Sara LeBlanc

As Toronto’s rental market continues to navigate economic shifts and evolving tenant needs in 2025, furnished multiplexes are emerging as a distinct opportunity for landlords. Unlike single-unit properties, multiplexes offer a unique blend of economies of scale and diversified income streams. Landlords can benefit from streamlined maintenance of common areas and shared amenities, which not only help to reduce per-unit operational costs but also provide a built-in cushion against market fluctuations through a diversified tenant base. The Overlooked Advantage of Furnished Multiplexes Many multiplex owners traditionally offer unfurnished units, often due to concerns about the upfront costs and maintenance associated

Toronto’s rental market in 2025 continues to evolve amid shifting tenant preferences and evolving economic conditions. However, one area of particular interest, as it counters other trends in Toronto, is furnished homes for rent. While Toronto’s overall rental market has seen a decline in unfurnished rents, the demand for furnished homes, especially in key urban neighbourhoods, has seen less of a decline, due to their appeal to a diverse tenant base, including corporate clients, international newcomers, and transient professionals. Market Overview and Current Trends Recent data from liv.rent’s January 2025 Toronto Rent Report indicates that, on a month-to-month basis, the

Toronto’s dynamic rental market has embraced the rise of furnished condo rentals, offering a versatile and turnkey living solution for professionals, newcomers, and those on temporary assignments. With the city’s robust economy and diverse neighbourhoods, furnished condos have become a popular choice for anyone seeking convenience without the hassle of furnishing an apartment.  Toronto’s rental market is as diverse as the city itself. Demand for well-equipped rental properties remains high, but there are options for those who are looking for them. Furnished condos have carved out a niche for those who value the ability to move in immediately, complete with

Toronto's dynamic housing market features a broad range of furnished rental options that provide flexibility and convenience. No matter how long you need to stay in Toronto, you'll find a rental property tailored to your lifestyle.  Benefits of Furnished Rentals Furnished rentals provide a turnkey living space that’s ideal for visitors, students, relocating professionals, and temporarily assigned employees. Even for longer leases, the cost and hassle of buying and then disposing of unwanted furniture can be significant. With a furnished rental, you avoid these expenses and complications while enjoying a ready-to-live-in space. Convenience With essential furniture, appliances, and sometimes even

Managing multiplexes calls for a distinct approach because these properties don’t fit into the categories of either conventional apartments or standalone houses. Multiplexes offer a unique combination: tenants typically enjoy more space, privacy, and autonomy, while sharing common spaces like hallways, laundry rooms, outdoor areas, or potentially other amenities. This blend of individual and communal living presents both unique challenges and opportunities for landlords.  Multiplexes occupy a unique middle ground between apartments and detached homes, offering several of the advantages of each. This hybrid appeal benefits both landlords and tenants. Landlords who play to the strengths of their multiplex properties

Marketing your home for rent in a competitive market like Toronto requires strategic approaches that go beyond just listing it on common platforms. To stand out and attract quality tenants quickly, it is crucial to leverage targeted marketing efforts, understand specific tenant needs, and position your property effectively.  Creating Detailed, Targeted Listings When crafting a description for your property, focus on what truly sets it apart, particularly features that are in high demand for Toronto tenants. For example, high-quality kitchen appliances, proximity to transit options, modern amenities, or a large outdoor space can be incredibly attractive selling points. More specific

Finding the right tenants in a competitive rental market like Toronto can make all the difference between a positive investment and a challenging landlord experience. With the right tenants, you can enjoy reliable income and the peace of mind that comes from knowing your tenants are responsible. In contrast, choosing the wrong tenants can lead to turnover, late payments, and property damage, creating a much more challenging landlord experience. Whether you're managing a single condo or a portfolio of rental properties, attracting and retaining high-quality tenants can optimize your rental income and minimize issues.  1. Know Your Target Tenant Demographic

Furnishing rental properties in Toronto can be a strategic move for landlords looking to maximize their rental income, attract higher-quality tenants, and reduce vacancy periods. However, it also requires careful planning and consideration of tenant demographics, rental market trends, and the operational challenges involved.  Why Furnish Your Rental Property? Furnished rentals in Toronto are increasingly popular, especially among certain tenant segments such as corporate travellers and young professionals who prioritize convenience and flexibility. By offering a fully furnished property, landlords can differentiate their listings, potentially leading to higher rental rates and shorter vacancy periods. Key Benefits of Furnished Rentals Landlords

The Toronto condo rental market remains one of the most dynamic segments of Canada's real estate landscape. Changing economic conditions, shifting tenant preferences, and the rise of furnished rentals are reshaping this market.  Market Trends The Toronto Regional Real Estate Board (TRREB) highlights growing opportunities in the GTA condominium market during Q3 2024, with conditions favouring future growth. The average condominium price in the Greater Toronto Area was $692,672, with the average price for a condo within the city of Toronto standing at $713,801. The TRREB report also indicates that the average rent for a one-bedroom condo in Toronto is

Property maintenance is a crucial responsibility for landlords in Toronto, directly impacting both tenant satisfaction and the long-term financial health of the property. By taking a proactive approach, landlords can significantly reduce future repair costs and avoid unexpected problems.  The degree of maintenance required for a rental property can be influenced by the type of rental the property is intended for, as well as other factors such as the condition of the property, its furnishings, and tenant expectations. Understanding these factors helps prepare landlords better, so they can maintain their properties efficiently, minimize long-term costs, and have satisfied tenants. General