In the condominium side, nationwide, the vacancy rate remained at 0.9 % in 2024 for the surveyed CMAs, with an average two-bedroom rent at $2,199. For owners seeking condo property management in Guelph specifically, this means the margin for mismanagement is small. A vacancy mis-step, slow maintenance response, or inadequate lease management can significantly reduce ROI. Canlight’s disciplined approach helps mitigate this risk.