News
Stay up-to-date with latest Toronto real estate market news.
What Tenants Need to Know When Renting in Toronto in 2023
The tenant vetting process has become an increasingly important part of the rental process…
Is Tenant Insurance a Requirement in Ontario?
Although tenant insurance is not a mandatory requirement for renting a property in Ontario, it is becoming increasingly common among landlords to ask for it…
Rising Interest Rates Pose Vulnerabilities for CRE Market
For many, the recent increase in interest rates did not come as a surprise. Altus Group's investment trends survey participants predicted an uptick of 75 basis points (bps) and anticipated further increase before the end of the year…
What You Need to Know About the Ongoing Bidding Wars on Toronto’s Rental Properties
As we continue to see high demand and low supply for the Toronto rental market, many issues arise as tenants seek a new place to call home. With job relocations and the school year in full swing, the competition amongst renters has become increasingly tense, leading to bidding wars…
Westhaven Group: Helping You Aspire Success and Achieve Results
Westhaven Group– a 360 approach to real estate investment, development, management and intelligence.
What You Need to Consider When Selecting a Property Management Company
We're sharing four must-know tips that will help you determine whether or not the services that your property manager provides are suitable for you…
Ontario Caps 2023 Residential Rent Increase Guideline at 2.5 Percent
To continue providing affordable housing for Ontarians, the provincial government has recently announced the 2023 rent increase guideline of 2.5 percent, below current inflation rates…
4 Must-Know Summer Tips for Tenants
Summertime is in full swing, and if you’re like us, we couldn’t be happier. With the rising temperatures come responsibilities your tenants must tend to to make the summer season as enjoyable as possible.
Why Property Management is Important for Tenants and Landlords
With the increase of investors and homeowners looking to lease their properties in Ontario, property management is key to ensuring that an investment is maintained and well convened...
Residential Tenant Rights in Ontario: Air Conditioning
Summertime in Canada is what many Canadians spend eight months waiting for. Although short, there is no doubt that the summer months bring with them intense and sometimes unbearable heat…
2022 Toronto Rental Market Growth
As we approach the midway mark of 2022, it has become evident that the rental market in Toronto has grown exponentially compared to the market during 2020 and 2021.
8 Important Questions to Ask When Leasing in Toronto
As a tenant, it is vital to understand your obligations and those of your landlord throughout your tenancy.
Do Move-In Incentives Create More Appeal For Renters?
As we’re making our way through 2022, we’ve seen the rental market experience high demand with little to no inventory.
Abandonment of a Rental Unit
As a landlord of a rental property, it is not uncommon for issues to arise, including the possibility of a tenant abandoning your rental unit.
The Benefits of Renting with Westhaven
At Westhaven, we offer several rental properties for both residential and commercial tenants.
Tribunals Ontario Launches “Tribunals Ontario Portal”
Tribunals Ontario has recently launched the Tribunals Ontario Portal—a new case management system that will transform the way tenants and landlords engage with tribunals.
How Toronto’s Rental Market is Kicking Off 2022
There has been a consistent rise in demand for rental properties across the GTA, with Real Estate Market Analysis reports showing that vacancy rates are decreasing significantly compared to the previous 2021 quarter…
Ontario Pilot Program to Cover Industrial Site Approval Costs
Private landowners or municipalities could be reimbursed for 50 percent.