rent

TORONTO STARA new proposal for the multi-decade revitalization of Lawrence Heights could see 230 new affordable rental units added over the next 17 years at an estimated cost of more than $90 million, with some city officials pushing…

Rents for one- and two-bedroom apartments and condominium rentals continue their downward trend year over year, while the average rent for all Canadian properties has remained the same the last four months, according to Rentals.ca’s and…

Office vacancies are rising in Canada and could soar higher in the coming months as a second wave of the pandemic extends the mass exodus of workers from office towers and communal workspaces.Exacerbating the situation is an increase in…

VANCOUVER — Airbnb is launching a new program for cities and tourist organizations aimed at helping them ensure compliance with local rules.Vancouver and Calgary are among the 10 North American cities included in the new portal, which…

OTTAWA — A federal spending watchdog says a program aiming to providing rent relief to small and medium-sized businesses will cost just under $1 billion this fiscal year.The report this morning from the parliamentary budget officer says…

VANCOUVER — Rental prices have dipped and landlords are facing stiffer competition for tenants in Canada's two hottest housing markets in the fallout from the COVID-19 pandemic.It seems like a renter's market in Toronto and Vancouver…

TORONTO – Ontario says it will introduce legislation this fall to freeze rent for some families next year.Municipal Affairs Minister Steve Clark's office says in a statement that the proposed rent increase for 2021 was to have been 1.5…

Canada Mortgage and Housing Corp. is bracing for further impacts on the housing market from the COVID-19 pandemic.The housing market will have to reckon with significant short-term uncertainty, as well as falling housing demand from…

TORONTO — Landlords are lining up to sign Rees Nam and their partner as tenants, even though the two have already found an apartment in Toronto — a far cry from when Nam was last on the hunt, two years ago.Back then, it took a personal…

The average monthly rent for all Canadian properties listed on Rentals.ca in July was $1,771, up $1 over June but still down 8.1 percent year over year, according to Rentals.ca’s and Bullpen Research & Consulting’s latest National Rent…