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Bill 124, Rental Fairness Act 2017

Posted in Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Legal, Legislation, Maintenance, Newsworthy, Real Estate Law, Rent Control, Tenancy Law

Bill 124, Rental Fairness Act 2017

On April 20, 2017, Premier Wynne announced that at the first opportunity, the provincial government would introduce legislation that if passed (likely with a majority government) would expand Rent Control to all rental housing in Ontario.  This would specifically delete the “post-1991 exemption”. The first opportunity was Monday, April 24, 2017, and the provincial government introduced Bill 124, Rental Fairness Act 2017.  This legislation if (when) passed will amend key parts of the...

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City of Toronto’s New Apartment Building Bylaw Passed by City Council Effective July 1st, 2017

Posted in Bylaws / Regulations, Communications, Health & Safety, Housing, Industry Trends, Interior Building, Legislation, Maintenance, Newsworthy, Pest Control, Tenancy Law

City of Toronto’s New Apartment Building Bylaw Passed by City Council Effective July 1st, 2017

On March 29, 2017, Toronto’s City Council passed a new Apartment Building Management bylaw that will impact all multi-res buildings three stories or more and 10 or more units in Toronto. This regulatory bylaw, that comes into effect on July 1st, 2017, requires the registration of rental apartment buildings and the payment of annual per unit fees, imposes new standards to “improve” preventative and on-going maintenance and tenant communications, requires compliance with additional information...

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Condo dwellers fight the short-term rental boom in highrise neighbourhoods

Posted in Appraisal, Bylaws / Regulations, Communications, Health & Safety, Housing, Industry Trends, Insurance, Legal, Legislation, Maintenance, Newsworthy, Real Estate Law, Tenancy Law

Condo dwellers fight the short-term rental boom in highrise neighbourhoods

Security concerns, parties, crime and wear and tear on amenities have condo owners fighting back against services like Airbnb. Kahile Gondo has lived in her downtown condo for about five years. But even though it neighbours two of the busiest, most eclectic places in the city — the Eaton Centre and Yonge-Dundas Square — Gondo only recently began locking her unit door when she’s at home. “There’s 44 floors in this building with about 10 units on each and I’ve never had a sense something was...

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CFAA Awards Program 2017 Launches Today

Posted in Communications, Events, Housing, Industry Trends, Maintenance, Marketing, Newsworthy

CFAA Awards Program 2017 Launches Today

CFAA Rental Housing Awards 2017 After the successful roll-out of CFAA’s first-ever Rental Housing Awards Program in 2016, CFAA is happy to announce that applications are now being accepted for the 2017 Awards Program. This year’s categories are: Property Manager of the Year On-Site Employee of the Year Off-Site Employee of the Year New Rental Development of the Year Renovation of the Year New Product or Service of the Year (for CFAA Suppliers Council members) Association...

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Getting Your Tenants to Renew: Why They Stay, and How to Keep Them

Posted in Communications, Maintenance, Marketing, Suite Renovations

Getting Your Tenants to Renew: Why They Stay, and How to Keep Them

Let’s be honest: Filling a vacancy is a hassle. It takes time, it sometimes means losing out on rent, and it’s probably something you prefer to do as infrequently as possible. So if you have a good tenant, how do you get them to stay? While some factors are beyond your control, such as your renter relocating for a new job, there are several things you can do to keep your reliable tenant happy and eager to renew. Why renters stay Renters stay put for a number of reasons: They may prefer the...

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No Tricks! 8 Halloween Safety Tips for Your Rental Property

Posted in Exterior Building, Fire Safety, Health & Safety, Interior Building, Maintenance

No Tricks! 8 Halloween Safety Tips for Your Rental Property

Story by Jennifer Chan While Halloween is typically a night of festive fun, the increased foot traffic can bring some additional risks to your rental property. Before your tenants dole out the candy to little ghosts and witches, make sure your rental is ready. Here are eight Halloween safety tips to help protect your property and its visitors. 1. Clear walkways and sidewalks of leaves and debris Make sure any areas where trick-or-treaters tromp, including your sidewalk, driveway and walkways,...

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5 Multifamily Budgeting Myths Debunked

Posted in Communications, Finance, Housing, Maintenance, Technology

5 Multifamily Budgeting Myths Debunked

Story by: Christine Bright “Budgets were originally designed as control mechanisms. As such, they are traps …” Budgets are effective tools if implemented correctly. Understandably, they are large undertakings and require a lot of time and planning. The challenge is that good companies often create bad budgets, then compound a budget’s ineffectiveness by rigid standards and resistance to make good business decisions based on what’s been created. Bad budgets lead to operational deficiency, which...

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FRPO Successful In Supporting Appeal On Recovering Damage Costs

Posted in Association News, Bylaws / Regulations, Communications, Health & Safety, Housing, Industry Trends, Insurance, Interior Building, Legal, Legislation, Maintenance, Newsworthy, Real Estate Law, Tenancy Law

FRPO Successful In Supporting Appeal On Recovering Damage Costs

In a member bulletin from September 2015, we reported on a Small Claims Court decision (Finney v. Cepovski, 2015) that created significant confusion as to the appropriate legal venue for a property owner to seek recovery of the cost of damages done by a tenant to a rental unit. In this case, the rental housing provider discovered the tenant had caused, or allowed damage to be done to a rental unit, but it wasn’t discovered until after the tenant had moved out due to an eviction order...

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Quinte Landlords Join Forces with Quinte Conservation to Conserve Water

Posted in Communications, Industry Trends, Maintenance, Utility Management

Quinte Landlords Join Forces with Quinte Conservation to Conserve Water

The Quinte Landlords Association is challenging all landlords and tenants in the region to do their part in conserving water. The association has joined forces with Quinte Conservation to educate both landlords and the thousands of tenants in the region how to help conserve the local watershed. The association is distributing the conservation authorities’ water savings tip sheet to all of its members and asking that they be put in the hands of tenants. They are also calling on non-member...

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Limited Time Offer from Enbridge

Posted in Communications, Housing, HVAC / Mechanical, Interior Building, Maintenance, New Products, Rebates, Suite Renovations, Utility Management

Limited Time Offer from Enbridge

For a limited time, from June 15 – September 30, 2016 Enbridge Gas is offering Novitherm™ Heat Reflector Panels for an increased incentive of $0.40/m3 of gas saved—that’s four times our normal incentive—but you need to act now. To gain deeper energy savings, along with the Novitherm™ Heat Reflector Panels we are offering free low-flow showerheads. It’s a Win – Win. Enjoy two energy savings measures that will improve your bottom line while enhancing the comfort of your...

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