Irina Reznik, your Real Estate Broker

09/17/2022

05/05/2021

Owing investment home in the east end of Barrie? You might be hit with $600 licencing fee 👇🏻

Barrie would require absentee landlords to obtain a business licence before renting out a single-family home, a semi-detached home or a townhouse unless the owner lives on the premise.

04/22/2021

Great news for landlords and homeowners! Comes summer 2021, you might be eligible to receive $40K interest-free loan to cover the cost of a furnace or windows replacement or other approved renos. .. details and links 👇🏻

40K interest-free loans for major renovations and 1% vacant-home-tax

10/02/2020

YOUR REAL ESTATE BUSINESS CHANGED!
The new measures align real estate brokerages and professionals with modern business practices:
🔊 allows real estate professionals to incorporate and be paid through Personal Real Estate Corporations;
🔊 will implement regulatory changes to give consumers more choice in the purchase and sale process and improve the information they receive about what a real estate professional and brokerage must do for them.

The Ontario government announced the first phase of regulatory changes related to the Trust in Real Estate Services Act, 2020 (TRESA). TRESA updates the Real Estate and Business Brokers Act, 2002, and sets out rules that govern Ontario's real estate sal

07/24/2020

WHAT LANDLORDS & TENANTS NEED TO KNOW ABOUT BILL 184:

The new legislation officially passed on July 22, 2020, and received Royal Assent. The changes will apply retroactively to March 17th, 2020. The legislation, which updates the Residential Tenancies Act, 2006 and Housing Services Act, 2011, will make it easier to resolve disputes between landlords and tenants.

Here are some important points from Bill 184:

👉🏻Landlords are now required to compensate the tenant in the amount of one month's rent for "no-fault" evictions;

👉🏻In addition, landlords must compensate a tenant in the amount equal to one month’s rent or offer the tenant another rental unit acceptable to the tenant if, the tenant receives notice of termination of the tenancy for the purposes of demolition or conversion to non-residential use. This rule also applies to the residential complex containing fewer than five residential units;

👉🏻The Board may order up to 12-month rent in compensation for eviction notices issued in bad faith or where the landlord does not allow the tenant to move back in after renovations or repairs;

👉🏻Maximum fine amounts for offences under the Act are doubled to $50,000 for an individual and $250,000 for a corporation.

👉🏻If a landlord brings an application for an order evicting a tenant based on unpaid rent arising from the period beginning on March 17, 2020, and ending on the prescribed date, the Board shall consider whether the landlord has attempted to negotiate an agreement with the tenant including terms of payment for the tenant’s arrears;

👉🏻The Board may order a tenant or former tenant to pay compensation to the landlord for the use and occupation of the rental unit after a notice of termination or an agreement to terminate the tenancy has taken effect if, the tenant or former tenant is or was in possession of the rental unit after the termination of the tenancy;

👉🏻The Board may order a tenant or former tenant to pay compensation to the landlord for the unpaid utilities that the tenant was required to pay under the terms of the tenancy agreement, while the tenant or former tenant is or was in possession of the rental unit. The costs referred are reasonable out-of-pocket expenses that the landlord has incurred or will incur as a result of a tenant’s or former tenant’s failure to pay utility costs that they were required to pay under the terms of the tenancy agreement;

👉🏻The Board may order a tenant or former tenant to pay compensation to the landlord reasonable costs that the landlord has incurred or will incur for the repair of or, where repairing is not reasonable, the replacement of damaged property while the tenant or former tenant is or was in possession of the rental unit, the tenant or former tenant, another occupant of the rental unit or a person permitted in the residential complex by the tenant or former tenant wilfully or negligently causes or caused undue damage to the rental unit or the residential complex;

👉🏻An increase in rent is deemed not to be void if the tenant has paid the increased rent in respect of each rental period for at least 12 consecutive months;

👉🏻The Act does not apply with respect to a rental unit that is a site on which a land lease home is located, if the rental unit is owned by an employer and is provided to an employee, or to an employee and the employee’s spouse, in connection with the employee’s employment

07/16/2020

Markham Fire and York Regional Police are on scene between Major Makenzie Drive and Elgin Mills in Markham, for a major barn fire. Drivers are asked to avoid the area.

Markham Fire and York Regional Police on scene at Major Mackenzie Drive and Elgin Mills for major barn fire

07/10/2020

Wearing masks will be mandatory in York Region from July 17 to Nov. 30.
Exemptions will be made for children younger than 5 and anyone with medical conditions and special needs.

Policy will take effect July 17, remain until Nov. 30

07/03/2020

The Toronto Police Services Parking Enforcement unit (TPS Parking) has announced that the city resumes enforcing parking rules regularly. The rules started to go into effect on Thursday, July 2.

Apply for or renew your on-street, off-street or temporary parking permit and learn more about car-sharing programs and parking regulations in Toronto.

06/24/2020

June 23, Ontario Introduced New Math Curriculum for Elementary Students.
The Ministry of Education is also changing how it makes curriculum available to better reflect how Ontarians consume information. The new math curriculum will be the first uploaded to the new Curriculum and Resources website.
Save the link 👇🏻

We're working on transitioning curriculum to the new digital format. You can still access all elementary curriculum documents here.

06/01/2020

The Ontario government, in partnership with the federal government, has launched the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. Find out how much rent support you may be eligible for.

Support for small business tenants and landlords is now available through CECRA

05/14/2020

Ontario starts its stage-one-reopening

Some outdoor and recreational activities will also get the green light to commence, with golf courses and driving ranges, cycling tracks, recreational services at marinas and rod and gun clubs poised to reopen.