Monthly Market Insider
Toronto real estate, simplified - essential news for buyers, sellers, landlords, and tenants.
Toronto’s housing market never stops moving. Here’s your quick, easy-to-digest guide to what every buyer, seller, landlord, and tenant needs to know.
Bank of Canada Interest Rate
The Bank of Canada held the key rate at 2.25% in December 2025. Stable rates provide predictability for mortgage planning and overall market decisions.
Tenant Protection – Renoviction Rules
Toronto’s Rental Renovation Licence Bylaw now requires landlords to get a licence before evicting tenants for major renovations. Tenants must receive 120+ days’ notice, and landlords must follow proper procedures to avoid fines.
Provincial Eviction Policy Changes – Bill 60
Bill 60, the Fighting Delays, Building Faster Act, aims to speed up housing development and LTB (Landlord and Tenant Board) processes. Tenant advocates warn it could make evictions faster and leave tenants less time to respond.
Important Tips
- Tenants: watch deadlines closely and seek advice early if facing a dispute.
- Landlords: follow all LTB procedures carefully to avoid errors.
Rent Control Updates
Rent control protections remain in place, capping annual rent increases at 2.1% for 2026 and expanding coverage to some newer buildings. These rules help keep rents predictable for tenants.
Quick Takeaways
- Tenants: Stronger protections against renovictions, but pay attention to LTB timelines.
- Landlords: Compliance is essential; follow licensing and LTB rules closely.
- Buyers & Sellers: Interest rates remain stable, supporting predictable financing and planning.
Questions about how these updates affect you? Reach out anytime for a strategy consult.
