Declare your property’s 2025 occupancy status by April 30, 2026.
The Vacant Home Tax (VHT) program requires homeowners in Toronto to let the City know if their property is occupied or vacant by making a declaration every year. The goal of the program is to increase the supply of housing by encouraging owners of vacant residential properties to sell them or rent them out. Owners who choose to keep their properties vacant are subject to a tax, with the revenue allocated to affordable housing initiatives.
For more information visit: City of Toronto Vacant Home Tax
This Brampton landlord 'can't sleep at night' after his tenant stopped paying rent and won't leave
Tenant was recently ordered to pay another landlord who also said she's owed for unpaid rent
Source: CBC News
When you fail to properly screen prospective tenants for your income property, you're asking for problems before you even begin.
The article linked above is just one of hundreds of examples that can easily be found online. In this case, the story describes the problems and financial damage experienced by two different landlords — involving the same tenant.
The author speaks with a lawyer who specializes in representing landlords and who also previously served as an adjudicator with the Landlord and Tenant Board. His advice to new landlords is simple: have a professional screening agency review a prospective tenant’s background before a lease is ever signed.
That is very, very good advice indeed.
NAVIGATION
CONTACT US
Speedy Rental Agency Inc.
Property Management
Director / Rhonda Lewis
office@speedyrental.ca
Office: 905-771-7633
Head Office: Scarborough ON M1L 3L1
Branch Office: Toronto ON M6H 3C7
