How do you attract high-quality tenants in Ontario?

Attracting high-quality tenants is a critical aspect of successful property management. As property managers, we understand the value of having reliable and respectful tenants who treat your home as if it were their own. At Royal York Property Management, we have over a decade of experience managing a diversified portfolio of over $10.1 billion and more than 22,000 properties across Ontario. This application of our expertise has illustrated to us that attracting and retaining high-quality tenants requires a multifaceted strategic approach. Here are the latest insights on how to achieve this in 2024.

What are high-quality tenants?   

Good tenants are those who pay rent on time, take good care of the property, and communicate nicely. They can provide stable and positive rental experiences, which help minimize problems for property owners and managers. At Royal York Property Management, we work very proactively at finding such tenants, as they are the most important basis for holding up the value and condition of the properties we are entrusted to manage.