“Most people expect their rent to go up each year, but not by 100 per cent. So you can imagine the shock AJ Merrick and Jon Moorhouse experienced when they got a letter from their landlord.
“I thought it was an April Fools joke,” said Merrick, a young marketing professional. “There’s no way I’d pay that much for this apartment.”
But it wasn’t a joke,” wrote Natalie Nanowski for CBC News on April 4, 2017.
Nanowski continued, “Their two-bedroom condo located near Liberty Village was going up from $1,660 to $3,320.
The notice outlined two options, either accept the rent increase or agree to vacate the unit by July 1.
“I just don’t know what good it would do to fight it,” Moorhouse said. “Realistically, they’re probably trying to kick us out so they can sell the unit for the most profit.”
CBC Toronto tried to contact the company in charge of the rental unit, Urbancorp, which is described on its website as the “premier developer of the King West neighbourhood.” The company’s number is no longer in service and emails to their address listed online bounced.”
Read the full article here.
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