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Summarized by RentZenLast updated: July 26, 2024
51-67 Waterford Drive, Etobicoke, ON M9R2N7
Decision in favor of
landlord
Balance Owed
-
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Order Date
Nov 24, 2021
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.
The rent reduction set out in the Notice of Rent Reduction issued by the City of Toronto is varied from 0.85% to 0.39% effective December 31, 2019.
LTB Member
152
79.0%
5.3%
15.8%
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