Ontario Passes Bill 60: What It Means for Renters, Landlords, and Housing Development | Modern Solution Realty

Ontario Passes Bill 60: What It Means for Renters, Landlords, and Housing Development

Ontario legislators have officially passed Bill 60, a major omnibus bill aimed at accelerating housing supply and reforming the province’s rental-market framework. The legislation focuses on improving affordability by reshaping how landlords, tenants, and developers navigate tenancy rules and development approvals.

Key Updates to Tenancy and Rental Housing

One of the most impactful sections of Bill 60 is Schedule 12, which introduces notable amendments to the Residential Tenancies Act. Among the changes:

  • Eviction for Non-Payment: Landlords may now issue eviction notices for unpaid rent after 7 days’ notice, a reduction from the previous 15-day requirement.
  • Personal-Use Evictions: Landlords providing 120 days’ notice for personal use no longer need to offer tenant compensation or alternative accommodations.
  • Appeal Timelines: The window to appeal an eviction order is now 15 days, down from 30.

The Toronto Regional Real Estate Board (TRREB) noted that these changes aim to address long-standing delays within the system, especially surrounding rent arrears and LTB adjudication processes.

Housing Supply and Development Reforms

Bill 60 also targets development bottlenecks by:

  • Standardizing development-charge formulas across municipalities
  • Requiring clearer reporting on reserve funds
  • Streamlining zoning and approval procedures

TRREB highlighted that unpredictable growth-related costs have historically driven up construction expenses and slowed project timelines—issues the bill aims to correct.

Concerns From Tenant Advocates

While the government positions Bill 60 as a step toward improving affordability through increased supply, critics argue the legislation may weaken tenant protections. Shortened notice periods and appeal timelines have raised concerns about elevated eviction risks during an already challenging housing-affordability period.

How Modern Solution Realty Can Help

Navigating Ontario’s fast-changing housing landscape can feel overwhelming for both renters and property owners. Modern Solution Realty stays informed on the latest legislative changes—including Bill 60—to help clients make confident, strategic decisions in today’s market.

If you have questions about how Bill 60 may affect your tenancy, investment property, or development plans, Modern Solution Realty is here to help.

📞 Contact Modern Solution Realty: 905-897-5000

🌐 Visit:https://modernsolution.ca/

Their team can guide you through today’s complex rental and housing environment and help you plan your next step with clarity.