AKELIUS CANADA LTD - TORONTO PROPERTY HISTORY REPORTS

Entering a rental unit and physical distancing     A landlord can only enter a tenant’s unit in specific circumstances. In most cases, the landlord must: give the tenant 24 hours written notice state what day and time they will enter (between the hours of 8 a.m. and 8 p.m.) state the reason for entering the unit There are some exceptions to this requirement, for example, in case of emergency. If the landlord has a valid reason for entering the unit, a tenant cannot refuse to let the landlord in. COVID-19 update:  During this unusual time, patience and understanding from landlords and tenants are necessary to help stop the spread of COVID-19. Landlords are encouraged to request entry only in urgent situations and to follow  physical distancing guidelines . Landlords who are selling tenant-occupied homes are strongly advised to follow the guidance of the  Real Estate Council of Ontario  and avoid in-person showings. Landlords are subject to the...

Corporate landlord is abusing tenants’ human rights, says UN housing expert LINK TO AKELIUS CANADA TORONTO TENANTS YOUTUBE CHANNEL LINK TO ONLINE ARTICLE POSTED APRIL 29, 2020 GENEVA (29 April 2020) – Multinational corporate property owner Akelius Residential AB is breaching human rights standards with its aggressive push for housing profits in countries around the world, a UN expert said today. “Akelius’s business model, driven by the desire to maximise profits, has created a hostile environment for its tenants through a severe degradation of housing conditions, higher rents and increased risk or threat of eviction,” said the UN Special Rapporteur on the right to housing, Leilani Farha. Swedish-listed Akelius Residential is a prominent landlord with over 44,000 rental apartments, valued at close to $13 billion in North American and European cities. Farha said she had heard of many cases where Akelius utilises an aggressive business model which wreaks havoc with people’s liv...

LINK TO AKELIUS CANADA TORONTO TENANTS YOUTUBE CHANNEL UPDATE: Parkdale building work paused after disturbing tenants in isolation Residents at home due to COVID-19 said construction noise was 'unbearable' NEWS   MAR 17, 2020   BY  VERONICA APPIA       TORONTO.COM Construction work to the balconies at 99 Tyndall Ave. is disturbing tenants who are trying to stay home and be safe during the COVID-19 pandemic. - Dan Pearce/Torstar Editor's Note: As of 3:17 p.m. Wednesday, March 18, toronto.com was notified  Akelius Real Estate Management Ltd., would halt construction at the building until further notice. Here is our original story. While residents of one building in Parkdale are trying to self-isolate amid the COVID-19 pandemic, they are experiencing other health concerns due to the racket caused by the sounds of jackhammering outside their units.  Construction work to the balconies at 99 Tyndall Ave. has ...

LINK TO AKELIUS CANADA TORONTO TENANTS YOUTUBE CHANNEL Updated Oct. 18, 2019 AVOID AKELIUS - WORST LANDLORD EVER Fordwych Road - June 2018 - ongoing If you are considering an Akelius property, STAY AWAY! Living in an Akelius property has been THE WORST experience I have had in nearly 15 years of renting properties in London. FOR OVER A YEAR NOW, I HAVE BEEN LIVING ON A LOUD, FILTHY AND UNSAFE CONSTRUCTION SITE! Save yourself the time and headache - go inform yourself and read the many bad reviews their tenants have posted online (Trustpilot, Google Reviews, Yelp). Now, search Google News for their negative media coverage. Then, ask yourself - why take the chance with Akelius? There are countless other properties with better landlords to choose from. COMPENSATION: After much complaining and having to unnecessarily follow-up my emails repeatedly as they were attempting to ignore me, Akelius reluctantly offered 20% rent reduction. They initially tried to scam me...

LINK TO AKELIUS CANADA TORONTO TENANTS YOUTUBE CHANNEL On December 31, 2019, and January 1, 2020, several tenants deposited their rent checks for the month of January 2020. The current property manager from Akelius Canada Ltd. -  Mr. Tristan Quamina-Pinnock  - neglected to pick up the checks from the metal rental box located off the lobby on the main floor. Two weeks later tenants received  N 4 eviction notices from the company issued by -  Mr. Tristan Quamina-Pinnock  - giving them until the end of January to pay the rent or move out. After receiving complaints from tenants concerning the wrongful issuance of these N4s, the property manager finally came over to the premises to retrieve the rent checks and only after tenants submitted second checks and money order payments.  As usual, there has been no formal apology to these tenants by Akelius Canada Ltd. Here is a suggestion,  Akelius  Canada Ltd . could send out a driver ...

ON SEPTEMBER 15, 2019 AKELIUS CANADA SOLD THE FOLLOWING PROPERTIES TO STARLIGHT INVESTMENTS LTD. FOR $176.8 MILLION DOLLARS. PROPERTIES AKELIUS CANADA SOLD TO STARLIGHT INVESTMENTS SEPTEMBER 15, 2019 Here are the apartments that Akelius sold: Links to the profile page of each building offering further detailed information.  PLEASE READ EACH PROFILE PAGE  TO FURTHER UNDERSTAND HOW AKELIUS CANADA LTD. ACHIEVED THE SALE PRICE FOR EACH PROPERTY .   *  580 The East Mall:  122 units with an average size of 1,001 square feet. Thirty-seven percent of the suites have been renovated and the building has received capital expenditures of $3.8 million; *   2701 Eglinton Avenue West:  49 units averaging 610 square feet. Sixty-one percent of the suites have been renovated and the building has received capital expenditures of $927,000; *   2040 Eglinton Avenue West:  37 units averaging 690 square feet. Forty-nine percent of the suites h...