Introduction: Ontario’s tenant-landlord laws have undergone significant updates in 2025, affecting both parties in the rental market. Understanding these changes is crucial for compliance and maintaining positive relationships. Key Changes: Rent Increase Limits: The 2025 guideline caps rent increases at 2.5%, with exemptions for new builds and certain other properties. Eviction...
Introduction: Apartment building management is evolving rapidly, driven by technological advancements, changing tenant expectations, and a focus on sustainability. Here are the top trends shaping the industry in 2024 and beyond. Key Trends: Smart Technology Integration: Features like smart thermostats, lighting, and security systems are becoming standard. Sustainability: Eco-friendly designs,...
Introduction: Ontario’s government has introduced new policies to address housing affordability and supply, directly impacting multi-family property owners. Staying informed is crucial for navigating these changes. Key Updates: Housing Supply Goals: The province aims to build 1.5 million new housing units by 2031, including student and retirement housing. Rent Control Guidelines: The 2025 rent...
Introduction: The GTA’s multi-family housing market is experiencing a generational shift, with long-time property owners opting to sell. This trend is reshaping the industry and creating opportunities for new investors. Reasons for Selling: Aging Owners: Many owners from the Baby Boomer generation are retiring and looking to liquidate their assets. Rising Costs: Increased property taxes,...
Housing in Ontario / The Canadian Mortgage and Housing Corporation (CMHC) introduced significant policy changes in November 2024, affecting developers, lenders, and investors in the multi-family housing sector. These changes aim to improve affordability, sustainability, and financial stability in the housing market. As we move into 2025, recent updates from the Canada Mortgage and Housing...
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