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There is another side, though: keeping rent low indefinitely can make the eventual adjustment harder for both parties. If the comparable evidence is sound and the property has been maintained, a measured increase now may be fairer than a large catch-up later. A staged approach could work...

The word “conservative” needs evidence. Look at genuinely comparable 4-bed detached rentals, their condition and how long they remain available. If $2,568 is already near the optimistic end, the shortfall is understated before any other assumptions are tested.

The figures are not useful for month-to-month tracking until the underlying sample can be checked. For Montreal studios in November 2024, I have an indicative 48-day marketing period, asking-price movement of 8.3% and a financing-sensitive figure around C$877,500, but the relationship between...

I’d shorten the window rather than waive it. Arrange an inspector’s availability before submitting, and ask whether the seller will permit a pre-offer inspection if timing allows. Also explore the insurance concern before committing. The aim should be to complete the same due diligence faster...