Ontario Newsroom

Waterloo Landlord and Property Manager Each Fined $2,250 for Residential Tenancies Act Violations

Court Bulletin

Waterloo Landlord and Property Manager Each Fined $2,250 for Residential Tenancies Act Violations

Convicted: 2526328 Ontario Inc. and Turn Key Property Management Inc.

Location: Region of Waterloo

Description of Offence: Three counts against each defendant of charging an illegal key deposit

Date of Offence: February 23-March 14, 2017

Date of Conviction: June 17, 2019

Penalty Imposed:

  • Following a guilty plea, 2526328 Ontario Inc. and Turn Key Property Management Inc. were each fined a total of $2,250 by Justice of the Peace Michael A. Cuthbertson.
  • The court also imposed victim fine surcharges totalling $375 for each defendant as required by the Provincial Offences Act. The victim fine surcharges go to a special fund to assist victims of crime.

Background:

  • 2526328 Ontario Inc. is the landlord of a rental property in Waterloo.
  • Turn Key Property Management Inc. manages the property for the landlord.
  • In February and March 2017, six tenants signed leases to rent units in the property. Each tenant was charged a $200 key deposit.
  • Under the Residential Tenancies Act, a landlord may charge a refundable key deposit in an amount not greater than the expected direct replacement costs of the key.
  • 2526328 Ontario Inc. did not refund the key deposits to three of the tenants when they moved out of their units.
  • Turn Key Property Management Inc. did not refund the key deposits to the other three tenants when they moved out of their units.
  • After the Ministry of Municipal Affairs and Housing laid charges, 2526328 Ontario Inc. and Turn Key Property Management Inc. refunded the key deposits to the tenants.

Media Contacts

Share

Tags

Government Home and Community Law and Safety