The Government of Ontario recently announced and enacted Bill 60, a multi-factorial omnibus law targeting a wide range of housing-related concerns, including development-related red tape, land use, and landlord tenant relations.
Similar to the evolved Landlord and Tenant Board (LTB) regulations that came into effect on July 1st of 2026, Bill 60 will directly and immediately impact operating landlords and real estate investors across the province.
As with any new rental legislation, it is imperative to understand how these changes will impact your rights and your tenants’. Any misunderstandings or missteps could prove costly in terms of your time and money.
In this blog post, we’ll explore everything Ontario real estate investors need to know about Bill 60.
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When Does Bill 60 Come Into Effect in Ontario?
Bill 60 came into effect on September 21st, 2026. As of the writing of this article, all landlords and tenants in Ontario must adhere to the procedural amendments and other regulatory requirements outlined within.
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Some Background on Bill 60
As with any new legislation, there are various goals that the Province is aiming to achieve with Bill 60. Certain targets pertain to broader aspects of urban development and infrastructure, while others focus on challenges associated with Ontario’s LTB.
The LTB currently has an extensive backlog of cases awaiting review, creating frustration for both landlords and tenants alike. Most applications take several months to be seen. Some take more than a year. According to the Province, Bill 60 is designed to reduce these delays.
How Bill 60 Impacts Real Estate Investors
Bill 60 includes a substantial list of revisions to the Residential Tenancies Act (RTA), the primary guideline for landlord-tenant relations in Ontario.
Some of the most impactful primary changes include:
Reduced Grace Period
Tenants served an N4 eviction notice for delinquent payment previously had a two-week, 14-day grace period to pay outstanding rent. This timeline has now been shortened to 7 days. If the tenant fails to pay on time, the landlord may file an eviction application.
Payment Before Hearings
If any tenant is facing eviction or has submitted a complaint to the LTB, they must pay 50% of outstanding rent owed to the landlord before they may raise their concerns at a hearing.
Compensation No Longer Required For Own Use Evictions
Previously, a landlord serving an N12 eviction was required to provide the tenant with financial compensation equivalent to one month’s rent. Under Bill 60, they no longer need to, as long as the lease termination date is more than 120 days from the date the N12 is provided.
LTB Appeal Timelines
Landlords now have only 15 days to request a review following an LTB decision. Tenants must follow the same timeline as well. Post-hearing appeals previously had a 30 day deadline for submission.
Concerns of Efficacy
Bill 60 will certainly impact landlords and tenants in certain ways. However, advocates from both sides of the landlord-tenant structure have expressed skepticism about its efficacy in actually speeding up the hearing and decision making process.
Some investors have suggested that shortening timelines for submitting eviction applications and LTB appeals won’t actually reduce the board’s workload. Rather, it will simply bring new cases forward faster.
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Other Changes Ahead
While Bill 60’s long term impact is to be determined, Ontario’s regulatory landscape will continue evolving. As an investor, remaining informed on new legislation as it pertains to real estate investment and property management will be essential to your success.
One of the simplest ways to stay up to date with housing policies across Toronto and Ontario is by working with a professional, market leading real estate investment advisor, like us: Christensen Real Estate Group.
Amplify Your Portfolio
Christensen Real Estate Group is your best resource for sourcing a profitable income property and optimizing your portfolio for maximal gains. We know our local market better than anyone and have the insights and intuition to help you make the perfect investment.
As investors and landlords ourselves, we can provide you with critical advice on tenant sourcing and communication, relevant regulations, and more to help you get off on the right foot. Not only will we help you identify lucrative, high-quality opportunities, but we’ll ensure you’re set up for success today and tomorrow.
Ready to invest? Our team has decades of industry experience to support your goals. Call 416.772.4723 or reach us by email at evan@christensengroup.ca.
