You’ve done your research, found the perfect Realtor, crunched the numbers, created your list of must-haves and now it’s time to start the exciting process of HOUSE HUNTING! When you’re looking at homes for sale it isn’t always easy to look beyond the cosmetics. Not to worry, we’ve created this handy graphic to help home buyers to stay focused.
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You’ve done your research, found the perfect Realtor, crunched the numbers, created your list of must-haves and now it’s time to start the exciting process of HOUSE HUNTING! When you’re looking at homes for sale it isn’t always easy to look past the cosmetics. Not to worry, we’ve created this handy graphic to help home buyers to stay focused.
Landlords and Legalization: What budding weed laws may mean for Landlords
With the legalization of marijuana on the horizon, property owners of rental units are wondering what that will mean for them. As all the rules and regulations surrounding cannabis use have yet to be ironed out, it’s only natural that landlords are beginning express concern, or in some cases excitement surrounding the opportunities legalization will present.
The legalization of medical cannabis passed in 2001, but as Canada moves forward to legalize the use of cannabis across the country, there are many different views surrounding the changes. With multiple angles to consider, it’s no wonder that landlords across the country are beginning to question, challenge, and prepare for the pending legalization. What are the pro and con sides of the debate surrounding legalization for landlords, and how might rental properties be affected by the new legislation?
Firstly, one of the stipulations surrounding the new legislations is that marijuana can only be smoked in private residences. With this stipulation, there are two clear opinions stemming from landlords surrounding the pending legalisations:
- Against – due to questions of property value, maintenance, and lack of control over their rental units
- For legalisation – viewing legalisation as an opportunity in the rental market, as there will be a need to fill
Looking initially at those against legalization, and their concerns surrounding property values, costs of fumigation, and loss of control within their rental units, it is understandable why landlords are questioning how they will be able to control their properties once smoking weed becomes a legal right, contained to private residences. Much like how many landlords have clauses surrounding not allowing pets within their units, it is likely that there will be a surge in rental units that are anti-weed smoking, meaning that tenants are not permitted to smoke weed in these units. Although it is a tricky situation to regulate, as smoking weed is going to be a legal right, it is possible to see landlords increasing their rents, and tightening up conditions of leases in order to accommodate the new legislation and the costs that could be ensued. In the same way that landlords try and regulate the type and number of pets permitted in each unit, it is possible that they will attempt to make these same regulations surrounding marijuana in order to protect their property from damages, the need to fumigate, and to ensure the well being and happiness of al their tenants. A potential surge in rent increases could lead renters to be searching for weed-friendly apartments, (much like pet-friendly apartments), which could see a rise in vacancies in some places, along with some renters seeking out the option to purchase a private residence in order to enjoy their space freely, and as they see fit.
On the other hand, some landlords are viewing this new legislation as an opportunity to take advantage of what will be a need in the market, much like those who take advantage of the need/want for pet-friendly rental options. The legalisation of marijuana opens a new need in the rental market for properties that will allow tenants to smoke, and grow their plants hassle free. With this opportunity, landlords can specialize their units with these new stipulations in mind, allowing those who wish to be able to smoke without hassle to find living arrangements that are both suitable, and enjoyable to them. With some landlords pushing to ban cannabis smoking in rental units, it is possible that cannabis users could end up with no where left to go, unless units like these exist. Although they may see a slight increase in the cost of renting these units, the ability to partake in cannabis use without issue is attractive to those seeking to exercise their legal rights. Much like those individuals who look specifically for rental units that allow pets, these tenants may result in fewer vacancies and longer tenancies, as the accommodations will be difficult to find with many landlords being against the new stipulations. Although the desire to smoke and grow cannabis would not be a requirement to live in a rental unit such as this, new tenants would have to be okay with the fact that the building does allow tenants to partake in their legal right, and therefore would minimize possible complaints surrounding smoke and pot smell. Although there is much to still be decided and ironed out in terms of details on these types of rental properties, it is certain to be a wise investment and a new opportunity to take advantage of within the market.
The new legislation is a topic of discussion all around, surrounding use, growth, and ability to purchase marijuana, and it’s regulation. Landlords are preparing themselves for the coming changes, whether they are pro, or con, in terms of the new legislation and how their properties may change for existing and new tenants. It is possible there will be a rise in tenants seeking out marijuana friendly rental units, willing to pay premium prices for personal privacy and their ability to smoke hassle free.
December has arrived! And with it, for many, comes the anticipation of holiday activities, traditions and celebrating with family and friends.
We’ve been lucky to have had some truly incredible events in the Ottawa area this year, but it’s not over yet! As Canada 150 comes to a close, there are a multitude of Christmas events that are taking place all over our City, allowing us to commemorate the end of one year, and the start of something new with our family and our friends. Here’s a taste of what’s happening in Ottawa this holiday season:
- Alight at Night at Upper Canada Village: travel back in time to the days where wagons were drawn by horses, and buildings were built by hand to view the magic that is the over half a million lights lit up throughout the village’s streets, trees, shops and homes. From December 1st to January 6th between the hours of 5pm and 9pm, Upper Canada Village will offer scenic horse drawn wagon rides, a life size gingerbread house, a toy train ride for the kids and so much more.
- Originals Ottawa Christmas Craft Sale: Ottawa’s very own 10-day holiday shopping event! Between December 7th and 17th, the EY Centre will gather some of Canada’s most talented artists, artisans and designers for you to meet and purchase from – over 200 to be exact! A great opportunity to support our local community as well as cross a few items off your shopping list! For more information on hours, admission and handmade goods, follow this link to their website.
- Stanley’s Christmas Village: get whisked away by horse drawn carriage to Ottawa’s only Elf Village! Every Saturday and Sunday through December (until the 23rd), Stanley’s Olde Maple Lane Farm offers you and your family the ultimate Christmas experience – as seen through the eyes of an elf. Enjoy a hot cup of cocoa, and take a ride through the Wrapping Warehouse, The Reindeer Stables, Ginger’s Bakery and so much more. And hey, why not end your day selecting your very own Christmas tree? Freshly cut, locally grown trees are now available at the Farm – all additional details can be found here!
- Viewing the Christmas Lights: With our nation celebrating its 150th milestone this year, the City of Ottawa (and across the bridge into Gatineau) have set up thousands of lights for your viewing pleasures. Catch the glow between December 7th and January 7th of 2018. And it doesn’t end there! if you’d like to experience even more spectacular “drive-through” light displays this holiday season, load up the car, blast the Christmas tunes and venture to the Magic of Lights in Ottawa’s west end at Wesley Clover Parks or even the beloved Taffy Lane in Orleans.
Needless to say, the number of Christmas activities that our City has planned for us this holiday season are endless – and absolutely amazing. From rides in sleighs to light displays, there is something for everyone and more. Have a safe and memorable holiday!