Reducing utility bills in multi-family properties benefits both landlords and tenants. Here are key ways to cut costs and improve energy efficiency: 1. Upgrade to Energy-Efficient AppliancesSwitching to Energy Star-rated appliances can lower electricity and water consumption, reducing utility bills for everyone. 2. Install Programmable ThermostatsSmart thermostats help control heating and...
Investing in Ontario’s real estate requires understanding key legal aspects, including ownership structures, zoning laws, and tax implications. Here’s a brief guide to what investors should know. 1. Ownership Structures Sole Ownership: One individual owns the property. Joint Tenancy: Two or more people share ownership, with automatic transfer upon death. Tenancy in Common: Ownership is...
Ontario’s housing market in 2025 is shaped by higher mortgage rates, evolving government policies, and ongoing supply shortages. Here’s what property owners, buyers, and investors can expect. 1. Mortgage RatesMortgage rates are expected to remain higher than previous years, affecting affordability for homebuyers. This may lead to greater demand for rental properties, particularly multi-family...
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