Archive for the ‘Saskatoon landlords’ Category

Are More Investors Getting Ready to Invest in Saskatoon?

Friday, May 2nd, 2014

Saskatchewan landlords Canada landlordsThe city has already seen a lot of capital from other parts of the country come to Saskatoon and invest in rental property.

Is this just the beginning?

There could be a huge surge in investment as news gets out about rising rents in the city.

A report by the CMHC (Canada Mortgage and Housing Corporation) shows that rents for a typical 2-bedroom rental rose from around $600 per month in 2006 to over $1000 per month now.

This type of rent increase surely upsets local tenants.

On the other hand, it will certainly lure investors in other areas where rents are flat, such as what Manitoba landlords face.

House Prices Are Also Rising

It’s not just rents that are rising.

In a survey by Royal-LePage average prices have risen:

1. 2 story house

A typical 2 story house has risen in price to $393,500 which is a 2.5% increase already this year.

2. Condo

A standard condo is up by almost 1.5% so far in 2014.  The average price is now $265,000.

Investors From All Over Canada Have Their Eyes on Saskatoon

Most Canada landlords are facing very high prices to enter the rental property market or buy more properties.

Relatively low prices, rising rents, and rising prices means there could be some big changes in our rental market in 2014.

Saskatoon Landlords: Fake Landlord Arrested

Wednesday, January 1st, 2014

Saskatoon landlords fake landlord arrested

Good News for Good Saskatchewan Landlord And Good Tenants As Kijiji ‘Fake Landord” Arrested (And Going to Jail!)

It was a while ago but this story form 2013 needs re-telling.

The CTV news report was welcome news to Saskatoon landlords and landlords all over Saskatchewan.

Good landlords know one of the secrets to finding good tenants is trust. 

We don’t mean you should instantly trust your potential tenants.

As we wrote about previously Saskatchewan landlords need to do proper tenant screening, including tenant credit checks, before you rent to somebody. 

Let’s View Things From a Tenant’s Perspective

Most of us have been tenants before at some points in our lives. 

Maybe you were a student studying in another city in the province.

Or you studied in another province and dealt with British Columbia landlords. 

You might have worked in Alberta and rented there.

Or you were originally from Ontario before coming to our province and rented from an Ontario landlord. 

Whatever the case you wanted a good place to move into and a good landlord.

The Kijiji Scam

Tenants Chelsey Streifel and Jill Sherley both were looking for a nice apartment to rent in Saskatoon.

They went to Kijiji and saw a nice place for an affordable rent.

The ‘landlord’ met them. He seemed like a decent guy.

When these prospective tenants met with him he introduced himself as landlord Jason Hartlen and showed them the unit.

Both Streifel and Sherley saw the place (at different times, not together) and wanted the place.

Both of them signed a lease and paid a desposit of $1,100.

They weren’t the only ones.

Black Mold

Everyone who paid a deposit and wanted to move in were told they couldn’t because of problems with black mold in the unit.

Streifel and the others who paid went to the property to see what was going on.

They were shocked to be met by the real landlord who said she was the real owner and recommended Streifel go to the police.

Fake Landlord Found and Charged

A man who scammed dozens of victims by posting fake apartment rental ads on Kijiji will serve an 18-month jail sentence.

Here some of the news reports:

Jason Allen Hartlen pled guilty in Saskatoon provincial court to defrauding 60 victims in Saskatoon, Calgary and Vancouver of a total $80,000.

He was arrested in May after posting an ad on Kijiji about an apartment for rent. He met with multiple prospective renters and took $1,100 deposits from them before disappearing with the money.

Saskatoon Landlords Have Questions On Recycling Plan

Thursday, March 7th, 2013

 March 6th, 2013


Saskatoon landlords have concerns now that Saskatoon City is starting a recycling program for about 36,400 apartments, condominiums, and houses. The said program will be managed by Cosmopolitan Industries.

According to Ken Gryschuk, Cosmopolitan Industries’ community relations manager, the program is varied depending on the type of unit, as in more complicated recycling programs are prepared for more complex units.

The program seems to be all set for 2014, as its target year to have it up and running.

However, the landlords of the respective units are still confused with the process. Different queries regarding the recycling process and even the program itself are aired out by people.

Paula Simon is just one of the many who voiced out their confusion with the process. She is a representative of Saskatchewan Rental Housing Industry Association. Being in a rental housing industry, some of the questions Paula Simon aired out were

1. How to teach the tenants to recycle

2. How to segregate the recyclable from the ones that can’t be recycled

3. What to do if and when the possibilities of having the recycled bins mixed with garbage

4. What to do when recyclable items in the recycle bins are being thrown out by dumpster divers trying to find something

It’s not always easy to deal with tenants who don’t want to do extra work at their rental property. It can at times get downright nasty.

Cosmopolitan Industries, however, assured the people that they will be going around the city with public consultation to educate people with the city-wide program. Although the program is a bit raw yet, Cosmopolitan Industries offered to show the people as much information they can.

Two large bins will be placed outside of each house building. Also, smaller bins will be placed in every unit inside the building. Aside from this, other plans are not finalized yet, especially for the more complex buildings.

The association will have a luncheon with the Cosmopolitan Industries, and in this event, Simon is hoping that many unanswered questions and concerns will be addressed.

Saskatoon and other Saskatchewan landlords can discuss this and other issues at the Saskatchewan Landlord Forum.