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What Bill 60 means for Ontario's housing market | Canadian Mortgage Professional

What Bill 60 means for Ontario's housing market Housing minister Rob Flack framed the changes as essential to restoring market balance

Chapters of Awareness

# #’s Bill 60 known as the “Fighting Delays, Building Faster Act, 2025” includes significant tenancy-related changes with the following key impacts on tenants:

• Tenants are no longer allowed to raise new issues or present new evidence during Landlord and Tenant Board (LTB) hearings, limiting their ability to fully defend themselves.

• The appeal period for tenants is cut from 30 days to just 15 days, reducing time for tenants to respond or appeal eviction decisions.

• Landlords no longer have to provide tenants with one month’s rent as compensation when evicting tenants for personal use of the property, as long as at least 120 days’ notice is given. This removes a financial buffer for tenants facing eviction.

• Tenants must pay 50% of the alleged unpaid rent upfront to be able to contest claims during eviction hearings, which can create significant financial barriers to defending their tenancy.

• The eviction process is being sped up, making it easier and faster for landlords to evict tenants who do not pay rent on time or for other reasons

• Critics and tenant advocates warn these changes weaken tenant protections, increase housing instability, and could exacerbate homelessness in Ontario.

Overall, Bill 60 raises concerns about limiting tenants’ rights in hearings, removing compensation safeguards, shortening appeal times, and facilitating faster evictions while not addressing affordability or tenant protections adequately.

This bill is seen by many as improving efficiency for landlords but to the detriment of renters, especially vulnerable populations in Ontario’s tight rental market.

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Business for sale at Niagra - ON

4500 Sf Main floor build up - kitchen, dine-in & bar with 2 separate multiple washrooms for men and women , Upper floor - 4 rooms( can be used as privets party rooms but needs to be renovate), 1 store room, 2 separate men and women multiple washrooms.
Basement - dry storage and walk-in freezer, rest is empty.
Private parking for upto 8-9 cars, can also be used and built as patio

Contact (416) 460-6639

Isn't it the best market to buy.
I invested , did you ?

Properties at these prices 🫨 surprising !!

why was this not a situation when I bought mine ? What we got for x amount is available at half the price of that x amount….
And mortgage at our times uffff .thunders before approval .
And now - a cakewalk.

My analysis

Is market down ? Can’t say
Am I jealous ? No
Am I excited ? Yes , but not for myself
Will I sell ? I am confused
Will I buy ?? 100 pc
Why wait ?? Considering options
Do I see growth ?? Undoubtedly

For the serious buyers who want to buy , invest or plan a better future for your generation next , u won’t get such opportunity in two decades.






For the available ones , reach out to [email protected] and
@gmail.com

Welcome Winters , bless us again.

416-460-6639

Beautifully designed 2-bedroom, 2-bathroom condo located in one of Oakville's most sought-after neighbourhoods. Sun-filled space featuring an open-concept layout.
Area - 850 sq ft, this modern unit offers a perfect blend of style, comfort, and convenience.
Living room - The spacious room opens to a private balcony with tiled flooring perfect for relaxing or entertaining.
Dining area - flows seamlessly from the living space, making it ideal for hosting guests.
Kitchen - sleek kitchen boasts stainless steel appliances, quartz countertops, a stylish backsplash, and ample cabinetry designed for both everyday living and culinary enjoyment. Bedrooms - primary bedroom with customised closet and a luxurious 4-piece ensuite.
The second bedroom includes a large closet and floor-to-ceiling windows that flood the room with natural light.
Parking - One underground parking spot and a large storage locker.
Proximity - Walking distance to transit, Walmart, Superstore, LCBO, restaurants, banks, and more. Just 10 minutes to Oakville GO Station, QEW, and Highway 407. Don't miss your chance to own a move-in-ready condo in the heart of Oakville's vibrant and convenient community.
Price - absolutely manageable
Contact - 416-460-6639
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Lease a prominent 2100 Sq. ft. shop Heated Shop with washroom in Prime Industrial location of Woodstock. Adequate parking facility to support manoeuvre of heavy vehicles.
Zoning M2 allow many permitted uses like Truck Yard, Machine shop, contractors yard, an automobile service station, a warehouse and many more.
Minutes drive from Highway 401.
Contact - (416-460-6639)
Email - [email protected]