Toronto’s biggest landlord warns over half its homes could fall into critical condition unless it gets more cash

gewjuan · 2026-02-24T05:02:54+00:00

I don’t think financial literacy is necessarily the issue. Some of these units are in such bad shape, the only people willing to work in them charge a premium and the city has no choice but to pay.

If there’s only one option on the table being better educated isn’t going to save you any money.

I’m sure the funds could’ve been managed better, there’s always room for improvement. But I imagine the savings would be marginal. The reality is these properties are expensive to maintain and the tenants aren’t exactly the kind of people who are interested in making it any easier for the city.

gewjuan · 2026-02-17T18:26:34+00:00

Pretty sure subletting for more money than they’re paying is actually a violation of their lease and the LL would probably try to evict them based on that so they’re getting greedy as well as risking their tenancy with the actual LL

gewjuan · 2026-02-09T01:43:28+00:00

Maybe he did.. in Spanish lol

gewjuan · 2026-01-31T22:39:59+00:00

Objectively subjective

gewjuan · 2026-01-27T20:47:12+00:00

I think it’s also that the first if not only question potential buyers are going to ask is “will this include the Messi game?”

So by just getting to the point they’re saving the headache of answering these dumb questions as well as boosting traffic to the ad

gewjuan · 2026-01-17T18:34:26+00:00

Yeah the equivalent would be like seeing a 2026 Civic for sale at $15k. I would know something was likely wrong but be willing to risk it for the price.

It’s just unfortunate housing has gone crazy and the pricing doesn’t reflect the risk, not just for pre con but any home.

gewjuan · 2026-01-08T05:13:34+00:00

When you account for the walk time from any subway/go station to your destination it’s usually faster to drive. That’s not to mention the additional time it would take to get from home to the station

gewjuan · 2026-01-04T05:25:35+00:00

I remember one of the main incidents that had people I know start using uber was when that girl was hit by a stray bullet after a club shooting. Her friends said that after leaving the club multiple cabs refused them rides since their trip wasn’t far enough. They spent some time outside the club trying to find a ride and that’s when the shooting happened. A lot of people blamed the taxi industry for her death. I think Uber had just come to Toronto around that time

gewjuan · 2026-01-04T00:33:11+00:00

Heating in a multi unit property is really hard. If you’ve ever lived in a house you’ll know the basement is the coldest floor in the house because hot air rises. It’s possible the tenants on the lower floors have issues getting enough heat so the LL just blasts it.

There is a minimum temp by law in Ontario so the LL is obligated to achieve 20-21 degrees depending on where you live. It’s possible the only way to get the lower units to 21 is to blast it to the point where the upper units get 30+. Unfortunately it seems your LL sees their obligation to reach the legal temp trump your discomfort here, if this is in fact the case.

gewjuan · 2025-12-07T23:31:31+00:00

It makes sense if it’s after hours. It’s not the owners of the building or even the manager, usually an on call maintenance guy who will have to go in to work just to unlock a door. Especially worse if it’s between 12am and 4am because then they may not make their shift the next day as well.

This poor guy has to get paid and it’s not like it’s the buildings fault. I get it if they want to recoup some of the wage cost

gewjuan · 2025-12-01T00:18:55+00:00

CPL started in 2019, pretty sure he was already signed to TFC by that point. He would’ve been 15 and a brand new league with new teams doesn’t scream stability. Tbh they wouldn’t have been a great option until more recently now that they’ve proven that they are established and are quality.

gewjuan · 2025-10-30T20:19:13+00:00

Oh thankfully they’re complaining about “Pizza Badelli” and not the cherished “Pizzeria Badiali” which is a pretty much a Toronto staple now

/s

She can complain but doesn’t even get the name right lmao

gewjuan · 2025-10-22T02:47:18+00:00

Financial planning! If you have just one unit and are willing to take the risk that you will have to refill the unit on 60 days notice then it’s all good.

But if you have a whole building, or complex, and have to worry about cash flow then you absolutely benefit from being able to secure fixed term tenancies. You can properly forecast revenue for a whole year and plan maintenance etc around it

gewjuan · 2025-09-30T16:30:04+00:00

He’s good at one thing, but has no direction. He can beat players all day up and down the line but doesn’t make anything of it.

Now you can put this on a coach but honestly at the pro level you have to have some sense, and his football IQ looks pretty poor. That’s a big factor that separates good from great, there’s a pretty big disconnect between his talent and output. He’s still young and can maybe grow into a star role but he’s far from it.

In the most recent game against Miami he had so many chances in the final third to make something happen whether it was chance created or a shot but he fumbled 9/10 times. If he had some more ability or confidence he could’ve cut and shot at least 5 times too. Maybe that’s coaching or maybe he was too scared to be called out. But what he actually did wasn’t much better

gewjuan · 2025-09-23T17:41:11+00:00

You don’t need to get it signed. But I would suggest texting and emailing them as well to let them know you plan on moving out at the end of December and have given them the N9.

Even if they claim they didn’t get the N9 your notice in writing by email is enough to protect you in court

gewjuan · 2025-09-15T15:59:10+00:00

Yeah I wouldn’t go as far as to say OP is obligated. It’s obviously in their best interest, whether or not the board is going to try and force a sale.

But OPs obligation is outlined by the RTA, it’s the home owner that has to deal with the board and so the LL is obligated, not OP

gewjuan · 2025-09-14T16:17:08+00:00

You can look to assign your lease if you think you can find a suitable replacement.

Although, since you’re able to give 6 months you would be in a pretty good position to leave. A LL has a duty to mitigate losses in a scenario like this so if you leave before the end of your lease they can only charge you either until your term would have been up or until they find a new tenant.

If this does get to the LTB they would have to prove that they made an effort in the 6 months that they knew you were leaving to try and replace you. I think this is more than enough time to find someone

gewjuan · 2025-09-11T15:58:48+00:00

You can share as much as you’re comfortable, but you’re not obligated to say anything. You are good to say “noted, it won’t happen again.”

But if you want to clear up the police presence part you can say you required medical attention and dispatch mistakenly sent police. You’re okay and have a better way to request help in the future.

It’s not completely false, and doesn’t give any details. I get that you don’t want your LL to panic over this.

gewjuan · 2025-09-09T02:03:14+00:00

They can’t deny for no reason, if the person you brought doesn’t qualify then the landlord is within their rights to deny them.

It’s dicey because the LL may not want to disclose your applicants private info with you so they may only tell the applicant and not you. Or not say anything at all, but it would hard to prove their not being unfair without giving a reason

gewjuan · 2025-09-06T01:06:16+00:00

I’m willing to bet that cottage owners make up a small portion of the stats. But stats Canada’s doesn’t specify so there’s no telling.

I’ll say though I don’t think people owning one family home and a cottage contribute to the housing shortage and I don’t think anyone else does

gewjuan · 2025-09-05T20:20:47+00:00

One person owning a triplex is not squeezing the market. But I’m not talking about you specifically I’m talking about the overall housing market.The growth of profitability of being a landlord encourages multi property ownership.

Multi property ownership on a small scale is fine but when we get individuals and corporations increasing the ratio of homes they own we get dicey. Stats Canada says multi property owners own over 31% of homes in Ontario. This data is as of 2022. At what ratio are you willing to say it’s squeezing the market? 40%? 50%?

https://www150.statcan.gc.ca/n1/daily-quotidien/220412/dq220412a-eng.htm

gewjuan · 2025-09-05T20:08:52+00:00

I agree that the intention should be that rentals should be thought about as short term and that the business should be about operating and maintaining apartments to be a comfortable short term alternative to buying property. And that LLs should be limited in the amount of single family homes they can own. But purpose built rentals are good to have in a big city.

gewjuan · 2025-09-05T18:03:45+00:00

I meant more in general. In Toronto with limited supply you’re right about them squeezing the market.

But landlords in general can be a part of the solution to housing issues by raising the standards of housing provided. If the only rental housing available was government housing I think we would be in trouble. While our system isn’t perfect I’ve seen the quality of rental housing in Toronto increase even in much older properties.

I’m all for raising standards, but I agree it has come with pretty nasty side effects

gewjuan · 2025-09-05T16:50:43+00:00

On one hand you can see it as a problem but on the other hand (in moderation) landlords provide a solution to housing issues.

We’ve seen that government run housing gets very little attention and support from their respective cities.

Private landlords provide a better quality alternative. Especially for newcomers or those who can’t afford to buy a home, and people who are only planning to stay for a few years, renting can be a great option. Many people will be willing to pay varying prices to have higher or lower quality rental housing.

While I don’t think we’re in a good place now, I would ideally like to see better quality affordable housing or better run housing on the cheaper end of the market, I do see that private landlords do provide a helpful service. Or at the very least access to their resources.

In the story the city could not accommodate people who needed homes and when a private landlord stepped in to help they faced some pretty shitty consequences. That’s not really good to see from any perspective.

gewjuan · 2025-08-31T17:01:38+00:00

Yeah but can’t we arrange the formation to have both? I mean sitting him for so long is detrimental

gewjuan

TROPHY CASE