FOR MORE HELPFUL INFORMATION FOR LANDLORDS:

https://www.ontario.ca/page/renting-ontario-your-rights

https://www.calculator.net/rental-property-calculator.html

* Numbers to be verified with a professional Financial Advisor, Mortgage Broker etc.

ONTARIO HUMAN RIGHTS CODE:

https://www.ontario.ca/laws/statute/90h19

NOW OFFERING TENANT INSURANCE FOR ADDED PEACE OF MIND!!

What is the Insurance About (Naborly Shield)?

NaborlyShield protects landlords from tenants defaulting on rent or not giving required notice before vacating the property. Typically, if a tenant doesn’t pay their rent, a landlord will have to navigate the eviction process through the Landlord and Tenant board. When you purchase NaborlyShield, you will receive from Naborly:

• Up to a maximum of 6 month’s rent while you are not receiving rent from your tenant

• Naborly processes your eviction (up to a maximum of $2,500 in services)

• Naborly compensates you for re-renting your rental unit (up to a maximum of 1 month’s rent)

• Naborly compensates you for property damage caused by the tenant (up to a maximum of $2,000)

There is a 10% deductible on any damages incurred. 

Exclusions

• Evictions that are for reasons other than non-payment of rent (damages to property or other tenants, illegal acts on property, landlord moving into property, etc.)

• Roommates that a landlord has not purchased NaborlyShield on

• Death of tenant

• Losses covered by other insurance (property damage that would be covered by their homeowner’s insurance)

• Tenant withholding rent due to the landlord's breach of the lease (landlord has not maintained a habitable environment as per the lease)

• Claims within the first 28 days of purchasing NaborlyShield

Please note - NaborlyShield Insurance coverage automatically renews after the first year unless you provide written notice to Naborly at least 30 days prior to the end of the term