Published 4 hours ago • loading... • Updated 60 minutes ago
Landlord withdraws rent increase after tenant strike at Toronto apartment: organizers
Tenant organizers say the landlord withdrew an above-guideline rent increase application after tenants withheld rent for six months.
On Friday, tenant organizers say Metcap Living withdrew its rent increase application for 75 Spencer Ave in Toronto after a six-month rent strike.
In March, tenants at the building began withholding rent after the property manager applied for an above guideline increase, or AGI, to fund lobby renovations and office conversions.
Residents argued the renovations did not improve living conditions and that a 5.4 per cent rent increase was unaffordable, exceeding Ontario's 2.5 per cent maximum allowable increase for rent-controlled buildings in 2025.
Tenants traveled to Montreal last weekend to confront the building's new owner, who purchased the property in May, over the proposed rent surcharge.
Bryan Doherty of Parkdale Organize said the strike succeeded because "they formed an independent organization, stepped outside of legal and political convention, and directly confronted their landlord.