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Updated over 6 years ago on . Most recent reply

User Stats

13
Posts
3
Votes
Jeff Nishimura
  • Rental Property Investor
  • Thunder Bay, ON
3
Votes |
13
Posts

Evicting Tenants with New Ownership in Ontario

Jeff Nishimura
  • Rental Property Investor
  • Thunder Bay, ON
Posted

Hey BP,

I am currently in the process of acquiring a duplex that is occupied by tenants that are paying well-below market rents.  Legally, I can only increase rents by 1.8% under new ownership unless there is a capital expenditure or significant increase in property taxes that justify it.  Does anyone know of a way to evict them under the Residential Tenancy Act in Ontario?

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