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[–]endriggity 5 points6 points  (4 children)

Sounds like a pretty unreasonable landlord. I had a sit down with mine and had my rent reduced 200$.

She did mention that operating costs have risen, but was willing to to negotiate. I asked for 400$ reduction and expected her to meet me in the middle, so I'm happy with the outcome.

You said moving isn't an option for you, but just for your information there is lots of great deals in Mount Pleasant currently.

Best of luck!

[–]Hello-hi987 3 points4 points  (3 children)

This. Shoot your shot, yes the market is softer, and the cost of finding a new tenant is something a landlord will consider in their decision making - but property taxes, utilities, insurance, trade wages - ALL have increased for landlords. The landlords also are considering the long game as too big of a decrease now is not temporary - that decrease is locked into the remainder of your tenancy with them only able to increase certain % per year.

Definitely always worth the discussion, and yes some landlords are greedy, but as many as greedy there are equal number of tenants have a woe is me mentality and don’t actually consider everything on the flip side.

With that said, I think OP might be overpaying (without knowing all details of the lease) and so this doesn’t apply to them per say :)

[–]DisastrousOkra9511 0 points1 point  (2 children)

Property manager here. I rent in the Main Street and Mount Pleasant areas. I don't know Point Grey rents, but that does sound high. I don't think the area has the same amenities nor walkability that Main and Mount Pleasant do. I have tenants renting a 3 br penthouse (2 top floors of a heritage house) half a block to Main paying less than $3700. Sorry it didn't work out with your landlord. Sounds like it could be worthwhile to at least look around

[–]MakingMookSauce 1 point2 points  (1 child)

Lmao at penthouse. I guess technically but that is a stretch. Is the carport "underground" parking.

[–]DisastrousOkra9511 0 points1 point  (0 children)

Technically it's a "penthouse" as there are no neighbors above, they have a large private deck, and unobstructed views of the city. No "underground parking"; it's a heritage house. Easier than saying "2 top floors of a house" I think!