You may already know the answer to this question! If you are too busy with other things in life such as managing business obligations, having personal responsibilities, or simply want to reduce stress, you need a property manager. Often, landlords want a third party to work with tenants when relationships are not as good as they should be.
A company should be selected by the ability of it to offer the services needed by the Owner. Some owners are very good at repairs and maintaining the property, but either unable or unwilling to deal with the tenants. The opposite may also be true. At Alitima, we can be full service, or design a management program to meet specific needs.
The ban on evictions during the spring and part of the summer has been lifted. However, landlords are advised to refer to Bill 184 which makes several amendments to the Residential Tenancies Act. The Bill also implemented laws that fall outside the RTO
The rent can be raised once every 12 months provided the tenant has be served with an N2 90 days prior to last date of an increase. The Ontario government has put a moratorium on rent increases for the year 2021.