The for sale sign in front of Heather Mulryan’s Hamilton townhouse is a constant source of dread.
The 41-year-old single mom of two boys has rented her home on Hamilton’s Mountain for 14 years but said she received a surprise letter from her landlord, DiCenzo Management, in April.
The letter, delivered to all tenants, said the landlord will be selling the 36 units on Anna Capri Drive — and Mulryan’s was among the first on the market.
Mulryan also learned for the first time that the townhouses, built in 1981, are actually condominiums, she said. DiCenzo Management said it’s therefore allowed to sell each unit to individual buyers, rather than the complex as a whole to a landlord.
“After 40 years we have decided that the time has come to proceed with individual dwelling sales on a unit-by-unit basis,” said the letter signed by president Anthony DiCenzo.
This is the best summary I could come up with:
The 41-year-old single mom of two boys has rented her home on Hamilton’s Mountain for 14 years but said she received a surprise letter from her landlord, DiCenzo Management, in April.
“After 40 years we have decided that the time has come to proceed with individual dwelling sales on a unit-by-unit basis,” said the letter signed by president Anthony DiCenzo.
Mulryan said she currently pays just over $1,000 a month for the three-bedroom, rent-controlled townhouse and knows that amount won’t go far in the midst of today’s affordable housing crisis.
Real estate lawyer Slonee Malhotra, based in Waterloo Region, says evicting tenants may not be as simple as DiCenzo Management suggests.
While Mulryan hasn’t received a formal eviction notice yet, the letter from the landlord states it intends to do so, which will prompt the process to go through the LTB.
DiCenzo said potential buyers are advised of “all the requirements of the Residential Tenancies Act,” and purchase agreements will be conditional on the eviction process being completed.
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