Local Rental Licensing Fees

[Jesse Schultz]

Hello, I'm considering keeping our current townhouse in Waterloo, Ontario as a rental. I have heard from others investors and read a bit about the licensing fees and inspections that are in place for rental properties in Waterloo. It sounds like as soon as you post a "for rent" ad anywhere someone comes and tells you that you need this and that license and building inspection etc, then there are annual fees. Has anyone experienced this Waterloo that can comment on cost and amount of work it is? Kitchener as I understand does not have such licensing fees. Jesse