Monthly Newsletter Highlights
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SANDYCOVE NEWSLETTER is available on this web site on or about the 25th of each month. When available the Monthly Newsletters are also throughout the park located in the selected areas for those folks that don’t have internet. For prior NEWSLETTERS please click here.
The Home Owners’ Association monthly reports are part of the monthly Sandycove Acres Resident newsletter and are posted on this web site each month. Links to the current newsletters can be found by clicking here. Prior copies of the newsletter information for the Home Owners’ Associations can be requested by e-mailing firstname.lastname@example.org – this is for members only.
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RENT INCREASE GUIDELINE FOR 2021 – The Ontario government has recently, through Royal Assent to a bill essentially freezing rent increases, announced (September 2020) the rent increase guideline for the year 2021 will be 0.0 per cent. The rent increase guideline is the maximum amount by which a landlord can increase the rent of a tenant without seeking the approval of the Landlord and Tenant Board. The 2021 Guideline applies to a rent increase that occurs between January 1 and December 31, 2021. Please note the following which is not frozen.
2. Above Guideline Increases [AGI’s]. A reminder to residents that that there are currently two of these waiting for hearings. It is possible that these could be approved and become effective in 2021, although there are no hearing dates announced yet. Residents are reminded that, if approved, these increases are retroactive to the dates stated in the notices residents previously received from Parkbridge. There is one type of AGI that is frozen but the two mentioned above are not this type.
3. If a current lease is assigned to a new resident in 2021, the legally allowed $50 per month rent increase is not frozen.
ANNUAL GENERAL MEETING for 2019 was held Sunday June 9th at the Wheel with about 200 members present. The Home Owners Board members made their annual reports. When available these reports will be posted as part of the minutes of the meeting. No major issues came up as the President very proficiently described the various issues already known to members and described what was being done. Please watch for the minutes to be posted. Elections were held.