Protecting rental units
The City cannot afford to lose its existing primary rental housing
(private rental and social housing) if it is to meet the rental demand
created by population growth. Toronto has strong policies to protect
existing rental housing, especially important in the current context in
which there has been no net increase in the supply of rental housing
over the last decade.
How Toronto protects rental housing
The City of Toronto has a Rental Housing
Demolition and Conversion
Bylaw that prohibits the demolition or conversion of residential
rental
properties in any building that has six or more rental units.
In addition to the City's Official Plan Housing policies (Section
3.2.1), the passing of Bylaw 885-2007 (now Municipal Code Chapter 667)
under Section 111 of the City of Toronto Act, 2006 gives the City of
Toronto enhanced authority to protect rental housing from demolition
and conversion to non-rental purposes (e.g. condominium, offices, or
other non-rental uses).
In the case of redevelopment
applications involving demolition, the policies provide that the City
may approve demolition on condition that the rental units are replaced,
tenants receive assistance with relocation and the right to return to
the rebuilt housing.
New provincial legislation, the City of Toronto Act, provides the City
with additional authority to refuse applications to demolish rental
housing or to convert it to non-rental purposes, or if approved, to
apply conditions.
How this
affects condos
The
City protects rental housing when applications were made to
demolish or convert existing rental buildings to condominium or
freehold ownership.
However, if the developer will provide acceptable replacement rental
units in place of the ones that are being lost, then the proposed
demolition can proceed.
So if a developer has a property that has 10 rental units, the city
will let him demolish that property if he will create 10 alternative
rental units in a different building. Therefore, some developers create
a block of rental units in their exiting or soon to be built
condominium projects.
Will the
condo buyers know this?
If they ask they'll be told but who would think of asking?
It will also be stated either directly, or indirectly, somewhere deep
inside the declaration. It is up to the buyers to read the
documentation and understand what it says.
top
contents chapter previous next