This conversation delves into the significant risks and challenges that landlords in Toronto face, with a particular focus on the growing issues of rent non-payment and the severe backlog at the landlord and tenant board. The discussion highlights the widespread occurrence of rent defaults and outlines practical steps Landlords can take to manage such situations effectively. The inefficiencies and prolonged wait times at the Landlord and Tenant Board are also addressed, revealing the potential financial strain these delays can impose on Landlords.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Reuben Labovitz (Broker at Fox Marin)