Canada’s one stop platform and the #1 National voice to the rental housing industry

Real Estate Law

Ontario landlords aren’t the problem, the Landlord and Tenant Board is

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

Ontario landlords aren’t the problem, the Landlord and Tenant Board is

Adam Kitchener is a landlord with properties in Ontario. He has provided affordable housing to over 150 families including 60 refugees. He has also repositioned several large struggling multifamily complexes and works for landlords to provide quality housing across Ontario. Despite what you might have seen In the media, most landlords aren’t raising rents in a get-rich quick scheme. In fact, in today’s rental climate, many landlords of small- to medium-sized properties are barely breaking...

read more

Federal ministers mandate letters released – capital gains review to proceed

Posted in Appointments, Bylaws / Regulations, Communications, Development, Employment, Finance, Health & Safety, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tax Law, Tenancy Law, Utility Management

Federal ministers mandate letters released – capital gains review to proceed

On Friday, December 13, 2019, the federal government published the mandate letters given to the new (and re-appointed) cabinet ministers. This CFAA Newsletter addresses the elements of those letters which are the most important to rental housing providers. These fall into three areas, namely housing policy and programs, tax policy and programs and energy regulations and programs.  Those areas are addressed by five ministers. The mandate letter to the Minister of Finance strongly suggests that...

read more

‘Missing middle’ key to solving housing affordability, experts say

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Newsworthy, Real Estate Law, Tax Law

‘Missing middle’ key to solving housing affordability, experts say

With real estate markets continuing to heat up across the country, there are few topics hotter in Canada today than housing affordability. Just recently, the Liberal government put affordable housing at the core of its agenda, and the City of Toronto announced a $24-billion housing action plan which aims to build some 40,000 new dwellings over the next 10 years. For Councillor Ana Bailão, housing is more than just a hot policy topic: It’s a human right. The deputy mayor of Toronto urged...

read more

LTB Monetary Jurisdiction Increasing in New Year

Posted in Bylaws / Regulations, Communications, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tenancy Law

LTB Monetary Jurisdiction Increasing in New Year

As of January 1, 2020, the maximum amount that may be claimed in Small Claims Court will increase from $25,000 to $35,000. Because the Landlord and Tenant Board’s (the “LTB”) monetary jurisdiction is equivalent to that of the Small Claims Court, the LTB’s jurisdiction will also be increasing from $25,000 to $35,000. A claim that was filed with the LTB before January 1, 2020 will continue to be limited to $25,000. Landlords who have large damage claims or rent arrears...

read more

Backyard Suites Get Fresh Boost In Calgary

Posted in Appraisal, Bylaws / Regulations, Communications, Housing, Industry Trends, Newsworthy, Real Estate Law, Suite Renovations, Tenancy Law

Backyard Suites Get Fresh Boost In Calgary

Enlivening drab alleys with gentle density. Think for a second about Calgary’s alleys—home to blue, green and black bins, but not much else. I used to live in an apartment building that shared an alley with a backyard suite. This one small structure, and the coming and going of its tenant, shifted a space typically designated for cars and garbage. Sometimes called laneway houses, carriage houses, garden suites or garage suites, backyard suites are secondary residences located behind or...

read more

Short-term rental rules eyed

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

Short-term rental rules eyed

Sarnia is considering beefing up regulations for short-term rentals, amid a situation one councillor says is eating into local long-term housing supply and disrupting neighbourhoods. Sarnia is considering beefing up regulations for short-term rentals amid a situation one councillor says is eating into the local long-term housing supply and disrupting neighbourhoods. “A lot of communities have jumped on this issue, and they recognize it as a massive problem,” said Coun. Bill Dennis. Locally, he...

read more

Empty Garages: The Answer to California’s Housing Shortage?

Posted in Appraisal, Bylaws / Regulations, Communications, Development, Finance, Housing, Industry Trends, Newsworthy, Real Estate Law, Suite Renovations, Tenancy Law

Empty Garages: The Answer to California’s Housing Shortage?

“Steps from USC campus, a modern, newly built detached studio apartment. Full kitchen w/ brand-new gas stove, dishwasher. Washer/dryer, full bath, a/c, bedroom nook, ready-to-go entertainment hookups. Scandinavian design appeal. Walking distance to L.A. Metro. $1,400/month.” A dream Los Angeles rental listing? At 20 percent below market, in a neighborhood where the alternative is a 70-year-old building with a coin-operated laundry? It’s not reality yet, but it will be soon. Construction will...

read more

Developer offers Ottawa over $6m in lieu of affordable housing

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Legislation, Newsworthy, Real Estate Law

Developer offers Ottawa over $6m in lieu of affordable housing

Trinity Development Group has agreed to pay Ottawa more than $6 million toward future affordable housing, but it’s unlikely that any of those units will be in what will become the city’s tallest building. The project, which has been approved by the city council, will have 1,200 units in three towers, the tallest of which will be 65 storeys. The complex will be located where the two O-Train lines merge at Bayview station. When the zoning was being debated last year, Somerset Councillor...

read more

ELECTION: How the parties’ housing promises stack up (VIDEO)

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Employment, Finance, Housing, Industry Trends, Newsworthy, Real Estate Law, Tax Law, Tenancy Law

ELECTION: How the parties’ housing promises stack up (VIDEO)

Housing has emerged as a hot-button topic in the federal election campaign, with party leaders unleashing a slew of headline-grabbing promises over the last few weeks.   The so-called B-20 mortgage stress test, an incentive aimed at helping first-time buyers, and an update to the RRSP Home Buyers’ Plan are among measures that have been introduced since the current Liberal government came into power in 2015. But affordability is still top of mind in the lead-up to the Oct. 21 vote, especially...

read more

Soaring rents and house prices in Canadian cities make housing a key election issue

Posted in Appraisal, Bylaws / Regulations, Communications, Development, Finance, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tenancy Law

Soaring rents and house prices in Canadian cities make housing a key election issue

Federal parties roll out their strategies to help urban Canadians keep housing costs in check. Jeff Gallant lived in his new home just 17 days before the For Sale sign went up. Soon after the single dad rented the house, it was sold and the new owners sent him notice of a major renovation that would force Gallant and his two young children to leave. A similar thing occurred at his previous place, and it’s happening to so many renters in Charlottetown that a new term has been born:...

read more