How Much Does Commercial Property Management Cost in the GTA?
Ask three commercial property management companies for a quote on the same GTA plaza and you could get three very different numbers: 4% of rent, a flat $1,800 a month, and 6% with leasing “included.” On paper, the lowest number looks like the obvious winner. In practice, it’s often the most expensive once the add-ons, […]
Read More
Commercial Rent Arrears: The Ontario Landlord’s Escalation Ladder
The first of the month comes and goes. Your tenant’s rent hasn’t arrived, and your emails are getting shorter replies. By the fifteenth, you’re wondering whether to call a lawyer, change the locks, or give them one more week. Pick the wrong move at the wrong time, and you could lose a remedy you were […]
Read More
Holdover Tenants in Commercial Space: Your Rights and the Rent You Can Charge
Your tenant’s lease expired at midnight. This morning, they’re still open for business. No signed renewal, no moving truck, and a rent cheque for the same amount as last month waiting to be deposited. What you do with that check over the next few days can decide whether you collect a holdover premium, whether you […]
Read More
Refinancing a Commercial Property in a Repriced Market
If you signed your commercial mortgage in 2020 or 2021, here’s the uncomfortable truth: the building that qualified easily back then may not qualify on the same terms today. Not because a tenant left. Not because you missed a payment. Simply because the math changed underneath you. Rates repriced sharply between 2022 and 2024, cap […]
Read More