MINTO TENANTS – RENT REDUCTION FROM DEC 31 2014

All Minto tenants have now received their notice of rent reduction from the City of Toronto.  The reduction must be applied starting from December 31, 2014.

The rate is minus 0.76%. Please refer to the City’s notice to calculate this reduction or contact the Minto’s Resident Services Centre staff who will help tenants with their new amounts.

For more information, tenants can also contact the Landlord and Tenant Board at (416) 645-8080 or the City of Toronto at www.toronto.ca/taxes/rent_reduction (under “Tenant Notification”).

This rent reduction came into effect because the municipal property taxes for the Minto residential complex have decreased (section 131 of the Residential Tenancies Act).