Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
David Capstick
  • Rental Property Investor
  • Sudbury, Ontario
3
Votes |
11
Posts

Ontario rent-to-income ratio

David Capstick
  • Rental Property Investor
  • Sudbury, Ontario
Posted

This is a question for any landlords or investors in Ontario:

The landlord tenant act and human rights code state that unless you are providing subsidized housing, it is illegal to us a rent-to-income ratio as a method for selecting tenants.

I understand that someone who does not meet your ideal rent-to-income ratio is likely to have one other legal screening criteria unmet, but have any of you run into problems with this? How are effectively financially screening your tenants without violating this law?

Thanks,

David

Most Popular Reply

User Stats

285
Posts
181
Votes
Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
181
Votes |
285
Posts
Jacob Perez
  • Rental Property Investor
  • Hamilton, Ontario
Replied

@David Capstick I find all of these regulations super weird. Normally if I don't rent to a tenant there are multiple reasons why lol. Income, being late to the showing, credit, they gave me the creeps in general lol.

I don't see how anything like that could be proven or enforced.

Loading replies...