Hardeep Gill Property Management

03/02/2026

04/23/2024

Rental income 💰is taxable, but do you know that you can bring down taxable rental income down by declaring few expenses💵?

At Hardeep Gill Property Management, we keep track of expenses in form of documents 📃 and provide whenever needed by landlord.

Call us 📞 6️⃣0️⃣4️⃣3️⃣4️⃣9️⃣RENT FOR MORE INFO

04/03/2024

*Open House* *Sunday April 07 from 2-4 PM* Welcome to Vantage, your ideal rental destination! Nestled within the serene Sullivan Heights neighbourhood, this spacious townhome offers 4 bedrooms, 4...

03/27/2024

03/16/2024

RBC Predicts Slower, But Steady Rental Demand from International Students

Despite the recent cap on new study permits, RBC forecasts that demand for rental housing by international students in Canada will not decline this year. However, the growth in rental demand is expected to halve due to the policy change.

Key Insights:
*Study Permit Cap: Canada will issue 364,000 new visas in 2024, a 35% drop from 2023's nearly 560,000, aiming to manage the surge in international student enrollments.

*Impact on Rental Market: While a significant reduction, this cap is unlikely to decrease the total number of international students immediately, thus maintaining stable rental demand.

*Regional Effects: Ontario and British Columbia, with their higher international student admissions, may feel a more pronounced impact on their rental markets.

*Future Projections: An extension of the cap beyond 2025 could lead to a more noticeable relief in rental market pressures.

*Housing Supply Solutions: The report suggests that expanding student housing stock is crucial, highlighting the government's initiatives like low-interest loans for new student accommodations.

Rental Market Trends:
Rent Increases: Average asking rent rose by 10% annually to $2,196 in January, marking another record high.

Vacancy Rates: The national vacancy rate for purpose-built rental apartments hit a record low of 1.5% in October 2023.