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RENT REDUCTION 6.65% - 111 LAWTON BLVD. TORONTO ON

On February 3, 2026, I transmitted written notice by email to Ms. Shameeza Mohamed, Property Administrator, advising that LTB Order TSL-49237-14 was forthcoming and approaching its effective date. The Order mandates a rent reduction of 6.65% for certain tenants residing at 111 Lawton Blvd.,  Toronto . A copy of the published Order was attached to the correspondence. Ms. Mohamed acknowledged receipt of both the email and the attached Order and confirmed that  Akelius Canada Ltd. , through its accounting and legal departments, has commenced the process of implementing the required rent adjustments for all affected tenants in accordance with the Order. Further updates will be provided as they become available. RENT REDUCTION 6.65% If you have lived in your unit since 2012, you may qualify for a  6.65% rent reduction . To receive this, you must proactively apply to Akelius Canada Ltd., as they will not send out reminders. The reduction begins on your move-in anniversary. Plea...

LAST MONTH INTEREST PAYMENT

NOTICE FOR 111 LAWTON BLVD.  Your interest payment based on last month's deposit is now available in your account. If you have lived in your unit since 2012, you may qualify for a 6.65% rent reduction . To receive this, you must proactively apply to Akelius Canada Ltd., as they will not send out reminders. The reduction begins on your move-in anniversary. Please refer to your Landlord and Tenant Board order for more information, ORDER TSL-49237-14 Akelius Canada Ltd. has no legal responsibility to notify tenants of an AGI reduction: I have reviewed the current Ontario legislation and Landlord and Tenant Board (LTB) requirements regarding Above Guideline Increases (AGIs). The short answer is: No. Under the current Residential Tenancies Act (RTA) , a landlord is not legally required to send a new "reminder" notice to tenants when an AGI expires. However, they are legally obligated to automatically reduce the rent on the date specified in the original LTB Order. Her...

Ontario Rent Increase guideline for 2026 is 2.1%

The rent increase guideline for  2026 is 2.1% . The guideline is the maximum a landlord can increase most tenants’ rent during a year without the approval of the Landlord and Tenant Board. For most tenants, your rent can’t go up by more than the rent increase guideline for every year. The guideline applies to most private residential rental units covered by the  Residential Tenancies Act, 2006 . This applies to most tenants, such as those living in: rented houses, apartments, basement apartments and condos care homes mobile homes land lease communities The guideline does  not  apply to: new buildings, additions to existing buildings and most new basement apartments that are occupied for the first time for residential purposes after  November 15, 2018 rental units upon turnover of a tenancy (the landlord and new tenant agree on the rent amount) community housing units long-term care homes commercial properti...

2025 Ontario rent increase guideline 2.5%

Ontario residential rent increase guideline starting January 1, 2025 will be 2.5%.

AKELIUS CANADA LTD. - DO I HAVE TO GET TENANT INSURANCE?

  Do I have to get tenant insurance? You are not legally obligated to get tenant insurance but a landlord may require that you get insurance before they rent an apartment to you. Landlords have property insurance for the building or house itself but this doesn’t include coverage for the contents of your rental unit. It is a common misunderstanding that if there is a flood or a fire that was caused by a neighbouring unit or by the landlord themselves they will cover the damages to your contents. Without insurance, you would be required to pay for the replacement costs of your content (furniture, clothes and belongings inside your apartment) yourself. Another misconception is if you cause damage by accident to other units or your landlord’s home, that you won’t have to pay for the damages. If you are held responsible, you can be sued and expected to pay. These are some important reasons why you might consider getting tenant insurance even if your landlord doesn’t ...