[General] Do I need to create an account to use REOCA?
You do not need to sign up to perform a basic property search.However, to access REOCA’s full services — such as professional matching, local area insights, and AI-powered property analysis — creating an account is required.
[General] What is the purpose of REOCA?
REOCA (Real Estate of Canada) was founded to solve the common pain points people face during real estate transactions.Many individuals struggle to find trusted professionals and access reliable information when buying or renting a property. To address this, REOCA provides a platform that connects users with certified real estate agents, mortgage brokers, lawyers, and accountants, […]
[Commercial Inquiry] Can I get a mortgage for a commercial property?
Yes, it is possible to obtain a mortgage for commercial real estate.However, mortgage products and lending criteria vary by lender, which makes working with an experienced mortgage broker especially important. A REOCA-certified mortgage broker can help you compare options and guide you toward the most suitable financing solution for your commercial purchase.
[Commercial Inquiry] What is the average cost for commercial leases?
It’s difficult to provide an exact average, as commercial lease rates in Toronto vary widely depending on location, square footage, and business type. In many cases, rent is calculated per square foot (SQ FT) annually, though some properties may list rates based on yearly totals. To get an accurate idea of what fits your needs, […]
[Commercial Inquiry] I’m planning to open a branch office in Toronto — can you assist?
Absolutely. Our REOCA-certified commercial agents can help you secure the right space based on your business needs, budget, and operational requirements. Whether you’re looking for: We also assist with rental arrangements for relocated employees, ensuring a smooth transition for both the business and your staff.
[Commercial Inquiry] What is zoning?
In Canada, zoning regulations define how a property can be used — such as residential, commercial, employment zones, or institutional use. Each municipality has its own zoning by-laws and naming systems, which means that permitted uses can vary widely depending on the city and property type. Before starting any business, it’s important to: A REOCA-certified […]
[Commercial Inquiry] Do you assist with leasing commercial spaces such as offices or retail units?
Yes, REOCA-certified commercial agents can help you find the right space for your business needs — whether you’re looking for an: We assist clients in securing locations based on business type, size requirements, budget, and zoning suitability.
[Commercial Inquiry] Do you also assist with purchasing commercial buildings?
Yes, REOCA-certified real estate agents specialize in a wide range of commercial property services, including: Our agents provide expert guidance throughout the commercial purchase process, tailored to your investment goals.
[Rental Inquiry] What is rent control?
In Ontario, the government sets an annual rent increase guideline.For 2024, the maximum allowable rent increase is 2.5% for units that fall under rent control. However, properties completed on or after November 15, 2018 are exempt from rent control regulations.In these cases, landlords may increase the rent to market rate after the one-year lease ends, […]
[Rental Inquiry] When can a landlord increase the rent?
In Canada, a landlord can give notice to increase the rent only after the initial one-year lease term.They must provide the tenant with at least 90 days’ written notice before the new rent takes effect. If the tenant and landlord do not agree on the new rent, the tenant has the option to vacate the […]
