Bill 60, officially called the Fighting Delays, Building Faster Act, 2025, introduces significant changes to Ontario’s rental housing system. In a market defined by high rents, limited supply, and increasing demand, this legislation affects landlords, tenants, and real estate investors in meaningful ways. Understanding these changes is now essential for anyone involved in renting or investing in Ontario properties.
What Is Bill 60 and Why It Was Introduced
Bill 60 is a legislative package focused on reducing delays, improving administrative processes, and supporting faster housing-related decisions. It reforms several procedures within the Residential Tenancies Act and the operations of the Landlord and Tenant Board.
The goal is to reduce bottlenecks, accelerate eviction and dispute timelines, and make Ontario’s housing system more responsive. Although these changes aim to create efficiency, they also shift the balance of power between landlords and tenants in noticeable ways.
Key Changes Introduced by Bill 60
Here are the most relevant changes affecting rental housing:
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Landlords must use only Board approved termination and eviction forms.
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Eviction notices for non payment of rent can now be issued after seven days instead of the previous fourteen.
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For landlord own use evictions, landlords may give 120 days notice without having to compensate the tenant one month of rent or provide a relocation unit.
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Tenants must pay at least 50 percent of the arrears they owe in order to raise maintenance or other issues during a rent arrears hearing.
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The appeal period for an LTB decision is reduced from thirty days to fifteen days.
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LTB discretion to delay or overturn eviction orders is more limited.
These adjustments result in faster procedures, more rigid requirements, and reduced tenant leverage.
How Bill 60 Impacts Landlords
- Streamlined Eviction and Termination Processes:
Landlords now have the ability to issue eviction notices faster. This may reduce vacancy risk and provide more predictable cash flow, especially for small landlords who are more affected by missed rent payments. - Simplified Administrative Requirements: Using only Board approved forms and facing fewer discretionary delays means fewer administrative obstacles and less uncertainty during disputes.
- Greater Strategic Flexibility: Landlords may feel more comfortable managing or expanding rental portfolios now that non payment situations can be addressed more quickly.
How Bill 60 Impacts Tenants
Reduced Stability and Protection
Faster eviction timelines and higher financial hurdles during disputes may put tenants in more vulnerable positions. Paying half of the arrears upfront in order to raise repair or maintenance issues is especially challenging for low income households.
Shorter Timelines for Appeals
With the appeal window cut in half, tenants must act quickly. Those with limited access to legal help or financial resources may find this difficult.
Less Ability to Challenge Evictions
Tenants may be discouraged from raising legitimate concerns since doing so requires significant upfront payment.
Overall, Bill 60 shifts the rental environment in a direction that favours landlords and increases insecurity for many tenants.
How Bill 60 Impacts Real Estate Investors
Improved Cash Flow Stability
Faster eviction processes may improve predictability for investors seeking stable rental returns.
Adjusted Risk Profiles
While evictions are faster, potential turnover may increase. Investors should anticipate higher maintenance and administrative demands.
Changing Demand Patterns
Tenants may gravitate toward newer buildings or those with professional management in search of stability and higher quality service.
Impact on Property Valuation and Yield
Investors should factor in the possibility of increased turnover and vacancy gaps when calculating cap rates and long term returns.
Practical Recommendations for Landlords and Investors
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Update leases and review all termination procedures to ensure compliance with new rules.
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Strengthen tenant screening processes and document payment histories more carefully.
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Build larger financial reserves to prepare for increased turnover or maintenance costs.
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Consider property management support for more complex portfolios.
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Maintain strong reputation and upkeep, since tenants may prioritize dependable landlords.