AKELIUS TORONTO REPORTS

AKELIUS CANADA LTD. 

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EXPIRED AGI - RENT REDUCTION 6.65% FOR 111 LAWTON BLVD.

The following list includes apartment numbers and the last names of tenants eligible for a 6.65% rent reduction, as determined by LTB Order TSL ‑ 49237 ‑ 14. The list also specifies the date when the rent reduction takes effect for each unit. Please note that eligibility applies only if the tenant identified remains the current occupant of the listed unit. If the tenant has vacated, the unit is no longer eligible for the 6.65% rent reduction. To receive the rent reduction, eligible tenants must proactively apply to Akelius Canada Ltd. — reminders or automatic adjustments will not be issued.      START DATE FOR APPLYING 6.65% DISCOUNT      MAY 1, 2026 - APRIL 30, 2027  LAST NAME MOVE IN DATE 6.65% DISCOUNT DATE STARTS 103 * HUDANI March 1, 2012 March 1, 2027 107 * GACNIK October...
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Ontario Rent Increase for 2026 - 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...
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Last Month Interest Payment

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. Here is the detailed breakdown o...
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