Sundas Riaz, Realtor

📌 ONTARIO BILL 60 — WHAT LANDLORDS NEED TO KNOW

Bill 60 has officially passed — but it is NOT in force yet. It still needs Royal Assent and a proclamation date from the Ontario Government.
When it does take effect, here are 6 major changes every Ontario landlord should know:
1️⃣ Non-payment timeline drops from 14 days → 7 days
Faster N4 process — but only once the new sections come into force.
2️⃣ No more 1-month compensation for N12 (own-use)
Landlords must still give 120 days’ notice, but no compensation will be required.
3️⃣ Review deadline shrinks from 30 days → 15 days
Both landlords and tenants will have a shorter window to challenge LTB decisions.
4️⃣ Tenants must pay up to 50% of arrears to raise their own issues
At non-payment hearings, tenants must pay into arrears before raising s.82 claims.
5️⃣ All notices must use the newest LTB-approved forms
Using an outdated form could lead to delays or dismissal.
6️⃣ “Persistent Late Payment” to receive a formal definition
This new definition will make chronic late payment easier to address legally.
⚠️ Reality Check
Even with shorter timelines, nothing changes if the LTB continues to take months to schedule hearings.
The legislation is shifting — but the practical experience may still depend on tribunal speed.
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Every Ontario landlord should know these updates.
🔻 DISCLAIMER
This content is for informational purposes only and reflects information available at the time of posting. No recommendations are expressed or implied. Do not rely on this content to make business, legal, or financial decisions. Always consult a qualified professional for advice specific to your situation. Not intended to solicit clients currently under contract.

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