Michael Klein appears as a director of companies that own at least 21 properties where tenants have been sent so-called renoviction letters in recent years according to research conducted by Acorn
A rental property investor is being called Ontario ’s most prolific “renovictor” as the federal government prepares new Renters Bill of Right s legislation that promises to take action against evictions for renovation.
According to property records the letter came shortly after a company that lists Mr. Klein as director paid $20.3-million to acquire the building in March, 2023. Mr. Klein did not respond to attempts to reach him for comment. “Of course I condemn that,” said Tony Irwin, president of the rental industry association Federation of Rental-Housing Providers of Ontario that represents some of the largest landlords in the province. He noted Mr. Klein and his companies are not members of his organization. “When it comes to renovictions that’s something our members don’t engage in by and large. Those that do, do it within the rules that apply,” he said.
While the majority of Ontario apartments are rent-controlled – including most units built before 2018 – and limited to an annual increase set by provincial guidelines, whenever a renter leaves a unit landlords can reset the rent for the next tenant at whatever price they please. Acorn has been calling for vacancy control, to extend existing rental rates to incoming tenants, to remove the incentive to pursue so-called no-fault evictions for renovation or landlord’s own-use.
“Residential tenancies are within the jurisdiction of provinces and territories, but what the federal government is trying to do is start a conversation about what basic rights renters should have,” said Douglas Kwan, director of advocacy and legal services for the Advocacy Centre for Tenants Ontario, which provides free tenant counselling services. At its heart, the debate over tenant rights is a debate over a right to housing, according to Mr. Kwan.
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