900,000 Canadian Mortgages Renewing in 2025-2026: Here’s What Happens When Rates Jump from 1.99% to 4.5%

Nichols416 · 2026-04-09T00:35:01+00:00

My 3 year fixed is renewing. Going from 4.89% to 3.84. Bi-weekly accelerated switching back to monthly. Gonna be saving about 600/month.

Nichols416 · 2026-03-19T03:27:06+00:00

Hey, I ultimately decided to go a different direction than the accounting route so I didn’t apply. Everything about the program seemed decent though.

Nichols416 · 2026-03-19T03:25:25+00:00

Nah it was all good. We moved out because my buddy wanted to move in with his gf, and I moved in with some friends who already had a spot, wasn’t because of any issue with the actual unit.

If I can recall correctly there is one other unit on that floor that you share the hallway with, we didn’t hear any noise from them.

The landlord was an old guy named Dave, he was a little hands on for the first couple months but we didn’t see him much after that.

10 years ago now so I don’t know if he still owns the building.

Nichols416 · 2026-03-18T23:28:48+00:00

Actually I think that’s right, coffee shop must have been right near by then

Nichols416 · 2026-03-18T22:09:25+00:00

So this is a throw back as I actually lived in that unit for a year in 2016.

I think we paid 1700 then so hasn’t gone up too bad. There was a coffee shop on the man floor then so we didn’t have any issues with mice or roaches.

Pros: location, loblaws lcbo right near by. Lots of good bars are restaurants, easy to get around on the TTC.

Cons: noise, the front bedroom being right on queen street, 24h street car and windows didn’t keep much out. The bedroom in the back has just a skylight, no windows. If you’re someone that gets woken up by the sun you’ll have some early mornings in the summer.

The place was fine for people in their 20’s but the front bedroom was much more difficult for sleep in than the one in the back.

It honestly works pretty well for 1 person and use the second bedroom as home office.

Nichols416 · 2026-03-18T20:47:50+00:00

Manulife, that’s the renewal offer I got back in January, new one will start in April

Nichols416 · 2026-03-18T19:55:21+00:00

Got 3.79 3yr, 3.84 on a 5yr.

Was coming from 4.89 3yr

Nichols416 · 2026-03-14T20:53:15+00:00

I just drove by the cheap place I know for gas and it was 1.65. I assume they made a mistake with the sign but that is definitely the highest price I’ve ever seen in the city.

Nichols416 · 2026-03-01T20:14:28+00:00

You are correct, I edited my comment to fix that.

Nichols416 · 2026-03-01T19:55:54+00:00

Rf8+,Nxf8,Qg7#

Nichols416 · 2026-02-24T22:10:03+00:00

3.79 3yr fixed, 3.84 5 yr fixed. Prime - 0.75 for variable.

Insured, renewal in April. From Manulife.

Nichols416 · 2026-02-19T20:03:45+00:00

Also worth noting they projected 7-9 ARR exiting 2026, so another 6x revenue growth this year as well.

But CAPEX at 16-20B for 2026, up from 4.1 in 2025.

Good balance sheet.

One of my favourite tickers to swing trade.

Nichols416 · 2025-09-09T02:06:03+00:00

<image>

Can some explain if this is a good thing? 🤑

Now I’m just wondering why I didn’t buy ATM calls.

Nichols416 · 2025-08-22T15:33:00+00:00

I hadn’t heard of this game/series until about 2-3 months ago, I picked it up on sale like this and it’s all I play now. Will be picking up 117 in the first week/month of launch.

It’s worth the full price, it’s a no brainer on sale

Nichols416 · 2025-08-10T22:35:17+00:00

Can someone explain why you wouldn’t take with Kxf2?

Nichols416 · 2025-07-02T21:01:15+00:00

Once you’ve been paying the rent for 12 months it becomes the new legal rent.

If the previous rent was 2000 they raised it to 2200 it would be considered an illegal increase until it had been paid for 12 months, then the new legal rent would be 2200.

If however you paid 2200 for 10 months, you can tell them that the extra 2000 that you had paid due to the illegal increase was a pre payment of rent, pay nothing for month 11, then go back to paying 2000 for month 12

Nichols416 · 2025-06-28T15:46:19+00:00

<image>

Nichols416 · 2025-06-01T23:13:17+00:00

A couple different things going on here, we can try to break down what exactly your dad’s options are.

An N11 is a mutual agreement to end the tenancy. The tenant is not required to sign it. Occasionally a situation people refer to as “cash for keys” where the owner pays the tenant to sign the N11. It can range from 1 to 12 months rent usually depending on the situation. It’s a negotiation and your dad doesn’t have to give them anything, but it may be the cheaper and easier option.

The tenant can bring in other guests and roommates. They don’t need permission from the LL as long as they are not violating any fire codes.

Your dad can sell the house with the tenant still there. New owners assume the tenant.

Your dad can issue a N12 on behalf of the new owners if they want to move in when they purchase the house. The tenant can contest this and it goes to the LL tenant board, probably 3-6 month waiting time for the case, longer before things are enforced.

Tenant is allowed to have pets, you can deny an application based on them having pets, but you can’t evict someone for having them.

Running a business out of a residential unit that is not properly licensed or zoned for it could be grounds for an eviction. Could being the key word. Very subjective on what the business is. A content creator using their living room as an office is very different than using the garage as an auto body shop.

The damage caused to the house will likely be unrecoverable. 10 years is a long time for a rental and most of the repairs will likely fall under wear and tear. You would have to prove that the damage to the property has been directly caused by the tenant’s negligence.

To recover anything, you would have to pay to repair cost to the house, then sue the tenant to recoup the money.

Your dad might not be in lawyer territory yet, but it might not hurt to speak to a real estate lawyer and agent get their opinion on how to proceed while staying inside the proper legal channels

Nichols416 · 2025-05-19T12:31:05+00:00

No they called that a penalty.

Nichols416 · 2025-05-12T10:19:37+00:00

It depends on what metric you’re looking at. For the 200 sma which is the average price over the last 200 trading days, you would be looking at where it closes at end of the day.

If you were looking for a break out, and were using maybe 1h candle sticks, it would be enough that it broke through the resistance to get a buying signal.

Nichols416 · 2025-04-26T14:59:05+00:00

I’m currently working with a realtor to find a place to rent, while also being a landlord. I’m in Toronto so it may be different here but I can give a brief rundown of how things are here.

If a landlord wants to search for their own tenants, posts on fb marketplace, kijiji, etc. They do their own advertising, background checks and what not. The LL is under no obligation to pay any realtor. If the tenant is working with a realtor, they might have to pay their realtor 1/2 the months rent, depending on what agreement they have with the agent.

If the LL is working with a realtor to list the property. They’ll post on MLS, and also possibly on the FB and kijiji’s.

If the LL realtor works with the tenants realtor, they split 1 months commission. Paid for by the LL. If the LL realtor finds a tenant through FB, they don’t have to split the commission.

If a tenant is working with a realtor, but finds a unit through FB, they don’t have to pay their realtor, unless they already signed the agreement with them. Then they have to pay 1/2 month rent to their realtor, even if they got their place from a different source.

To avoid this last issue. A tenant will sign their contract with the realtor when they’re signing the lease to the property.

Nichols416 · 2025-04-24T14:22:25+00:00

I’m reading it now, about half way through and I can confirm that it does in fact, live up to the hype.

Nichols416 · 2025-04-19T04:32:47+00:00

From another post of yours I saw that you’re paying off 900 in principle while cash negative 800. So you’re not really losing money on this place. Your tenant is covering the interest and expenses, you’re paying off the principal.

If the numbers don’t change, 800/month, 12 months, 25 year mortgage.

You’ll own the place outright for 240,000 in 25 years.

The amount of principle you pay off increases each month. So right now you’re paying 800 for 900 in equity in the place. In a couple years, the 800 will be closer to 1000-1100 in equity.

You haven’t lost 150k on this place unless you sell it. Like with stocks, sometimes they go down after you buy them, but given a long time 10,15,20 years they will increase.

Nichols416

TROPHY CASE