Article content continued
“We have a list of about 130 trusted suppliers working in the neighbourhood or nearby,” Klopot says.
When you say ‘rental,’ everyone thinks of a 1970s-style building
However, there’s no guarantee of stellar management in PBRs or condo rentals, says Geordie Dent, executive director of the Federation of Metro Tenants’ Associations (FMTA).
He points to the example of corporate rental landlord Akelius Canada Ltd., who in 2014 eliminated onsite supers from several buildings, replacing them with a centralized tenant hotline.
On the condo side of things, Dent commonly hears complaints from renters who have a relationship with the unit owner but not with condo management or the board, which often handles repairs. Those renters can get caught in arguments over liability between the owner and the board, he says. Meanwhile nothing gets fixed.
When it comes to security of tenure, however, PBRs could be the safer choice. That’s because private condo owners have the right to evict tenants at any time for renovations or if they or a family member want to move in. “We saw a huge spike in these ‘own-use’ evictions starting in 2017,” Dent says, adding that in 2018, own-use became the No. 1 eviction reason cited in calls to the FMTA, supplanting “late rent” for the first time ever.
“It’s massive,” says Dent, “and a lot of these evictions are happening in bad faith.”
PBR buildings owned by corporations (the majority of them fall into this category) can’t evict for own-use. They may also be less likely to evict for renovations because stipulations in the Residential Tenancy Act mean managers of multi-unit buildings must compensate reno-victed tenants a minimum of three months’ rent, making it a pricey prospect.