Stop bleeding rent — and beat the 3% vacant-home tax.
Empty days and Toronto's tripled vacant-home tax cost thousands a year. Get a precise rent evaluation and see exactly what your unit should lease for today.
→ What your unit realistically leases for right now
→ The real cost of leaving it empty another month
→ A clear next step — we handle the leasing
Empty is the expensive option.
Two costs quietly stack while a unit sits — here's the math on a $500,000 condo.
Vacant days
~$1,000
Lost in 15 empty days
At a typical Toronto rent, roughly $66/day walks out the door for every day the unit sits — rent you never get back.
Vacant-home tax
~$15,000
Per year at 3%
Toronto tripled its vacant-home tax to 3% of assessed value. On a $500k condo that's about $15,000 a year — on top of the lost rent.
Leasing it properly costs a fraction of leaving it empty.
Figures shown are illustrative examples for a $500,000 assessment (≈$66/day at a typical rent; Toronto's vacant-home tax of 3% of assessed value) — your actual numbers depend on your property, rent, and assessment. This is not tax advice; confirm your vacant-home-tax status and obligations with the City of Toronto and your accountant.
