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Toronto Landlords: Tips and Advice For Renting to Students in Toronto

April 1st, 2014 · Rent to Students, Student landlords, Uncategorized

 Toronto landlords rent to students

Do You Want to Be a Successful and Profitable Toronto Student Landlord?

If you own rental properties in Toronto there has been a lot of good news in 2014.

It has nothing to do with changes in the Residential Tenancy Act or improvements at the Landlord and Tenant Board.

It’s all about the rising prices of real estate, including your rental properties.

According to Moneysense the average price of a property in Toronto is up 9% over last year and a leading place for people to live.

Detached homes were up 12% while condominiums saw a rise of 9.7% and semi-detached houses increased by 6.6%.

According to the Financial Post we should get ready for house prices to continue to rise in Toronto.

How To Find Good Tenants For Your Increasingly Expensive Property?

Your rental property is a financial asset that is going up in value.

So you want to make sure rent to good tenants.

With property prices going up you would hate to be stuck with a ‘tenant from Hell.’

One Idea Is To Rent To Students

Many Toronto Landlords Rent to Students. It’s a great opportunity.

Why?

Some of the reasons include:

1.  Students are too busy to manipulate the Landlord & Tenant Board

2.  Students have guaranteed income via the Ontario Student Assistance Program (OSAP)

3.  It’s normal for students to have ‘Guarantors’

4.  Students are often eager to leave campus and rent a private property.

5.  Toronto has some very large universities and a large student population

We have the biggest university in Canada…the University of Toronto (U of T).

The University of Toronto also has satellite campuses in place such as Scarborough.

How Can You Become a Successful Toronto Student Landlord?

The Ontario Landlords Association has a terrific interview with Jennifer Radley.

Jennifer is the manager of the University of Toronto Housing Services Department.

Her job is to help students find safe, affordable and high quality rental housing.

The interview was very helpful.

While some of the questions seem simple, the answers are very helpful for landlords to know what you need to do to find good student tenants.

For example, students are looking for excellent rental properties.

Landlords want good tenants….Students are also looking to rent from good landlords

1.  So what does a typical university student think makes a good landlord?

2.  How can a landlord make sure they are doing what good students tenants want?

3.  What do tenants not want their landlord to do?

Jennifer explained that tenants are looking for a landlord that maintains the property.

They also want a landlord who provides affordable rents and is aware of the Ontario Human Rights Commission rules and the laws landlords must abide by.

For example, tenants appreciate landlords who know they must provide 24 hour notice before entering the property.

You can read the full interview by clicking “Renting to Students in Ontario.”

In Our Era of Rising Property Prices It’s Essential You Rent to Good Tenants

Renting to students is an excellent option for landlords.

Stories of successful landlords are out there. 

Whether you are an Ottawa landlord renting to students at U of O or even an Alberta Landlord renting to students in Lethbridge, it’s a great option for landlords to consider.

To discuss this and other landlords ideas and issues welcome to the Toronto Landlords forum.

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Toronto Landlords: Review of Ontario Landlords Association Membership

March 13th, 2014 · Ontario Landlords, Rental Kits, Review of the Ontario Landlords Association, Tenant Credit Checks

 Review of the Ontario Landlords Association

Why We Recommend The Ontario Landlords Association

Being a landlord in Toronto and in the Greater Toronto Area (GTA) can be a very rewarding a profitable business in 2014!

Publications such as TheGRIDTO have headlines asking “Toronto Apartment Rentals – How Did They Get So Nuts?”

Real estate prices are rising and there are a lot of great tenants out there looking to rent.

If you are a professional, knowledgeable landlord with a great property and a fair rent price things haven’t been better in years.

With prices still rising and a low vacancy rate owning residential rentals properties in Toronto and the GTA is proving to be a great investment.

Professional Tenants

There are still dangers being an Ontario landlord.

This includes a rent increase guideline of only 0.8% that has some Ottawa landlords discussing moving to commercial properties.

It also includes the dangers of ‘professional tenants’ who know how to play every game and manipulate you and the  Residential Tenancy Act.

You only need to open a local newspaper to read about these professional tenants who end up making their landlord lose lots of money along with giving the landlord months of anxiety.

Even a Superior Court judge criticized the Ontario Landlord and Tenant Board for allowing pro tenants such a great opportunity to cause grief and huge financial losses for landlords.

One of the worst things is that these pro tenants like to target small landlords.

How Can You Protect Yourself?

One of the key ways to protect yourself is by joining a landlord association.

Unfortunately, the old school landlord associations focus more on large corporate landlords and not small landlords. 

Despite their marketing, these old associations are not run by experienced small landlords who know what other small landlords need to succeed.

Review of Ontario Landlords Association Membership

The Ontario Landlords Association was created  by a group of experienced and successful small and medium sized landlords.

Their goal was to help small landlords across Ontario network together, help each other, create a landlord community and have create a united “voice” so the government and media could finally know the challenges small landlords in Ontario faced.

And it worked! 

For the first time small landlords were able to get their stories out to the government and the media.

Whether it was issues regarding bedbugs or problems with the Landlord and Tenant Board, the Ontario Landlords Association got our side of the story out there.

This Toronto Sun article on the 2014 rent increase guideline shows you how important it is that small landlords finally have this voice.

Even the Ontario government quickly recognized the importance of the Ontario Landlords Association as a voice for small private residential landlords and an appreciation of what we offer.

What Tools and Services Does Ontario Landlords Association Membership Offer?

As the group of landlords grew larger they began to offer tools and services to help small landlords succeed.

Knowing small landlords are on a tight budget and cash-flow is tight, the fees for top-flight services were strongly negotiated to get the lowest prices possible for incredible services.

Why Should You Become a Member of the Ontario Landlords Association?

There are a whole lot of reasons. 

These include:

1.         You only pay a one-time fee to become a member

Landlords are on tight budgets and want to save money at all times. 

You can become an Ontario Landlords Association member for a one-time fee of only $99.

There are no annual fees! 

Just enough to cover the costs of running the site.

This is because the Ontario Landlords Association was created to help landlords and develop a large community of landlords to create a strong ‘voice’.

2.         Network with thousands of other landlords

The Ontario Landlord Association forum is the largest forum in Canada.

There are thousands of members in the Private Members forum networking and helping each other outside of the eyes of the general public.

3.         Tenant Credit checks

The Ontario Landlords Association offers the best landlord credit checks in Canada.

You can use TVS, Equifax or GARDA at a huge discount per check.

4.         Get access to leases, applications & more in the Rental Kit

The Ontario Landlords Associations landlords our own ‘online rental kit library’ that can be accessed 24/7 from your home or office computer.

You can choose from a large number of leases, applications and everything you need anytime you want to.

No need for photocopying because you can just download anytime!

5.         Landlord Guidebooks and Landlord Manuals

Members of the Ontario Landlords Association can download guidebooks and manuals on topics such as tenant screening and advertising.

Unlike the government sites, these guidebooks and manuals tell the ‘real story’.

And unlike for profit real estate sites like REIN these are not ‘sales books’ looking for you to invest in any type of investment or service.

We Strongly Recommend Membership with the Ontario Landlords Association

For only a low one-time fee you get access to tremendous services at terrific prices. We’ve written before how important tenant credit checks are.

Joining the Ontario Landlords Association is the deal of a lifetime for Ontario landlords and will help you and your landlord business succeed.

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Toronto Landlords: How Much Can I Raise the Rent for New Condos, Townhouses, and Apartments?

March 1st, 2014 · 1991 rent exemption, Rent Increase for New Property

 Toronto landlords how much can i raise the rent for new buildings

Your Property Might Be Exempt from the 2014 Rent Increase Guideline!

The news from the Ontario Ministry of Municipal Affair and Housing shook the world of landlords when the news of the Rent Increase Guideline was announced.

According to the Ministry landlords can only raise the rent 0.8% in 2014.

We wrote about this earlier and about how many landlords were dissatisfied with such a low legal increase.

Even articles in the Toronto Sun had landlords saying such a low rent increase would not cover their costs.

After all property taxes aren’t capped at less than 1 %. 

Neither are the increased costs for electricians, plumbers and other professionals who landlords reply on (and pay) to maintain our properties in good, safe condition.

In the Toronto Sun story a Mississauga landlord explained that such low increases drive good landlords out of the industry because good landlords want to keep their properties in good shape and need rent to help pay to do so.

Meanwhile, landlords who don’t care about keeping their properties safe and maintained don’t care about such a low rent increase because they won’t spend on their rentals.

Some Ottawa landlords wrote how they were going to leave the residential rental sector for the commercial sector where there are fewer government controls.

Other Ontario landlords have expressed an interest in leaving Ontario and investing in other provinces such as British Columbia where the guideline is the inflation rate plus 2% (to protect landlords and make sure they can cover costs) or the province of Alberta (where there is no rent control for landlords).

I Heard Some New Buildings Can Raise the Rent As Much As The Landlord Wants

There is good news for landlords who own newer rental properties.

According to the Ontario Landlords Association some properties are exempt from the Rent Increase Guideline.

For example, while the Residential Tenancies Act restricts how much landlords can raise the rent these but rent control provisions only apply to buildings occupied before November 1st, 1991.

Why Are New Buildings Allowed To Raise The Rent?

Linda Jeffrey is the Minister of Municipal Affairs and Housing. The Minister provided us with the following information about why new buildings are allowed to raise the rent above the guideline while older properties cannot. 

She said:

– The post 1991 rent exemption was first introduced to be an incentive to private landlords to create new rental properties

– This exemption has been maintain for the same purpose

– The incentive helps ensure Ontario has new rental properties coming into existence

– The creation of new rental stock creates employment in the construction industry and helps the Ontario economy.

Was Your Condo, Townhouse, House or Apartment for Rent Built After Nov 1, 1991?

If it was you are probably exempt from rent control and can raise the rent as you see fit.

Make sure you check out the Landlord and Tenant Board website to find out more information.

To Discuss This And Other Landlord Issues Take A Look At the Toronto Landlord Forum

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Toronto Landlords: Rent Increase for 2014

January 3rd, 2014 · Rent Increase 2014, Toronto Landlords

Toronto landlords rent increase 2014

Many Toronto Landlords Are Asking ‘How Much Can I Raise the Rent in 2014?’ You Won’t Like the Answer

The year 2013 started with many predicting property prices to come crashing down in Toronto.

There were lots of doom and gloom pundits predicting a huge lowering of house and condominium prices.

The good news is it didn’t happen.

In fact, the market was stable and prices increased most neighborhoods.

Toronto Vacancy Rate

According to the Toronto Star vacancy rates in 2013 were just about equal to the figures from 2012.

Ed Heese is a senior market analyst at the Canada Mortgage and Housing Corporation (CMHC).

He said the Toronto market was strong because of two main factors:

1. With new mortgage rules fewer young renters were becoming new house owners

2. More young people are seeking to live and work (and rent) in Toronto

There are a lot of good tenants out there. And you don’t even have to gift them gifts if you don’t want to.

While there are more rentals units coming on the market the demand still led to rents being up 3% compared to a year earlier.

Good News for Toronto Landlords

With vacancy rates holding firm things are looking good for 2014.

Most experts also predict steady low interest rates and more immigrants moving to Toronto and the GTA.

A large number of newcomers to Canada choosing our area as their home has also benefited Hamilton Landlords and investors all around southern Ontario.

Challenges Ahead: The Rent Increase Guideline for 2014

As experienced landlords know, our province has ‘rent control.’

This means we can only raise the rent for our current tenants by an amount announced by the provincial government.

The Toronto Sun announced the 2014 Rent Increase Guidelines and many new landlords were stunned.

Why?

Because Toronto landlords can only raise the rent by 0.8% in 2014.

It’s the second lowest rate since 1975 and most landlords don’t believe it comes anywhere near meeting the higher costs we will face.

1991 Rent Increase Guideline Exemption

Landlords with newer properties do not need to follow the government’s guideline.

It’s very important to know that if your property was not built before November 1st, 1991 you can raise the rent as much as you feel necessary to cover your costs.

You still must give proper notice to your tenants.

Opportunities and Challenges for Toronto Landlords in 2014

The low allowable rent increase is a challenge we face in the new year.

In fact, it’s only one of the challenges.

However Toronto landlords are ready and excited about 2014.

With good tenant screening and lots of good tenants out there, the new year is one filled with opportunity.

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Toronto Landlords: Is It a Good Idea To Give Christmas Gifts To Your Renters?

December 16th, 2013 · Toronto Landlords, Toronto tenants

 Toronto landlords do you give tenants Christmas gifts

Many times the only contact landlords have with their tenants is if they have to go to the Landlord and Tenant Board.

And we know it’s important to have a good relationship with your tenants considering it can take months to evict a bad tenant and cost you thousands of dollars along the way.

Some landlords swear giving gifts is a great way to create strong relations with your tenants while others disagree

You remember when you were a kid how great it was to see another present for you added under the tree.

Even as an adult most of us appreciate when someone gives us an unexpected gift.  It could be from your neighbor, a relative who you haven’t seen for a while or even a co-worker or boss.

What about giving gifts to your good tenants?

It’s a question that was recently asked at the Ontario Landlords Association forum.

Landlord Carole Says Yes

A Hamilton landlord named Carole said most of her tenants are on fixed incomes.

Her tenants pay rent on time (and some even regularly pay early) and she buys gifts to show her appreciation.

As her tenants are on fixed incomes Carole knows her tenants don’t have the extra funds to treat themselves to something special. So she goes to Costco and buys cookie and chocolate baskets for her tenants.

The baskets look good, taste great, and only cost $20 each. Her experience is her tenants really like them and appreciate their landlord showing class and generosity.

Carole says when she gives her tenants gives she was “thanked with hugs and big smiles from each one.”

She says her tenants are very good to her and her properties so she wants to “make sure they know that we appreciate that about them too.”

Niagara Falls Landlord Says No

A landlord in Niagara Falls doesn’t give gifts to his tenants.

He says he doesn’t see a need to.

He is a professional landlord and his tenants are already rewarded with well maintained properties and a service-oriented landlord.

Another landlord in British Columbia says many of his tenants don’t even celebrate Christmas and would find it weird if he gave them gifts.

It Is a Good Idea To Give Christmas Gifts To Your Good Tenants?

There’s no set and firm opinion. It depends on you and how you feel you can best deal with your tenants.

You can join in the discussion at the Landlord Forum and even vote for what you think is the best option.

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Tenant Screening Toronto: Tenant Credit Checks

November 5th, 2013 · Tenant Credit Checks

 Tenant Screening Toronto Tenant Credit Checks

We’ve already tackled some important issues facing Toronto Landlords.

Whether it’s dealing with freeman-on-the-land tenants or taking your tenants to small claims court, we are hitting important topics and issues. And these topics are important for Ontario landlords.

Renting To New Tenants

One of the most common questions we receive are requests for tips and advice on how to find good tenants.

Here’s a recent email in from “Mike from Toronto”

Mike’s Landlord Story

I inherited my tenant when I purchased my rental property three years ago.

The previous owner recommended her and said he was sorry to sell the property.

He was retired and needed to cash out to pay for his new retirement home on the beach in Florida.

Upon his recommendation I took over the rental and the tenant.

For the past three years Jen has been an ideal tenant!

She has always paid on time and kept the property in terrific shape.

She even did those ‘little repairs’ herself instead of calling me to fix the small things.

When you have a tenant like this being a Toronto landlord is easy and, dare I say it, fun.

I received proper notice from Jen she has bought her own condo and will move out in 60 days.

I’ve now started to try to find a new tenant. This will be my first tenant.

Already I’m finding it really hard and am looking for some advice. I’m a bit scared.

No, make that really scared with all the stories I’ve been reading about landlords getting ripped off.

Tenant Screening

Mike should be a little scared.

After all there are lots of examples of bad tenants out there who manipulate the Landlord and Tenant Board.

Stories about tenants who don’t pay rent, do lots of damages and ‘play’ the Tenant-friendly Ontario system are numerous.

There are lots of bad tenants out there.

How Can Toronto Landlords Find Good Tenants?

One of the best ways to make sure your tenant will pay the rent and respect your property is a Tenant Credit Check.

This will show you the history of your potential tenant including:

1. Do these tenants have any lawsuits against them?

2. Do these tenants pay their bills on time?

3. Do these tenants owe money to anyone?

By looking at their financial history you can get a heads up on their present and future financial actions.

Few tenants with good credit scores want to ruin those scores by cheating their landlord and not paying rent.

Where Can I Do A Toronto Landlord Credit Check?

The Ontario Landlords Association offers the best quality credit checks out there for the most affordable fees.

Check out the Ontario Landlords Association membership page.

For a one-time fee you can start doing tenant credit checks with Equifax for only $10.

It’s a deal for Toronto landlords that can’t be beat.

Make sure you do property tenant screening, including tenant credit checks to find good tenants who pay on time and respect your property!

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Freeman On The Land Tells Landlady – This Basement Apartment Is Now My Embassy

October 2nd, 2013 · credit check, criminal check

 Freeman on the land declares rental property his embassy

Toronto Landlords Need To Screen Our Tenants Carefully!

We’ve already discussed what options Toronto Landlords have to seek justice after your tenants move out.

Small Claims Court can be a long and complicated process but it’s an option for landlords if your tenants leave owing you rent or have damaged your rental property.

What If Your Tenants Won’t Move Out

The Huffington Post had a crazy story last week about a landlord in Calgary who faced a tenant who

1. Refused to pay the proper rent

2. Damaged the property

3. Changed the locks without permission

4. Painted the bedrooms black

5. Wouldn’t move out when asked

It’s a must read story for all Toronto investment property owners and potential investors.

Crazy, Crazy, Crazy!

The situation was explained at the Ontario Landlords Association website.

The Freeman Tenant said he was a handyman.

He received a recommendation from the landlady’s friend and persuaded the landlady to allow him to move in and make improvements to the unit in exchange for the three month’s rent.

It was too late for Rebekah Caverhill to discover that the tenant has replaced the locks, gutted the bathroom as well as the kitchen and more.

Your Basement Is Now My Embassy! I Own It!

Caverhill was afterwards informed that he was a Freeman-on-the-Land and he declared the property was his embassy.

No this isn’t a joke.

Freemen are so-called “sovereign citizens” who believe that they are free from the government’s restrictions and conspiracies.

The group believes laws only govern them if they agree to it.

The B.C. Law Society claims there might be 30,000 Freemen in Canada.

That’s 30,000 people who believe they don’t have to pay taxes, utility bills, mortgages, parking tickets…or rent!

Oh, By The Way You Owe Me $26,000 For the Damages I Did To Your Basement Apartment

She was also given an invoice of $26,000 from the tenant’s personal company for all the work done and a Land Titles Office notice for a $17,000 lien, a legal claim to secure the performance payments or a debt on the property.

Could This Happen in Toronto?

Yes, it could.

Furthermore, the laws in Alberta are for favourable to landlords and good tenants.

The laws in Alberta allow for quicker evictions which means landlords can evict bad tenants and create more options for good ones.

Things are very different in Ontario where the Residential Tenancies Act and the Landlord and Tenant Board reward bad tenant behaviour.

If this Freeman tenant rented a basement in Ontario who knows how long it would take to evict!

Tenant Screening

Toronto landlords this is a wake up call for all of us. Make sure you screen your tenants well including a credit check and a criminal check.

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Toronto Landlords and Small Claims Court (what to do after your tenant moves out!)

September 12th, 2013 · Landlord Rights

 Toronto landlords go to small claims court after reading the Ontario Landlords Association homepage

Being A Successful Toronto Landlord Means Being Kind, Professional, Having a Great Property … and Always Prepared (even for Small Claims Court)

We live in a great city.

Just today at the opening of the new burger restaurant Wahlburgers, owner and Hollywood star Mark Wahlberg said this about our lovely city

It’s the “the most interesting city in the world!”

If you don’t immediately recognize the name Mark Wahlberg think of the classic movie ‘Boogie Nights”, his “Good Vibrations” super hit (under the name Marky Mark in the early 1990’s) or even the, um, not bad remake of Planet of the Apes in 2001.

Toronto Is Interesting

Our city is interesting. It’s even more interesting if you are a residential landlord in the city.

There is a huge number of excellent tenants here.

We have already provided some advice on how to attract these great tenants and generate interesting in your rental property. 

See:  How To Find Great Tenants? One Landlord Gives an iPad If You Rent One Of His Units

Lots of Good Tenants and Lots of Bad Tenants Out Here Too

Let’s be frank. While the majority of tenants in Toronto are good rule abiding people, there are also some not so good tenants.

Some people refer them to Tenants from Hell. They are out there.

We would prefer to call them ‘bad apples’ if that’s okay.

What Can You Do If Your Tenant Leaves You Owing Rent Or Has Damaged Your Property?

This is a great question.

Most people will say you need to go to the Landlord and Tenant Board.

For tenants who have moved out and have issues with their former landlord this is, in fact, the way to go.

Landlords Can’t Use the Landlord and Tenant Board

In another example of the unfairness for landlords under the Ontario Residential Tenancies Act, after a tenant moves out the landlord can’t go to the LTB.

Only tenants can. Yes, really.

So What Can A Landlord Do?

If you are the landlord you have to go to Small Claims Court.

Many people find the idea of going to Court very intimidating.

Fortunately there is an amazing story at the Ontario Landlords Association.

The story is about an OLA member describes his experience at a ‘Settlement Conference’ at Small Claims Court.

It’s great reading for all landlords.

Make sure you don’t miss it!

To Discuss This And Other Landlord Issues Go To the Ontario Landlord Forum

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How To Find Great Tenants? One Landlord Gives an iPad If You Rent One Of His Units

September 1st, 2013 · Landlord Marketing

 Find Great Tenants Landlord Gives Free iPad for Signing a lease

Experienced landlords are aware that a big part of whether or not you are successful depends on who you put in your rental unit.

There are a lot of good tenants out there. What is a ‘good tenant’? It’s someone who respects the law, your lease agreement, pays on time and respects you and your property.

Renting to such a tenant can make being a landlord a pleasant and profitable experience.

It’s also important to be aware there are bad tenants out there.

The Ontario Residential Tenancies Act isn’t exactly ‘landlord-friendly.’

For example, unlike British Columbia or Alberta in you cannot charge a damage deposit.

This means tenants in those provinces have a clear financial incentive to clean up and make sure repairs are done for any damages before they move out.

In Ontario if a landlord finds a mess and damages, you have to find your ex-tenants and go to Small Claims Court.

How Do You Find Good Tenants?

Tenant screening is vitally important for Toronto Landlords.

However you also have to make sure you get applicants to apply to rent from you. The fewer applicants you have the less chance you have to find tenants you want to rent to.

So How Can I Get People To Apply For My Rental?

One landlord in Charlottetown has an interesting way to create interest in his property and apply for his rental units.

According to a report on CBC News Landlord Jason Pitre rewards an iPad Mins to anyone who leases one of his units.

A Charlottetown landlord is offering a high-tech incentive for new tenants.

Jason Pitre will be handing out iPad Minis to anyone who signs a lease for one of his apartments in Brown’s Court.

He doing this because he has a high vacancy rate and wants to attract more potential tenants.

Pitre says:

“In the Charlottetown marketplace in the last five years we’ve experienced a lot of ongoing development and construction, which typically is a good thing for consumers because it offers them more choice.”

This is only one example of a landlord being pro-active to generate increased interest in their property. The more interest you have the better the chance you can avoid bad tenants.

In the next few blogs we’ll discuss other ways you can be aggressive and positive and help the good tenants out there find you and your rental. To Discuss

This And Other Toronto Landlord and Tenant Issues Go To The Ontario Landlord Forum

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The Fight To Avoid Eviction Is Over As Tenants Agree To Move Out

August 25th, 2013 · Tenant and Landlord Legal Issues

Leaside Tenants Moving After Being Evicted

It wasn’t long ago tenants in a building in Leaside were preparing to wage war with their landlord and fight evictions orders informing them they had to move out.

The apartments are small group of apartments on Bayview Avenue. Just like the cemetery which is right across the street, the community was looking like a ghost town more and more each week as tenants left. The Group Of Six There are ninety-seven apartments in the complex. However, most people had already left leaving only nice units still with tenants.

The Group of Six

There are 97 apartments in the complex. However, most people had already left leaving only nine units still with tenants.

Of those nine three had agreed to move out. Six tenants, who are seniors and living on a small fixed income remained.

Eviction Notices

Tenants of the affordable units received eviction notices at the end of April informing them that the owners ADMNS Kelvingrove Investments Corp wanted them gone. It’s not like these seniors were bad tenants, but the Corporation would be renovating the old complex for the next 18 months and then seeking to raise the rents “significantly above the Ontario provincial guideline.”

Aggressive Landlords

According to tenants association leader Jade Jenkins, the landlords had been “very aggressive, pushing, pushing, pushing people to sign the form.” Despite the fact some tenants had been living there for more than forty years they were given one months notice go get out.

The owners responded by saying “We sympathize with our tenants and realize that the relocation has and will have significant impact on them… our team has been committed to helping all of the tenants make the transition to new accommodations.”

Things Have Changed Over the Past Month

The last tenants who were holding out have changed their minds and now agree to move out. Once they are gone, the landlord can begin doing renovations.

Details are protected by confidentiality agreements. However, in the past tenants have received very generous rewards for moving. These include free rent and more than three months of rent in cash after they vacate.

To Discuss This And Other Landlord And Tenant Issues Go to the Free Ontario Landlord Forum

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