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Condos for sale in oakville ontario . The landlord must increase the rent by 3% in Montreal!

Condos for sale in oakville ontario . The landlord must increase the rent by 3% in Montreal!

Posted on June 28, 2021

Condos for sale in oakville ontario . The landlord must increase the rent by 3% in Montreal! The high land rent in Montreal may also lead to a rise in rents.

Montreal announced a big increase in land rent last week, with an average increase of 3.3% for homeowners, but it varies from district to district. For example, the increase in Rosemont-Petite-Patrie is 5.6%.

Although on the surface, only those who own a house have to pay land rent, in fact, tenants are doomed, because when the tax goes up, the landlord can increase the rent. Hans Brouillette, a spokesman for the Quebec landlords Association (CORPIQ), pointed out that although the association has not conducted an investigation, it has heard many landlords say they will increase rents.

He said that it is reasonable for the landlord to increase the rent, because the municipal government increases taxes on public services, road maintenance, water supply system, urban activities, and so on. Any citizen, whether the tenant or the landlord, is the beneficiary, since he is the beneficiary. Of course, he also has the obligation to pay taxes.

However, although the landlord has the right to increase the rent, the tenant also has the right to refuse. If the landlord and tenant fail to reach an agreement, it will be submitted to the Quebec Housing Authority Regie du Logement for adjudication.

Liu said that in general, this kind of house can not be decorated for personal financial reasons, because the renovators (flipper) are not necessarily very economically powerful people. “in recent years, a considerable number of people who do renovations have no economic strength. They often saw that this market could make money a few years ago, and several people teamed up to do this business together. Others are real estate agents who deceive clients, or they work together to do renovations and renovations. The water in this line is actually very deep. “

A real estate agent surnamed Liu said that he specially inquired about the area where the case house was located and saw that a house near the site was being sold, which was also newly renovated, asking for 1.08 million yuan, and had been sold for 38 days, and the location was slightly better than the case house, but it still didn’t sell. “in my opinion, if the house is still on the market, it will be relatively easy to bargain again, and it is normal to cut 30,000 to 40,000. Because from now on, if the decoration is to reach the level of 1.08 million of the houses that are being sold in this community, it will not be possible to take over 150000 of the decoration materials in the later period. The current situation is that the seller just knocks out the old stuff and wants to start all over again. The first floor, the second floor and the basement are all redone, about 150000. And the price of 890000 is still too expensive. There are repaired ones nearby that sell for more than one million yuan. Excluding the decoration cost of more than a hundred thousand, the cost is 900000. It’s the same as 899000. Then why do I have to spend more than a hundred thousand yuan, and then spend half a year of time and energy so tired? So I think this seller at least has tens of thousands of room to make potential buyers feel profitable and someone may take over. “

  • condos for sale in oakville ontario

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