The process involves sorting through a lifetime of possessions. Each item holds a memory or a question about its value. This emotional and physical […]
First Time Home Buyer Real Estate Info
Real Estate Information for First-Time Home Buyers Buying your first home is a significant milestone. You likely have many questions about the process. This article provides clear first time home buyer real estate info to help you feel confident. We will break down the home buying journey into simple, manageable stages. From understanding your finances […]
Latest Articles: Everything Real Estate
Can a Landlord Increase Rent on a Month-To-Month Lease in Ontario?
Question: Can a Landlord Increase Rent on a Month-to-month Lease in Ontario? Answer: Yes, a landlord can increase rent on a month-to-month tenancy. They must provide at least 90 days’ written notice using the correct form. Rent can only be increased once every 12 months and is usually limited by the annual provincial rent increase […]
What Rights Do Tenants Have When the House is Being Sold in Ontario?
Question: What Rights Do Tenants Have When the House Is Being Sold in Ontario? Answer: Rights that tenants have when the house is being sold include: Your lease agreement continues under the new owner. Landlords must provide 24 hours’ written notice for showings. A new owner can only end the tenancy for their own use […]
What Repairs Are Landlords Responsible for in Ontario?
Question: What Repairs Are Landlords Responsible for in Ontario? Answer: Repairs that landlords are responsible for include maintaining the rental unit in a good state of repair, complying with health and safety standards. This includes vital services like heat and water, plumbing, electrical systems, appliances provided with the unit, and structural components like the roof, […]
What Are the Rules for a Month-To-Month Lease in Ontario?
Question: What Are the Rules for a Month-to-month Lease in Ontario? Answer: The rules for a month-to-month lease in Ontario are as follows: A fixed-term lease automatically converts to a month-to-month tenancy with the same terms. Tenants must provide 60 days’ notice to end their tenancy, while landlords must have a valid reason and provide […]
What a Landlord Cannot Do Ontario?
Question: What a Landlord Cannot Do Ontario? Answer: In Ontario, a landlord cannot enter your unit without 24-hour written notice, evict you without an LTB order, increase rent above the guideline without approval, collect a damage deposit, or discriminate against you. They must also maintain the property and not interfere with your reasonable enjoyment. What […]
What Are My Rights as a Tenant in Ontario?
Question: What Are My Rights as a Tenant in Ontario? Answer: Your rights, as a tenant in Ontario, protected by the Residential Tenancies Act, include a safe, well-maintained home and reasonable enjoyment. You are protected from illegal rent increases and unlawful evictions, and your landlord must provide 24-hour written notice before entering your unit. Understanding […]
Is the Landlord Responsible for Mould in Ontario?
Question: Is the Landlord Responsible for Mould in Ontario? Answer: Yes, the landlord is responsible for mould in Ontario. Under Ontario’s Residential Tenancies Act, landlords must maintain rental units in a good state of repair and ensure they comply with health and safety standards. This includes addressing mould, which is considered a significant health hazard, […]
Is it Ok to Buy a House With Tenants?
Question: Is It Ok to Buy a House With Tenants? Answer: Yes, it is Ok to buy a house with tenants but you legally inherit the tenants and their existing lease agreement. If you intend to occupy the home yourself, you must follow a strict legal process, which includes providing the tenant with proper notice […]
How Much Notice Does a Landlord Have to Give a Tenant to Move Out in Ontario?
Question: How Much Notice Does a Landlord Have to Give a Tenant to Move Out in Ontario? Answer: The required notice a landlord has to give a tenant to move out in Ontario varies by reason. For the landlord’s personal use, 60 days’ notice is required, ending on the last day of a rental period. […]
How Do I Complain About a Landlord in Ontario?
Question: How Do I Complain About a Landlord in Ontario? Answer: To complain about a landlord in Ontario, you must file an application with the Landlord and Tenant Board (LTB). This is the formal process for addressing issues like maintenance neglect, harassment, or illegal entry and seeking a legal remedy under the Residential Tenancies Act. […]
Do You Have to Give 60 days Notice At the End of a Lease in Ontario?
Question: Do You Have to Give 60 Days Notice at the End of a Lease in Ontario? Answer: Yes, tenants must provide at least 60 days’ written notice before the end of their lease if they plan to move out. The termination date must be the last day of the term. If no notice is […]
Can Someone Live With You Without Being on the Lease in Ontario?
Question: Can Someone Live With You Without Being on the Lease in Ontario? Answer: Yes, someone can live with you without being on the lease. You have the right to have occupants or guests live with you. A landlord cannot unreasonably restrict this. However, as the leaseholder, you are solely responsible for the entire rent […]
Can I Refuse a Landlord Inspection in Ontario?
Question: Can I Refuse a Landlord Inspection in Ontario? Answer: No, you cannot refuse entry if your landlord provides 24 hours’ written notice specifying the reason and a time between 8 a.m. and 8 p.m. Unreasonably denying a lawful entry can be grounds for eviction. You may refuse if proper notice was not provided. Your […]
Can a Tenant Change the Locks in Ontario?
Question: Can a Tenant Change the Locks in Ontario? Answer: No, tenants in Ontario cannot unilaterally change the locks in Ontario. The Residential Tenancies Act requires tenants to obtain the landlord’s consent before altering the locking system. If consent is given, the tenant must provide the landlord with a new key for the altered lock. […]
Can a Landlord Refuse to Renew a Lease in Ontario?
Question: Can a Landlord Refuse to Renew a Lease in Ontario? Answer: No, a landlord cannot refuse to renew a lease in Ontario. Once a lease term ends, it automatically converts to a month-to-month tenancy. A landlord cannot simply refuse renewal and must provide a valid legal reason under the Residential Tenancies Act, such as […]
What is a Damage Deposit in Ontario?
Question: What Is a Damage Deposit in Ontario? Answer: A damage deposit in Ontario is for residential tenancies, it is illegal for landlords to collect a damage deposit. Landlords are only permitted to collect a rent deposit for the last month’s rent and a separate, refundable deposit for keys, neither of which can cover damages. […]
What Credit Score is Needed to Rent an Apartment in Ontario?
Question: What Credit Score Is Needed to Rent an Apartment in Ontario? Answer: While there is no official minimum credit score to rent an apartment in Ontario, most Ontario landlords prefer a score of 660 or higher. A good score demonstrates financial reliability, but landlords also consider income and references. A lower score may require […]
What Do I Do If the Landlord Does Not Return the Deposit?
Question: What Do I Do If the Landlord Does Not Return the Deposit? Answer: If the landlord does not return the deposit, first send a formal written demand. If they still refuse, file an application with the Landlord and Tenant Board. Your deposit is legally for the last month’s rent, not for covering alleged damages […]
Why is Home Insurance So Expensive in Canada?
Question: Why is Home Insurance So Expensive in Canada? Answer: Home insurance in Canada is expensive due to a number of factors, including high property values, natural disasters liability claims and competition Understanding the Cost of Home Insurance in Canada Home insurance is a vital financial safeguard for homeowners, protecting them against unforeseen events such […]
Which Area is Not Covered By Most Homeowners Insurance?
Question: Which Area is Not Covered By Most Homeowners Insurance? Answer: Most homeowners insurance policies do not cover damage caused by floods. You’ll need a separate flood insurance policy for that. Understanding Your Homeowners Insurance Coverage Homeowners insurance provides financial protection against unexpected events that could damage your home or belongings. However, it’s crucial to […]
Which Two Are Not Covered By Homeowners Insurance?
Question: Which Two Are Not Covered By Homeowners Insurance? Answer: The two that are not covered by homeowners’ insurance are floods or earthquakes. These events require specific insurance policies to protect against the financial losses they can cause. Always check your specific policy The Importance of Understanding Your Homeowners Insurance Policy Homeowners insurance provides valuable […]
What Type of Home Insurance Has Lowest Premium?
Question: What Type of Home Insurance Has Lowest Premium? Answer: There’s no single “lowest premium” insurance type. Premiums are determined by factors like your home’s value, location, coverage level, and your personal risk profile. However, basic, “named peril” policies usually offer the lowest premiums since they cover fewer risks compared to comprehensive “all-risk” policies. Factors […]
What is the Most Common Deductible On Homeowners Insurance?
Question: What is the Most Common Deductible On Homeowners Insurance? Answer: The most common deductible for homeowners insurance is $1,000. This amount is often considered a good balance between affordability and coverage. Understanding Homeowners Insurance Deductibles Homeowners insurance is a crucial aspect of safeguarding your property and financial well-being. When you file a claim, you […]
What is the Most Common Form of Homeowners Insurance?
Question: What is the Most Common Form of Homeowners Insurance? Answer: The most common form of homeowners insurance is comprehensive insurance. It provides all-risk coverage for both the structure of the home and its contents, offering protection against a variety of perils, except for exclusions specified in the policy. Understanding the Basics of Homeowners Insurance […]
What is the Most Basic Homeowners Insurance?
Question: What is the Most Basic Homeowners Insurance in Canada? Answer: The most basic homeowners insurance in Canada is a named-perils policy. It covers specific risks like fire, theft, and certain weather-related damages, but it excludes more comprehensive protections, providing limited coverage tailored to listed risks only. Protecting Your Investment: Understanding the Basics of Homeowners […]
What is Included in Contents Insurance?
Question: What is Included in Contents Insurance? Answer: Contents insurance includes covererage of your personal belongings against damage or loss due to various perils, such as fire, theft, flooding, and accidental damage. This includes furniture, electronics, clothing, jewelry, and other valuables within your home or rented property. Protecting Your Belongings: An Overview of Contents Insurance […]
What is the Difference Between Standard And Comprehensive Home Insurance?
Question: What is the Difference Between Standard And Comprehensive Home Insurance? Answer: The differences between standard and comprehensive home insurance include: Standard home insurance provides basic coverage for damage to your home’s structure and personal belongings due to common perils like fire, theft, and vandalism. Comprehensive home insurance offers broader coverage, including protection against additional […]
What Insurance is the Most Commonly Purchased Homeowners Insurance?
Question: What Insurance is the Most Commonly Purchased Homeowners Insurance ? Answer: The most commonly purchased homeowners insurance is comprehensive insurance. This policy covers both the home and its contents against a wide range of risks, except for exclusions specifically listed in the policy, making it a popular choice for homeowners seeking broad protection. Understanding […]
