Novus Property Management
1400-10 King Street E M5C 1C3 Toronto, ON, Canada

The Toronto rental market is at an all time high. Are you getting the most out of your investment? Give Novus a call and let us ensure you are. .

Reminder: All Landlords Effective April 30th ALL Residential Leases must be done on a standard lease form. If you have any questions please feel free to contact us.

Condo Rents up over 10% in Q1. Avg Toronto condo now a little over $2200.00 per month. https://www.businesstimes.com.sg//condo-rents-in-toronto-j

Have you recently closed or taken occupancy of a new build condo unit and plan to lease it out? Are you aware of the New Residential Rental Program (NRRP). Did you know you may be eligible for a HST rebate? Are you one of the following: 1. landlord who purchased a newly constructed or substantially renovated residential rental property... 2. landlord who built your own residential rental property 3. landlord who made an addition to a multiple-unit residential rental complex. If you can provide minimum a 1 yr lease you may be eligible for rebate and you have up to 2 yrs to file. Unfortunately less than 10% of investors file. If you have any questions please feel free to contact us we're here to help. Please find attached link to form and further info. https://www.canada.ca//gst-hst-new-residential-rental-prop

Make sure you're on top of your real estate investment. We've been hearing more and more stories of tenants putting up units on airbnb. Not only is this practice illegal but you the owners will be held responsible for any damages or board imposed fines. If you don't have the time to check up on your investment now may be the time to higher a property manager. http://www.cbc.ca//condo-rentals-airbnb-investigation-1.45