What is a rental market analysis?
A rental market analysis is a report that outlines the average rental price for a property similar to yours. Use it as a tool to help you decide what price to charge for your rental property.
How accurate are the results from the report?
Though Almega Property Management is an expert in the field, being a veteran in the Canadian real estate market with tens of millions of dollars invested in it, this rental market analysis is meant to be an estimate for informational purposes only.
Contact us if you wish to get help in establishing your rental price or finding a tenant.
Is it possible to charge above-market rental prices?
Yes, it is possible. Many times, individuals are willing to pay more for a specific property to live in. However, overcharging for your rental property may lead to high vacancy rates and high tenant turnovers.
What factors are the most important when determining the rental price of a property?
There is a long list of factors that could affect how much you should be charging for a rental property. In this version, we focus on the most important ones – location, number of washrooms and number of rooms.
Can I get a free rental market analysis, even if my property is outside of Ontario?
We proudly manage properties all over Ontario, including in Toronto, Mississauga, Etobicoke, Scarborough, Hamilton, Burlington, Richmond Hill, Vaughan, Markham, Brampton and Oakville.
Having said this, anyone can request the rental market analysis, but we are most familiar with the real estate market in Ontario.