About this episode
Bill 60 has officially passed, and Ontario’s rental landscape is shifting. In this episode, Ariel and Adrian break down the most important changes affecting landlords, tenants, and investors—from faster eviction pathways to new notice rules, compensation structures, payment requirements, and LTB process updates. We walk through who benefits, who feels the squeeze, and what actions you should take right now to stay ahead of these changes.VIDEO SECTIONS & TIMSETAMPS0:00 Intro0:55 Who Bill 60 Helps, Hurts & What You Should Do Now2:46 News Clip: Protests at Queen’s Park5:46 Key Change #1 – Evictions Must Use Formal Approved Forms6:39 Key Change #2 – Landlord’s Own Use (and why corporations can’t use it)7:42 Notice Periods: 60 Days vs 120 Days + Compensation Rules8:17 Lease Term Clarification – You Cannot Evict Mid-Lease10:48 Key Change #3 – Paying 50% of Arrears Before a Hearing12:06 Why Withholding Rent Isn’t a Legal Strategy12:48 Key Change #4 – Late Payment Filing Window Cut to 7 Days13:42 Emergency Funds & Financial Responsibility15:15 Case Study: Owner Wanting To Move Into Their Own Condo17:10 Subsidized Housing vs Private Rental Market18:17 Outro/recapWatch on YouTube:https://youtube.com/kormendytrottListen on Spotify:https://open.spotify.com/show/1pwncyet9NydbgTmx5D21kLinktree:https://linktr.ee/kormendytrottInstagram:https://instagram.com/kormendytrottYouTube:https://youtube.com/kormendytrottFacebook:https://facebook.com/kormendytrottX:https://x.com/kormendytrottLinkedIn:https://linkedin.com/company/ktrealtyTikTok:https://tiktok.com/@kormendytrottThe Kormendy Trott Team was formed in 2011 by Ariel Kormendy and Adrian Trott. Originally a team of two in Milton, Ontario, KT has grown into a full-service real estate group serving Halton Region, Peel Region, and the Greater Toronto Area.
