It’s a story that’s become all too familiar in Ontario. A new owner swoops in, buys an apartment building and, soon enough, tenants are evicted so their unit can be renovated. That’s what’s happening at three Guelph, Ont. apartment buildings. And if the story sounds familiar, it’s because the new owner is the same one
Tag: tenants
Toronto tenants fight rent increase, argue landlord is partially using it to cover redevelopment costs
Tenants of a Toronto apartment complex are fighting an application for an above-guideline increase to their rent, because nearly half of it is covering an environmental assessment that’s typically used to help the landlord sell or redevelop the property. “It’s ridiculous,” said Amy Nyp, who has lived in one of 115 units in the three