It's dog eat dog in the condo rental wars

[Tuscani01]

That's odd. Am I over assessed or is your condo much older than mine? I pay around $210/month on property taxes for 1+1, 4 yr old condo.

No idea... My condo is just over 1 year old. Its worth somewhere between $380 and $409

 

[cdr108]

No idea... My condo is just over 1 year old. Its worth somewhere between $380 and $409

ok, then chances are you will be re-assessed.
the property taxes of under $200/m are way too low.

 

[freshcutgrass]

That’s driving some tenants to offer up to six months’ rent in advance

It's illegal to take any more money from a tenant than first and last month's rent in Ontario. Any potential renter that offers it is a red flag for a shady tenant, and anybody that takes it is a sign of a landlord that doesn't understand the RTA. Not fully understanding, or veering off the laws that govern landlord-tenant is a recipe for disaster.