Getting Started as a Landlord
Your complete guide to becoming a successful landlord in Canada
Step 0
Register as Landlord
Step 1
Create Your Listing
Step 2
Understand the Laws
Step 3
Price Competitively
1. Creating Your First Listing
A well-crafted listing is your first opportunity to attract quality tenants. Follow these steps to create a compelling property listing.
Great photos are crucial for attracting potential tenants. Here's how to make your property shine:
- Take photos during the day with natural light
Avoid flash photography which can create harsh shadows
- Clean and declutter all spaces before photographing
Remove personal items and ensure everything is tidy
- Capture all rooms from multiple angles
Include living areas, bedrooms, kitchen, bathrooms, and any unique features
- Show outdoor spaces and amenities
Include balconies, parking, laundry facilities, and building amenities
The property address is one of the most important parts of your listing:
- Always use the address autocomplete feature
This validates the address and ensures proper map placement
- Enter the complete street address
Include unit numbers for apartments and condos
- Verify the address appears correctly on the map preview
Check that the map marker is in the right location before submitting
- Double-check postal code accuracy
Correct postal codes help with local search results
Your property description should be informative, honest, and appealing:
- Start with key details: bedrooms, bathrooms, square footage
Be accurate with measurements and room counts
- Highlight unique features and recent upgrades
Mention renovations, appliances, flooring, and special amenities
- Describe the neighborhood and nearby amenities
Include transit options, schools, shopping, and recreational facilities
- Be clear about lease terms and requirements
Specify pet policy, smoking rules, and any restrictions
Location is often a deciding factor for tenants. Emphasize the advantages:
Transportation
- Distance to public transit
- Highway and major road access
- Parking availability
Lifestyle
- Shopping centers and groceries
- Restaurants and entertainment
- Parks and recreation
Understanding the approval process helps set proper expectations:
- Initial submission review
All new listings are reviewed for completeness and compliance
- 24-hour approval timeframe
Most listings are approved within 24 hours during business days
- Quality assurance check
Listings are verified for that the address exists, and the content is appropriate content
- Email notification upon approval
You'll receive confirmation when your listing goes live
2. Understanding Rental Laws
Canadian rental laws vary by province and territory. Understanding your legal obligations protects both you and your tenants.
Each province has its own rental laws. Here are key areas to research:
Rent Control & Increases
- Maximum annual rent increase percentages
Usually set by provincial government annually
- Notice requirements for rent increases
Typically 3-12 months advance notice required
Security Deposits
- Maximum deposit amounts allowed
Usually 1-2 months rent, varies by province
- Timeline for returning deposits
Typically 15-30 days after tenancy ends
Key Provincial Resources:
Understanding tenant rights helps you maintain positive relationships and avoid legal issues:
- Right to quiet enjoyment
Tenants have the right to use their rental unit without unreasonable interference
- Proper notice for entry
Usually 24-48 hours notice required for non-emergency inspections
- Maintenance and repair obligations
Landlords must maintain the property in good repair and safe condition
- Protection from discrimination
Cannot discriminate based on protected characteristics under human rights legislation
3. Pricing Your Property Competitively
Setting the right rental price maximizes your income while attracting quality tenants quickly.
Research comparable properties to understand market rates:
- Search similar properties in your area
Look for properties with same bedrooms, bathrooms, and square footage
- Consider property condition and amenities
Newer properties or those with premium features command higher rents
- Analyze location advantages
Proximity to transit, schools, and amenities affects rental value
- Check multiple rental platforms
Compare prices on Canrents.ca, Kijiji, Facebook, and other sites
Pricing Factors to Consider:
Property Features:
• Updated kitchen/bathrooms
• In-unit laundry
• Parking included
• Balcony/outdoor space
Location Benefits:
• Transit accessibility
• School districts
• Shopping/entertainment
• Safety and neighborhood quality
Strategic pricing can help you find tenants faster and maximize long-term returns:
Competitive Pricing
Price at or slightly below market rate to attract multiple applicants quickly.
Best for: Properties that need to rent quickly or in competitive markets.
Market Rate Pricing
Price at the median market rate for similar properties in your area.
Best for: Standard properties in balanced rental markets.
Premium Pricing
Price above market rate for exceptional properties or prime locations.
Best for: Newly renovated or luxury properties with unique features.
Ready to Get Started?
Now that you understand the basics, you're ready to create your first listing and start connecting with potential tenants.