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Summarized by RentZenLast updated: July 22, 2024
280 Wellesley Street East, Toronto, ON M4X1G7
Decision in favor of
landlord
Balance Owed
-
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Order Date
Feb 10, 2023
Landlord applied for an order to vary the percentage rent reduction determined under section 132 of the Residential Tenancies Act, 2006 because the municipal property taxes in respect of the residential complex were changed after the Notice of Rent Reduction was issued by the City of Toronto.
The rent reduction set out in the Notice of Rent Reduction issued by the City of Toronto dated November 7, 2019, is varied from 1.63% to 0.62% effective December 31, 2019.
LTB Member
502
90.2%
4.8%
5.0%
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