Renting
Policy
Municipalities Must Monitor (And Tweak) Their Tenant Protection Policies
While Vancouver and Burnaby have created rigorous tenant protection policies, these approaches are new, and something of a housing experiment. As the redevelopments unfold, and tenants make use of their rights, the question of compliance will be put to the test, say experts.
Jul 19, 2024
Development Projects
DBS Developments Proposes 40-Storey Purpose-Built Rental Near Danforth And Main
A new 40-storey development proposed in early-March is moving forward with a Site Plan Approval for its East York development set to bring 546 new residential units to the neighbourhood.
Renting
Pinemount Brings Premium Purpose-Built Rental To North York With ‘The Hawthorne’
‘The Hawthorne’ will bring 170 new rental units to North York, which Pinemount’s Oren Turkienicz describes as a “really strong market that needs good, well-designed housing.”
Renting
Amid Rising Rental Popularity, This Property Management Group Is Ahead Of The Curve
"We understand that when rentals are high quality, the customer service and overall offering has to meet that quality.” Oren Turkienicz, CEO of Holt Meadow, explains what sets the property management group apart.
Newly Listed Trinity Bellwoods Modern Serves Sleek Sophistication
In the heart of the Trinity Bellwoods neighbourhood, a stunning family home (meets architectural feat) is waiting to be fallen for.
Renting
Average Canadian Rents Drop In June After Record-Breaking May
Month-over-month, the (very slight) decrease actually represented the largest decline since early 2021 – during the pandemic – and defies the typical summer trend of rising rents.
Renting
Brampton Announces Fines Up To $1,200 For Unlicensed Landlords
Landlords that fail to comply with the city’s rental licensing pilot will face a $600 fine for first offences, a $900 fine for second offences, and a $1,200 fine for third and subsequent offences.
Renting
Ontario Keeps Rent Cap At 2.5% For Third Year To “Protect Tenants”
A provincial announcement from Friday highlights that 2025’s cap represents the lowest rate in the country and comes in below the average inflation rate of 3.1%.
Policy
Toronto Passes Motion To Ban Renovictions
Toronto’s renters can rest a little easier, thanks to a new motion passed yesterday that cracks down on renovictions.
Renting
StatCan Finds Link Between Heat-Related Deaths And Rental Units
The research comes amid growing calls to mandate maximum temperatures in rental units.
Renting
Renter Report Shows Young Canadians Have Not Given Up On Homeownership
Despite stubborn financial hurdles, a new report from Royal LePage shows that many Canadians stuck in rental purgatory are still dreaming of homeownership, with younger-aged renters leading the charge.
Renting
Average Canadian Rent Hits Record-Breaking $2,200 Per Month
The record follows last month’s reported all-time high of $2,188, with average asking rents for all residential property types in Canada having increased 9.3% year-over-year in May, according to the latest national rent report from Rentals.ca and Urbanation.
Renting
‘A Deep-Rooted Focus’: Averton Enters Alberta And Ontario Purpose-Built Rental Markets
"We appreciate that the homes we build, and the communities we develop, are the backdrop to our customers’ everyday experiences," says Averton President and CEO Paul Lanni. "This is something we don’t take for granted, and the pursuit of excellence is what fuels us.”
Renting
Average Canadian Rent Has Shot Up 32% Since ‘Pandemic Low’
In his analysis of the latest data, Urbanation President Shaun Hildebrand remarks that “the rental market in Canada has become increasingly fragmented, with expensive cities seeing rents soften and affordable markets experiencing a continued rapid escalation.”
Load more