6 out of 10 landlord applications are about rent
Nearly 6 in 10 landlord applications to Ontario’s LTB this year weren’t about damage, harassment, or bad behaviour. They were L1 filings — unpaid rent. 20,162 of 34,422 landlord applications, 58.6%.
For investors, that’s the real underwriting signal: arrears exposure isn’t the exception in a multifamily portfolio, it’s the base case you build reserves around.
Not advice — just the caseload, Smarties.
#OntarioRealEstate #LTB #RentArrears #MultifamilyInvesting #PropertyManagement