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Some condos have rental restrictions
When I was condo hunting earlier this year, a big consideration was whether I should buy in a complex that allowed rentals.
Condo buildings have bylaws that might restrict whether you can rent your unit out, so it pays to check the bylaws carefully before you make an offer.
Rachelle Berube, President of Toronto's LandlordRescue.ca, believes that for owners who don`t intend on renting, a building that has rental restrictions, or does not allow rentals at all, might be best.
Read the full article here.
When I was condo hunting earlier this year, a big consideration was whether I should buy in a complex that allowed rentals.
Condo buildings have bylaws that might restrict whether you can rent your unit out, so it pays to check the bylaws carefully before you make an offer.
Rachelle Berube, President of Toronto's LandlordRescue.ca, believes that for owners who don`t intend on renting, a building that has rental restrictions, or does not allow rentals at all, might be best.
Read the full article here.