Recently, the tenants of 77 Spencer and 109 Indian in Toronto Ontario have experienced an above-guideline increase (AGI) in their rents, beginning January 1st, 2023. For some renters, this AGI is 5.5%, resulting in significantly higher rent payments. If you are living in an Akelius building and HAVE received a substantial AGI, we ask that you connect and organize with us as we confront Akelius on this increase and demand that their petition for this increase be rescinded from the LTB.
Akelius seems to be under the impression that making cosmetic changes to building exteriors while doing very little about pest control, or maintaining safe, clean, operational spaces for tenants is grounds for a substantial increase in a time when many are struggling financially. This will ABSOLUTELY not stand and the tenants of 77 Spencer in particular are organized and ready to take on Akelius by hand delivering a letter to their location at 533 College St. in Toronto. We are stronger in numbers and being assisted by the excellent people at Parkdale Organize.
If you would like to sign our letter to add your voice, or even get involved with our community, please email me.