Axes Investments Inc. v Milanov

Landlord wins · Toronto · 2021-05-31

Adjudicator

Tami Cogan

Dispute

Non-payment of Rent

Notice

Non-payment of rent (N4)

Amount

$10-20K

Landlord

Axes Investments Inc. c/o Tandem Property Management Inc

Tenant

I.M.

What happened

Landlord applied for an order to terminate the tenancy and evict Tenant due to failure to pay rent. The application was filed after the Tenant failed to meet certain conditions specified in a previous order issued by the Board.

The ruling

The tenancy is terminated effective June 11, 2021. The Tenant must pay the Landlord $14,249.99, which includes rent arrears, application fees, and compensation for use of the unit, less the rent deposit and interest owed on the deposit. If the Tenant does not pay the full amount by June 11, 2021, interest will accrue at 2% annually on the outstanding balance.