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Canadian Apartment Magazine

Average annual rent increases cooled slightly in May 

The average annual rent for vacated units in Canada rose 6.5 per cent in May, marking the lowest annual increase since December 2021.
Nova Scotia residential tenancy

Canadian Apartment Magazine

Getting creative with rent collection

Landlords already have a lot to worry about, be it lease audits, back-office accounting, budgeting, and forecasting. As such, they need to find creative ways to keep finances strong while maintaining positive tenant relations.

Canadian Apartment Magazine

Strong GTA rent growth continues into Q3

GTA condo rent climbed 9.4 per cent in Q3-2018 to an average of $3.26 per square foot, according to Urbanation’s Q3-2018 rental market results.

CondoBusiness

Home ownership more affordable than renting: report

According to a new Mortgage Professionals Canada report, the soaring cost of rent is making home ownership more cost effective, now and in the future.

CondoBusiness

GTA condo rents climb 12 per cent year-over-year

Urbanation has released its year-end 2016 rental results which find that condo rent in the former City of Toronto has increased an average of 12 per cent year-over-year.
REMI

CondoBusiness

Soaring home prices in GTA cause rent increases

The average cost to rent a condo in the Greater Toronto Area (GTA) has increased 6.8 per cent year-over-year to $2.53 per square foot, according

Canadian Apartment Magazine

Average cost to rent an apartment in Canada

Rentseeker.ca, Canada’s leading apartment finder and real estate listing website, recently published its Fall 2015 infographic featuring the average cost to rent an apartment throughout Canada. Broken

Canadian Apartment Magazine

Ontario landlords face fire code violation charges

Earlier this month, the Ontario Court of Justice found two St. Catharines landlords guilty of violating fire code at their apartment building on Maple Street. In reaction to the incident, the city of St. Catharines is warning other landlords to ensure their buildings comply with the Ontario Fire Code or they too will face hefty fines.

Canadian Apartment Magazine

Windsor has cheapest bachelor rents: Rentseeker

According to a recent infographic from Rentseeker, the cheapest major city in Canada in which to rent a bachelor apartment is Windsor, Ont. ($518). The infographic, which is based on data from the Canada Mortgage and Housing Corporation (CMHC), illustrates the average pricing and vacancy rates of rental apartments in cities across Canada.

Canadian Facility Management & Design

New app allows users to rent hourly workspaces

A new smartphone application, known as “Breather,” allows users to rent workspace in busy urban centres on an hourly basis, a concept only starting to gain momentum in Canada. Founders Julien Smith and Caterina Rizzi hope to capitalize on the growing trend of self-employed or work-from-home employees.

Canadian Apartment Magazine

B.C. keeps allowable rent increase low

The Government of British Columbia is keeping the allowable rent increase for residential tenancies at 2.5 per cent for 2015. This means no change from the rate established in 2014. By law, the rate of rent increase is calculated by a formula of two per cent plus the rate of inflation.

Canadian Property Management

Ontario’s cottage rental market evolving

Property managers say demands are shifting in Ontario’s cottage rental market. Today many renters expect a resort-like atmosphere.

Canadian Apartment Magazine

Apartment rentals rise in slow housing market

Apartment rentals are going up in the U.S. amidst a slow housing market. But experts question whether the same trend is occurring in Canada.

CondoBusiness

Toronto condo renters to form association

The Federation of Metro Tenants’ Associations (FMTA) is reaching out to Toronto condo renters in an effort to help them form their own association.

Canadian Property Management

Market conditions driving B.C. rental properties

Low vacancy rates, high real estate prices and an aging building stock are driving a renaissance in new purpose-built B.C. rental properties.

CondoBusiness

The line between a condo and a rental building

In his book, The Condo Bible, Dan Barnabic explains the problems associated with having too many rental units in condo buildings.

Canadian Apartment Magazine

How to keep apartment turnover times tight

Creating a plan can help landlords cut the time spent fixing up a unit, and the costs that come with a vacancy, when dealing with an apartment turnover.