Currently Browsing: Landlords and tenants

Toronto homeowner fined $10,000 for using agencies like Airbnb

Toronto homeowner fined $10,000 for using agencies like Airbnb
Justice of the peace wants to send message to stop short-term rentals. The defendant was “thumbing his nose at the community and the city,” he said. An empty wine box sits on the street in front of the house 5 Glenelia Ave. last March. The house was a notorious destination for short-term renters and the owners have been fined $10,000 for violating Toronto bylaws. A justice of the peace has imposed a $10,000 fine on the owner of a Willowdale home who violated city bylaws by accepting short-term renters, often using web sites such as Airbnb to find them. Justice of the Peace Gerry Altobello rejected...
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How to hold onto good tenants

How to hold onto good tenants
So can you keep great tenants from leaving in the first place? “Definitely,” says Brent Mondoux, who has been investing in the Ottawa area for a number of years. “Some of the keys to holding on to our great tenants are by going back to the basics and simply treating them with respect.” Moudoux has had a relatively low turnover in properties himself, and has forged good relationships with most of them, although he’s quick to point out that business is business when it comes down to things like missed or late payments. He recommends having a preventive system in place that will make payment a...
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