In a market where a one-bedroom in Vancouver averages $2,800 a month and Toronto sits at $2,500, the pressure to lock down a rental before someone else does is real. Signing a lease over the phone — without seeing the unit, meeting the landlord, or reading the fine print — is how renters end up stuck with problems they could
In 2026, a growing number of empty nesters in Canada’s biggest cities are selling the family home and moving into something smaller. The numbers explain why. Toronto lost more than 77,000 residents to internal migration between 2024 and 2025, and the country recorded its first year-over-year population decline since the Second World War. For homeowners whose children have moved out,
Rent in Canada is typically due on the first of the month, and the landlord expects the full amount regardless of whether your roommate is still living there. If you’re both on the same lease, you’re on the hook for the whole rent — even if the other person packed up and left without a word. A 2024 LTB case
Nearly half of prospective Canadian buyers — 45 percent — now plan to buy a recreational property as their first foothold in the housing market. That single figure signals a shift that most buyers, agents, and even lenders are still catching up to. The traditional starter home — a modest suburban house or urban condo — has become out of
Canada’s rental vacancy rate sat at just 1.5% in 2023, with Toronto hitting 1.4% — the tightest market in decades. That means landlords can usually re-rent a unit fast, which is the single most important thing to know if you’re thinking about breaking a lease. But provincial law, not market conditions, decides how much you actually owe when you leave
In 2022, an estimated 1.4 million Canadian households did not have access to quality housing, and a November 2023 report from the Office of the Federal Housing Advocate found the country is short of roughly 4.4 million affordable homes. That gap between supply and demand is why apartment waitlists aren’t just long — they’re getting longer. Disclosure: Some links on
Renters in Toronto are facing a market where the company that owns the building can matter more than the location or size of the unit. A study of roughly 1,600 apartment buildings in the Greater Toronto Area found that corporate landlords charged rents 44 per cent higher than the average for the same housing types with other landlords between 2022
You find a listing online. The photos are sharp. The kitchen is staged. The living room floods with afternoon light. It looks like a no-brainer. Then the buyer visits, walks through, and walks away. Not because of anything wrong with the home — but because the market has changed the rules of the game. In 2026, a growing number of
In Vancouver, owning a home costs $2,440 more per month than renting one. In Toronto, the monthly premium to own runs $2,420. These aren’t isolated cases. A growing number of Canadian cities now show a clear financial edge for renters, and the list keeps getting longer. Only two cities in the country — Regina and Winnipeg — still make buying
In British Columbia, a landlord can enter your rental unit for a condition inspection once a month—with written notice between 24 hours and 30 days in advance, between 8 a.m. and 9 p.m. That single inspection can set off a chain of consequences that many tenants don’t see coming. Disclosure: Some links on this page are affiliate links. If you
About 60% of outstanding Canadian mortgages — roughly 1.2 million loans — will renew by the end of 2026, according to the Bank of Canada. Many of those were locked in at 1% to 2% during the pandemic and are now rolling over at 4% to 5%. For a landlord with a $400,000 mortgage, that means an extra $400 to
The average Canadian condo corporation saw its insurance premium jump by 40 per cent in 2020. That figure from ACERA captures a trend that has only accelerated since. When you combine rising construction costs, a global reinsurance pullback, and back-to-back years of record wildfire and flood damage, the result is a condo insurance market that confuses owners and investors alike.
