Toronto Renters Forum
Landlords => Landlords => Akelius => Topic started by: Incrediblystressed on March 01, 2022, 05:11:12 pm
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Hello All,
It is is my first time posting here, I apologize if I'm doing anything incorrectly.
I am currently subletting an apartment in an akelius building of off st clair. The original tenant is not returning, and both they and the landlord said I would be able to stay in the unit after the sublet agreement. The landlord insisted on a new lease rather than a lease assignment. They are asking I pay more about $300 more monthly. I can't really afford this, but I also have less than a month to find a new place now and I am having trouble finding anything. Is there anything I can do? Is it worth talking to the landlord and essentially begging them to keep the rent the same?
Thank you for anyone who took the time to read this.
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Hello All,
It is is my first time posting here, I apologize if I'm doing anything incorrectly.
I am currently subletting an apartment in an akelius building of off st clair. The original tenant is not returning, and both they and the landlord said I would be able to stay in the unit after the sublet agreement. The landlord insisted on a new lease rather than a lease assignment. They are asking I pay more about $300 more monthly. I can't really afford this, but I also have less than a month to find a new place now and I am having trouble finding anything. Is there anything I can do? Is it worth talking to the landlord and essentially begging them to keep the rent the same?
Thank you for anyone who took the time to read this.
Hi Incrediblystressed,
That's a difficult situation.
I'm assummiong that you weren't on the lease previously? In which case the landlord is allowed to ask you to sign a new lease, which unfortunately menas that they can ask for a newer higher rent too.
You should definitely try to negotiate with the landlord. Stress how you've been a good and conscientious tenant, etc., and explain that you simply cannot afford the higher rent. They may say "no", but they definitely won't bring the rent down if you don't ask.
Has the tenant that you were subletting from given their final notice to move out? Any chance you can convince them to stay in the apartment, at least on paper? Thereby allowing you to remain subletting from them?
If Akelius won't reduce the rent, you could try asking them whether they have a more affordable apartment either in the same building, or perhaps a nearby one?
Finding apartments is tough right now. I hope that you find one soon – keep looking!