I’ve been a realtor in Toronto for almost a decade, and the power imbalance between landlords and tenants is currently the worst I’ve ever seen.
When applying for a home, tenants must move mountains. They need great credit scores, strong employment histories, steady incomes and glowing references just to book a viewing. Meanwhile, all it takes to be a landlord is a down payment. This disparity has enabled some landlords to essentially ignore the law. Recently, two of my clients inherited a landlord who refused to replace their smoke detectors or repair the many holes in the walls.
The rise of illegal renovictions is another huge problem. Some friends of mine recently suffered such an ordeal. In most cases, the only way a landlord can legally evict a paid-up tenant in order to renovate is if the landlord, their family or their caregiver intends to live in the space after the renovation. To do this, the landlord must serve. Unaware of their rights under the law and their landlord’s true intentions, my friends signed the N12 and then scrambled to find a new home.
More Liberal BS from a liberal rag
This secret agent is either an imaginary person or certainly a bad tenant. The imbalance between landlords & tenants is WORST in Toronto and it’s actually favouring the tenants. If being landlord is just making downpayment- why not tenant become a owner 🤷🏻♀️
This article is complete trash. If 'all it takes to be a landlord is a downpayment' then all it takes to be a journalist is a computer. Clearly, 'secret agent' needs to learn how to write a truthful story. Nice Job ruining your reputation Toronto Life. fixtheltb LandlordsSolo
All the for the dubious 'privilege' of living in ... Toronto. The meteorite can't come soon enough...
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Source: TorontoStar - 🏆 60. / 55 Read more »