Why You Need Tenants Insurance

At Jul 12, 2017
When entering a new lease with The Properties Group it is required that all tenants, both residential and commercial, acquire tenant insurance. As a renter, considering insurance is not usually considered at all. According to Statistics Canada, less than half of residential renters purchase tenant insurance when entering into a new lease. Protecting your business and personal life is important to us. Renters insurance will help protect you and your possessions in the event of a loss or damage. Here is a quick breakdown on what tenant insurance can do for you. Protection As a tenant, you may not own your space, but you do own everything in it which can include furniture, fine jewellery, equipment, and entertainment products. In the case of an unfortunate mishap, without tenant insurance all of these products will not be covered and you will be responsible for refurnishing your unit. These unexpected costs can lead to serious stress on your personal or professional life. Liability Personal liability is a critical factor to consider in regards to why tenant insurance is important. Even though you may not consider your belongings to be of value, that does not mean your surrounding neighbours feel the same way. Imagine a fire that sets in your home or business and effects the surrounding units, you could be held financially responsible for any damages that you cause, even if it is accidental. Tenant insurance also covers legal and medical bills if you are found at fault in an unfortunate event. Affordability Tenant insurance can be a life changing service that is easy to obtain and comes at an affordable cost, purchased at an average of $20 - $30 a month. Statistics Canada studies show that tenant households that bought tenant insurance spend an average of $309, less than half of what homeowners pay. Combining your tenant and auto policies can also help lower your premiums. Compare prices through insurance professionals to find the best fit for your needs. Whether you are a business owner or residential renter, the importance of understanding basic tenant insurance will help you achieve a piece of mind.  For more information regarding tenants insurance and our policies, contact an agent today at 613-237-2425.  

A Neighbourhood Guide to Ottawa

At Apr 12, 2017

Spring is finally here and businesses are beginning to flourish and more and more new residents are preparing to call Ottawa home. From urban living to rural comfort, Ottawa is a diverse city that has something to offer for everyone. Whether you are looking to start a new business, or thinking of making the move to the nations capital, here is a guide to popular Ottawa neighbourhoods we all know and love.

Byward Market

When people visit the nation’s capital, the Byward Market is the number one destination at the top of their list. With a diverse selection of activities including dining at one of over 120 restaurants, shopping, arts and lively entertainment, “the Market”, as Ottawans call it, has something to offer for everyone. The Market has seen a rapid growth in residential efforts over the years and is considered the commercial, industrial and residential hub of Ottawa.

Sandy Hill

Located east of the Byward Market, Sandy Hill has a good selection of residential and commercial property being one of the oldest neighborhoods in the capital. The area is commonly known as being a stomping ground for young University students due to its close proximity to the University of Ottawa and the downtown Ottawa nightlife. This area is filled with heritage homes and is in walking distance to national monuments, historical sites, and the Rideau Canal, which means no worrying about what to do with your days off!


Nepean is home to a community of 125,000 and growing and offers a variety of property types for any demographic. An ideal location for government workers and families, Nepean is a very short commute to the downtown core and is surrounded by a large number of schools within the neighborhood ranging from English to French, public, private, Catholic and non-religious private schools. The diversity in the Nepean neighborhood opens countless opportunities for both commercial and residential leasing due to its diversity and size.


Ottawa’s Centertown is occupied by Gloucester, Lisgar, Bronson Avenue, the Queensway and the Rideau Canal. Centertown is marked by a mix of residential and commercial properties while occupying some of the busiest streets in the city including Bank, Elgin, and Little Italy and is home to an array of Ottawa hotspots such as restaurants and boutique shops, making this a perfect location for new businesses flourish.

The Glebe

One of Ottawa’s first suburbs, The Glebe has seen an incredible transformation over the years. Today, it is one of Ottawa’s trendiest upscale neighborhoods and features a stretch of vibrant restaurants and thriving businesses all while being accessible by foot if you live in the surrounding neighborhoods. The Glebe is known for its incredible modern charm and is ideal for those raising families or the upwardly young professionals.

Check out our current commercial and residential listing in these popular Ottawa neighbourhoods here.    

    The Properties Group Management Ltd. is a real estate investment and management firm engaged primarily in the acquisition and management of residential and commercial properties throughout central and eastern Canada. It is our mission to provide superior value to our tenants and investors.


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