Last updated: July 26, 2024
Ordered by Tribunals Ontario under Section 69, Residential Tenancies Act 2006
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Citation: MHI v Tenants, 2020 CanLII 120758 (ON LTB)
File Number: TSL-99159-18
Order Date
Oct 21, 2020
The Landlord may increase the rents charged by 4.08% for the affected units, with 3% increase from February 1, 2019 to January 31, 2020, and 1.08% increase from February 1, 2020 to January 31, 2021. The rent will be reduced after the expiration of the 15-year weighted useful life for the capital expenditure.
The Landlord applied for an order to increase the rent charged by more than the guideline due to capital expenditures. No submissions were received from the Tenants.
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