MAY 1, 2026 6.65% RENT REDUCTION.

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May 1, 2026, the following tenants can reduce their rent by 6.65%, as awarded by the Landlord and Tenant Board case TSL-49237-14  LINK TO CASE TSL-49237-14

  

 

 

UNIT #

 

   NAME

MOVE IN DATE

REDUCE RENT 6.65%

808

 

* BECKER

May 1, 2006

May 1, 2026

1001

 

* GALLAGHER

May 1, 1982

May 1, 2026

1209

 

* HARRISON

May 1, 2002

May 1, 2026

306

 

* HATCHER

May 1, 2011

May 1, 2026

 

 

 

 

 

Print and fill the following, including the letter with your May 1, 2026, rent payment.

To: Akelius Canada Ltd.
533 College Street
Toronto, Ontario M6G 1A8

Attention: Ms. Shameeza Mohamed (Property Administrator)

Date: ____________________________, 2026


RE: MANDATORY RENT REDUCTION – 111 Lawton Blvd., Toronto, ON M4V 1Z9
REFERENCE LTB CASE #: TSL- 49237-14  LINK TO CASE TSL-49237-14

Dear Ms. Mohamed,

This letter serves as a formal notice regarding the expiration of the Above Guideline Increase (AGI) granted under LTB Order TSL-49237-14.

Under Section 129 of the Residential Tenancies Act, 2006, a landlord is legally required to reduce a tenant’s rent on the date specified in the LTB Order. As the capital expenditure portion of the rent increase in the aforementioned case has now expired, the rent for my unit must be reduced by 6.65%. Please find the details regarding my tenancy and the required adjustment below:

  • Tenant Name: ________________________________________________

  • Apartment Unit: ______________________________________________

  • Effective Date of Rent Reduction: _______________________________

  • Current Monthly Rent: $________________________________________

  • New Monthly Rent (Minus 6.65% AGI): $___________________________


I expect this reduction to be reflected in my next scheduled rent payment (May 1, 2026). If my rent is paid via Pre-Authorized Debit (PAD), please ensure your accounting department adjusts the withdrawal amount immediately to prevent an overpayment.

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. While the company doesn't have to remind you, they must stop charging the extra amount.

  • The Landlord's Duty: Under Section 129, the landlord "shall" reduce the rent on the specified date. If a multi-residential company's accounting system fails to trigger this reduction, they are in breach of the Act.

  • The Tenant's Remedy: If the company continues to collect the higher rent, you can file a Form T1 (Tenant Application for a Rebate of Money the Landlord Owes). You have 12 months from the date of the first overpayment to file this claim.

Please provide written confirmation to the email or unit address below that my account has been updated to reflect the legal rent.

Sincerely,

Signature: _______________________________

Email/Phone: _____________________________________ Phone# ________________________________



Proof of Service: I recommend that each tenant keep a photocopy of their signed letter. If delivering by hand to a drop-box, take a photo of the envelope going in. If sending by email, use "Request a Read Receipt."  toronto.servicecentre@akelius.ca    





CALCULATIONS 

Ontario Landlord and Tenant Board guidelines govern rent reduction calculations.

Part 1: Tenant Rent Reduction Calculation Sheet

The LTB Order for Case TSL-49237-14 requires a 6.65% reduction.

Step 1: Determine your Current Rent

Write down the total monthly rent you are paying right now.

Current Rent: $_________ (A)

Step 2: Calculate the 6.65% Reduction Amount

Multiply your Current Rent by 0.0665.

(A) $_________ x 0.0665 = $_________ (B)

(This is the amount your rent will drop by)

Step 3: Calculate your New Rent

Subtract the Reduction Amount (B) from your Current Rent (A).

(A) $_________ – (B) $_________ = **$_________ (Your New Rent) **

LINK TO CASE TSL-49237-14


FURTHER INFORMATION OF INTEREST

Residential Tenancy Act 2006

129. If the Board issues an order under subsection 126 (10) permitting an increase in rent that is due in whole or in part to eligible capital expenditures,

(a) the Board shall specify in the order the percentage increase that is attributable to the eligible capital expenditures;

(b) the Board shall specify in the order a date, determined in accordance with the prescribed rules, for the purpose of clause (c); and

(c) the order shall require that,

(i) : if the rent charged to a tenant for a rental unit is increased pursuant to the order by the maximum percentage permitted by the order and the tenant continues to occupy the rental unit on the date specified under clause (b), the landlord shall, on that date, reduce the rent charged to that tenant by the percentage specified under clause (a);

2006, c. 17, s. 129.

 

Residential Tenancy Act 2006
3. Automatic vs. Manual Reductions

While the company doesn't have to remind you, they must stop charging the extra amount.

  • The Landlord's Duty: Under Section 129, the landlord "shall" reduce the rent on the specified date. If a multi-residential company's accounting system fails to trigger this reduction, they are in breach of the Act.                                           

     Example:

·         If the first effective date of increase in this order is April 1, 2007 and the weighted useful life for capital expenditures is 12 years, then the rent will be reduced on March 31, 2019.

In your case:

·         If the first effective date of increase in this order is May 1, 2014 and the weighted useful life for capital expenditures is 12 years, then the rent will be reduced on April 30, 2026.

CASE STUDY

Landlord and Tenant Board

Date :

2024-07-24

File Numbers :

LTB-T-085055-23

Citation :

Doehler v North Edge Properties Ltd., 2024 ONLTB 46906 (CanLII), <https://canlii.ca/t/k7lxc>, retrieved on 2026-04-30 - Address: 200 Roehampton Ave. Apt. 807, Toronto AGI reduction 3.00$.

LINK TO CASE:   <https://canlii.ca/t/k7lxc>,


North Edge Properties

**North Edge Properties Ltd.** is a property management and development company in Toronto with over **45 years** of experience in managing residential apartments and condominiums. They specialize in providing rental housing and own several notable buildings in the Greater Toronto Area.




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