• Ontario Rent Increase Guideline 2019

    2019 Rent Increase Guideline for Ontario

    The Ontario Rent Increase Guideline is set at 1.8% for 2019. If you are a landlord in Ontario, you can only increase rent every 12 month period, you must provide at least 90 days notice to your tenant in writing via the N1 form.

  • Toronto Real Estate Market Stats May 2018

    The Toronto Real Estate Board has reported a 22-per-cent drop in the number of homes sold in GTA in May 2018 compared to May 2017 and a 26-per-cent decline in new listings of homes for sale, both statistic suggestive that consumers are still on the sidelines waiting for evidence of recovery in the GTA market. The decline in listings is helping keep prices stable with the average selling price rising 1.1 per cent in May compared to April on a seasonally adjusted basis. Compared to May 2017, prices for homes of all types were down 6.6 per cent in May 2018.

    “Market conditions are becoming tighter in the Greater Toronto Area and this will provide support for home prices as we move through the second half of 2018 and into 2019,” said Jason Mercer, TREB’s director of market analysis. Mr. Mercer said there are emerging indications that there is increasing competition and bidding wars for available homes, which generally leads to stronger price growth.

    Real Estate Market Stats May 2018

  • April 2018 Market Stats

    Toronto Real Estate Market Stats April 2018

    Sales through the TREB MLS in April 2018 on a year-over-year basis were down by just over 32 per cent. Compared to April 2017, which had the highest average sale price on record for the Board, April 2018’s average selling price was down by 12.4 per cent. April’s average sales price was 0.2 per cent below the average sales price in March this year.

    The month-to-month sales numbers suggest a leveling over the past two months from the drops seen in January and February of this year, and might further indicate that the impact of the tougher new mortgage qualification rules introduced January 1st may already be moderating.

  • Mandatory New Lease Template for Toronto Ontario Landlords and Tenants

    It’s Monday April 30th 2018 and starting today, any new lease agreement must use the new Ontario Standard Lease template introduced and provided by the Ontario Government. 

    If you are a landlord in Ontario, you must start using this new lease template. If you are a tenant and about to start a new tenancy, ensure that the lease you are about to sign is the new Ontario Standard Lease template.

    Ontario Standard Lease Sample

    For more information on this new lease click here; 


    To download the new lease click here; 


  • Coming Soon

    There is a lot happening behind the scenes so come back soon.

    In the meantime, if you are looking to buy a home or condo in the greater Toronto area or just have some questions please send me a note via the contact form or give me call.