Owen Team
 

 
Real Estate Toronto Ontario We Open Doors For You (416) 489-3434


Owen Team

Property Management


 

First Trinity Development Corporation  

Tel: (416) 489-3434 Fax (416) 489-5445

www.FirstTrinityDevelopment.com

info@FirstTrinityDevelopment.com

Services Include:

  • Property Tax Appeals                                                 
  • Property Appraisal                                                        
  • Investment Analysis
  • Property Maintenance
  • Lease Negotiations

For questions regarding these and other areas of property management please contact; Rachael Owen, General Manager.

 

 

 

 

Rental Report

Property Management Tips

 

 

 

 

 


Rent Increases 2011


Ontario rent increase guideline

Each year the Ontario government announces the province’s rent increase guideline for the following year. The annual rent increase guideline is the maximum percentage by which a landlord can increase the rent for most sitting residential tenants without approval from the Landlord and Tenant Board.

The 2011 guideline is 0.7 per cent.

The new rent increase guideline applies to a rent increase that begins any time between January 1, 2011 and December 31, 2011 and applies to most residential units in Ontario.

In most cases, the rent for a unit can be increased if at least 12 months have passed since the tenant first moved in or since his or her last rent increase. The tenant must be given proper written notice of the rental increase at least 90 days before the rent increase takes effect.

The guideline was designed to take into account increases in landlords’ building maintenance and operating costs in order to protect tenant safety and health.


The provincial government says by linking the rent increase guideline to the price index, tenants will be protected from receiving a rent increase well above inflation. The move was made to ensure that landlords could recover the increase in their costs, while tenants can still pay their rent.

The rent increase guideline is the maximum amount by which a landlord can increase the rent of a tenant without seeking the approval of the Landlord and Tenant Board. Guidelines have been calculated each year since 1975, ranging between 1.5 per cent and 8 per cent. Most tenants in Ontario receive an annual rent increase that is at or below the amount of the guideline.

 

 


Flush with Savings


Receive $60 or $75 cash back when you replace your old, water-guzzling toilet with a City-selected water efficient model.

Now is the time to replace your old water-guzzling toilet with a new water effiient model.  Participate in the City of Toronto's Residential Toilet Replacement program and you'll get some money back, save on your water bill and reudce water use

This is a limited time offer, including buildinging up to six (6) units, to replace a high water use toilet with a City-selected water efficient model.

Toilets with a flush volume of 13 litres or more (Marking of 6 lpf or 1.6 gpf on the toilet bowl behind the seat or inside the tank are NOT eligible for replacement.)

The average Toronto Family could save up to $85.00 per year


Video Cameras


 The use of Closed Circuit Television (CCTV) cameras helps to deter crime. They can be used just about anywhere an increased level of surveillance is required. With specified environmental housings cameras are able to operate in the harshest of outdoor environments. After dark cameras, modern technology allows cameras to operate effectively using only infrared light or even starlight.

 

  Cameras can be monitored from great distances by an operator using anything from a standard phone line to a wireless network connection, along with new micro cameras and disguised cameras (e.g., cameras that look like smoke detectors) which can be very unobtrusively deployed


Do It Yourself Energy Saving Tips


Simple At-Home Tips

1. Install compact flourescent (CFL) lightbulbs.  Replacing standard incandescent lightbulbs with CFL bulbs as they use about 1/3 the eletricity.

2.  Install a programmable thermostate.  Easy to install and easy to use. Wake up to a warm house without wasting energy.

3.  Install a low-flow shower head.  Low-Flow shower heads reduce teh amount of hot water used when taking a shower and teh energy needed to heat it.  A smart investment especially for gross rents.

4.  Replace old appliances with more efficient models.  Investin gin new energy-efficient appliances lie a refrigerator can save energy and money for years to come.  Look for the EnertyStar label for maximum energy savings.

More savings can be found at:

  www.energyefficiency.org  

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