The Re-Growth of Windsor’s Rental Market Post-Pandemic

Canada’s housing market has seen an incredible increase in the past couple of years, and Windsor is certainly no exception — on the contrary, Windsor’s rental market, in particular,  experienced a sharp spike in the past year with the region posting the largest increases in the nation for two-bedroom apartments and second highest for a one bedroom. According to the …

The Importance of Tenant Insurance

With the price of Ontario real estate at an all-time high, it seems that more and more people are either sticking with their rentals longer than originally intended, or even cashing in by selling their homes and downsizing. Whether you’re a long-time renter, or you’re new to the market, tenant insurance is a must! Though maybe not technically, as it …

7 Ways Property Management Companies Save You, The Property Owner, Money!

Landlording — if you choose to do it yourself — is a high-risk, high-reward game.  New landlords often try to maximize their profits by managing their own properties, but the do-it-yourself approach can actually end up costing you money. That’s because most property owners and landlords (particularly those who are new to the game), do not have the experience, expertise, …

Rentals; Just in Time for School!

With September fast-approaching, and with it-the start of school and University, the westside neighbourhoods of Windsor will, once again, be full of students, all of whom need somewhere to call home for the academic year. We here at MARDA management take a lot of pride in being able to help out students find a safe and clean spot to live …

Is New Construction Worth It?

For experienced and beginner investors alike, there’s a lot of appeal to new construction. But is it genuinely worth the premium? Set Your Metrics — Think About Your Investment Goals Before you fall in love with a specific property, sit down and think of your investment goals regarding cap rate and appreciation. Consider how much cash you have to invest …

Multifamily vs. Single-family — Which is the Better Windsor Investment?

So, you’re looking to build wealth in a great real estate market that shows solid long-term growth, and you’ve chosen Windsor (an excellent choice!). Now comes the tricky part: choosing your investment category. There are many influential voices out there that will try to sway you one way or the other. Many of them don’t hold water. We’ve been in …

2021: The Year of Windsor Real Estate?

Let’s get one thing straight: 2020 hurt. It was a grueling year for Windsor real estate that hit many of us hard. From head, to heart, to wallet, the pandemic has left its mark. But Ontario is still on a growth track, and Windsor, ever determined, has fought the effects of this pandemic mightily. With recovery in sight, now might …

What is the MARDA Angel Network?

Last year, MARDA received a donation of $7,500 from an individual who wished to stay anonymous. This donation’s purpose was to help tenants who were struggling financially and who could really use some sort of assistance. Given that they wished to stay anonymous, MARDA decided to call this generous individual the MARDA Angel. This nickname sparked an idea to continue …

Accessory Dwelling Unit: Put Your Property to Work

Backhouse, guest house, pool house, granny flat — all nicknames for a simple and powerful tool of personal wealth-building: the accessory dwelling unit, or ADU. In a nutshell, an ADU is a small home built on a property upon which a single-family dwelling already exists. The Municipal building code in Ontario defines ADUs as follows: An attached or detached dwelling …