If you own a rental property a rental property in the City of Waterloo you will probably be impacted by the City's new Rental Housing Licensing Bylaw. It will come into effect on April 1, 2012.

You can find information on the City of Waterloo website at Waterloo.ca/Rental Housing Licences. The website includes the Bylaw, the enforcement policy, licencing fees, and a staff report on the bylaw and program.

If you have questions you can contact the City of Waterloo at (519) 747-8587 or rental@waterloo.ca.

If you are considering getting into the Landlord business, you will want to do some research and "due diligence" before you begin. Here are some links to websites for Landlords in Ontario.

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Article from The Record, December 15, 2008 - www.therecord.com

A couple of years ago, some landlords would offer a month's free rent, free parking or gift cards to entice new tenants.

Now, apartments in Waterloo Region are snapped up faster than in many other Canadian cities, thanks in part to a young population delaying home ownership, a new report says.

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