Rhea Investments Group Inc. v Martin
Landlord wins · Toronto · 2021-11-01
- Adjudicator
- Michael Di Salle
- Dispute
- Non-payment of Rent
- Notice
- Non-payment of rent (N4)
- Amount
- >$20K
- Landlord
- Rhea Investments Group Inc.
- Tenant
- A.A.T.M.
- Landlord rep
- Jorge Steinmetz
- Tenant rep
- Katherine Haist
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 serving a valid Notice to End Tenancy Early for Non-payment of Rent (N4 Notice), which the tenant did not void by paying the arrears.
The ruling
The tenancy is terminated effective November 30, 2021. The Tenant must pay the Landlord $32,096.49, which represents the rent arrears and compensation up to November 1, 2021, less the rent deposit and interest owed on the deposit. The Tenant must also pay $65.64 per day for compensation for the use of the unit starting November 2, 2021 until the Tenant moves out. If the Tenant does not pay the full amount by November 30, 2021, the Tenant will start to owe interest at 2% annually on the outstanding balance.