Residential Tenancy Reform Consultation Paper

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RESIDENTIAL TENANCY REFORM CONSULTATION PAPER per cent, respectively, in 2002). In comparison, for units that rented above $1,500, the vacancy rate decreased from 3.1 per cent in 2002 to 2.3 per cent in 2003. Vacancy rates by rent ranges for 2 bedroom units Toronto CMA Vacancy rate 6.0 5.0 4.0 3.0 2.0 1.0 0.0 1.3 3.3 1.7
RESIDENTIAL TENANCY REFORM CONSULTATION PAPER • Core housing need households are those occupying housing who falls below standards for adequacy, suitability or affordability and that cannot afford to pay the median rent of alternative local market housing that meets all three standards. • Adequate dwellings are those reported by their residents as not requiring major repairs. • Suitable 7 dwellings have enough bedrooms for the size and make-up of the occupying household, according to National Occupancy Standard (NOS) requirements. • Affordable dwellings cost less than 30 per cent of before-tax household income. CMHC data reveals that in 1996, 449,510 households (36 per cent) were classified as being in core housing need, compared to 280,165 households (24 per cent) in 1991. The latest core need data based on the 2001 Census are currently unavailable, but based on the analysis of other affordability indicators and survey data, it is expected that the economic and employment growth of the late 1990s has led to a slight improvement in housing affordability in 2001 compared to 1996. However, the number of households in core need is still expected to be higher than in 1991. Preliminary analysis on affordability in terms of proportion of gross household income spent on shelter show the same results. The number of households paying more than 30 per cent of their (gross) incomes grew significantly from 356,095 (29 per cent of renter households) in 1991 to 486,325 households in 1996 (38 per cent of renter households). Since then, economic, employment and income growth in the late 1990s has resulted in an increase in affordability for Ontario renters. However, this increase is marginal, with 37 per cent of renter households (458,040) spending more than 30 per cent of their income on shelter in 2001. In addition, nearly 20 per cent of Ontario’s renter households continued to pay more than 50 per cent of their incomes on rent in 2001. These households are considered to have serious affordability problems and are at significant risk of becoming homeless. In Toronto CMA, 37 per cent of renter households (201,620) faced affordability problems in 2001, compared to 38 per cent in 1996. Rental stock There are an estimated 4.21 million housing units in Ontario, of which about 1.35 million units — or approximately one in three of all housing units — are rented. Roughly 40 per cent of the rental units are found in highrise apartment structures (defined as having five storeys or more). Low-rise apartment structures (less than five storeys) account for about 26 per cent of the rental stock. The remaining 34 per cent consists of single-detached, semidetached, row, duplex and single-attached houses. Rental Stock by Type Of Structure Apartment (5 storeys & more) 40% Apartment (
Page 1: Spring 2004 Residential Tenancy Ref
Page 4 and 5: RESIDENTIAL TENANCY REFORM CONSULTA
Page 6 and 7: Introduction RESIDENTIAL TENANCY RE
Page 8 and 9: Rents for new tenants RESIDENTIAL T
Page 12 and 13: Rent increase guideline RESIDENTIAL
Page 16 and 17: Maintenance and rent increases RESI
Page 18 and 19: Regional decontrol RESIDENTIAL TENA
Page 22 and 23: Interest on rent deposits RESIDENTI
Page 26 and 27: Dispute resolution - notification o
Page 30 and 31: Demolition and conversion RESIDENTI
Page 34 and 35: Other issues and concerns RESIDENTI
Page 36 and 37: Appendix A: Overview of Ontario’s

Residential Tenancy Reform Consultation Paper

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