Last updated: July 26, 2024
Ordered by Michael Di Salle,Tribunals Ontario under Section 69, Residential Tenancies Act 2006
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Citation: Centurion Apartment Properties (27 Thorncliffe Park) Inc. c/o Centurion Property Associates v Tenants, 2021 CanLII 73921 (ON LTB)
File Number: TSL-14628-20
Order Date
Jan 5, 2021
The rent reduction set out in the Notice of Rent Reduction issued by the City of Toronto dated September 9, 2019, is varied from 0.50% to 0.27% effective December 31, 2019.
Landlord applied for an order to vary the percentage rent reduction determined under section 132 of the Residential Tenancies Act, 2006 because the residential complex falls under the multi-residential property tax class and the amount of the municipal property taxes does not rise to 20% of the total annual rents charged, and there was an error in the calculation of the rent reduction contained in the Notice of Rent Reduction issued by the City of Toronto.
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