Judge overturns 38-per-cent rent hike for West End tenants
Today is Tuesday, March 09, 2010
B.C. Supreme Court Justice Linda Loo ordered Gordon Nelson Investments, which owns the Seafield building at 1436 Pendrell Street, to return the additional rent collected since April of last year.
She found the increase "patently unreasonable" and she has overtuned rent increases of up to 38 per cent for tenants.
The Seafield is a 14-unit heritage building, located four blocks from English Bay, where many of the tenants have lived for more than 30 years.
The landlord took ownership of the building on July 31, 2008. Six months later, the owner applied to increase the rent for 13 units by up to 73.3 per cent. The tenants opposed the rent increases because they said the statutory criteria for permitting additional rent increases above four per cent a year were not met.
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