Vacant No More Property Management Services
Turn Your Vacant Property into an Income-Generating Asset
In the bustling City of Toronto, properties that remain vacant for over six months face a 3% Vacant Home Tax (VHT) based on their Current Value Assessment (CVA). Avoid this tax and keep your property in optimal condition with our Vacant No More Property Management Services. Our tailored 6-Month Lease Property Management Solution is designed to help homeowners navigate these challenges while transforming their vacant properties into income-generating assets.
Vacant No More
6-Month Lease Management Services
Features of Our Premium 6-Month Lease Management Service:
Property Administration:
-
Tenant Placement Assistance: Rigorous screening processes ensure reliable tenant selection.
-
Rent Collection & Financial Management: Streamlined processes for hassle-free management.
-
Regulatory Compliance: Adherence to all local regulations and by-laws to protect your interests.
Comprehensive Property Preservation:
-
Landscaping & Snow Removal: Maintain curb appeal with meticulous exterior care.
-
Handyman Services: Routine maintenance and necessary repairs handled efficiently.
-
Monthly Condition Inspections: Regular site inspections to ensure property upkeep.
Flexible Leasing Options:
-
Furnished to Unfurnished: Choose from furnished, partially furnished, or unfurnished options to suit your needs.
Peace of Mind Management:
Secure, tenant-focused management ensures compliance and safeguards homeowner assets.
Avoid the 3% Vacant Home Tax:
Stay compliant and save on taxes.
This comprehensive approach prioritizes proactive tenant communication, regular property inspections, and robust lease agreements, ensuring that your property remains compliant and well-maintained throughout the rental period. Professional cleaning and restoration upon lease termination prior to your return.
The Vacant Home Tax in Toronto applies to properties deemed vacant for over six months. Renting the property for at least six months meets the occupancy requirements, exempting the homeowner from the tax.
A Double-Sided Strategy for a Win-Win Scenario:
Earn Substantial Rental Income: Toronto's rental market remains strong with high demand and rising rental prices, especially for well-maintained properties in desirable locations. Homeowners can benefit significantly from leasing their properties during this period.
Below-Market Rent Rates: Offering slightly below-market rent rates attracts quality tenants more quickly, especially for short-term leases. This ensures consistent occupancy, compliance with the Vacant Home Tax regulations, and reliable income generation.
Grounds and maintenance services included for tenant convenience.
Create an inviting living space with customizable furnishing choices.
Premium Property Management: