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Summarized by RentZenLast updated: July 26, 2024
4070 Old Dundas Street, Toronto, ON M6S2R6
Dispute resolved in
agreement
Balance Owed
-
Agree with the ruling?
Order Date
Feb 12, 2021
Landlord applied for an order to increase the rent above the guideline due to capital expenditures. The application was resolved by written hearing, with submissions received from the Landlord, a paralegal representing some Tenants, and a self-represented Tenant.
The Landlord may increase the rents charged by 2.99% for the units set out in Schedule 1, effective February 1, 2019 to January 31, 2020. This increase is in addition to the annual guideline. If a Tenant remains in the unit after the expiration of the 15-year weighted useful life for the capital expenditures, the rent will be reduced.
LTB Member
20
90.0%
5.0%
5.0%
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