All residential property owners in Toronto will be required to submit a declaration of their property’s occupancy status for the previous year. The deadline to declare a property’s 2022 occupancy status is February 2, 2023. The online declaration portal will open in mid-December 2022.
For more information go here: Vacant Home Tax – City of Toronto
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.
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.
For more information on this new lease click here;
http://www.mah.gov.on.ca/Page18704.aspx
To download the new lease click here;