Tenant Rights of Condominium Units
SIREG Tenant's are Protected
Because you have lived in your apartment since 2006, you hold an exceptionally strong legal shield under Ontario law regarding condominium conversions.
1. Your Absolute Protection: Security of Tenure (Section 51)
Under Section 51(1) of the Ontario Residential Tenancies Act (RTA), if a purpose-built rental building is converted into condominiums, any tenant who resided in their unit before the official condo declaration was registered has absolute security of tenure. [1]
No Eviction for Personal Use: Unlike typical renters, the new purchaser cannot serve you an N12 eviction notice claiming they or their family want to move into the unit. The law strictly forbids evicting a pre-conversion tenant for "landlord or purchaser's own use". [1]
2. What Happens to Your Tenancy?
The Buyer Inherits You: The new owner completely steps into the old landlord's shoes. Your existing tenancy agreement, your original 2006 terms, and your current rent rate transfer automatically. [1, 2]
No New Lease Required: You are under no legal obligation to sign a new lease agreement or agree to different terms just because there is a new owner. [1]
Rent Control Still Applies: The new landlord cannot arbitrarily raise your rent. They must follow Ontario's annual rent increase guidelines and provide a formal 90-day notice (Form N1). [1]
3. What You Should Expect
While there isn't an official LTB form for a sale, you should receive a formal letter (often called a Notice of Change of Landlord or a Direction regarding rent) signed by either the old landlord, the new landlord, or their lawyers. This letter must clearly state: [1]
1.The new owner's legal name.
2.Their physical address for legal service.
3.Updated instructions on how and where to pay your monthly rent. [1, 2]
IMPORTANT UPDATE FROM SIREG ON OCTOBER 15, 2026
IMPORTANT TRANSITION INFORMATION REGARDING YOUR CONOMINIUM UNIT
Please be advised that SIREG Management Inc. (“SIREG Management”) is in the process of transitioning management of your condominium unit to the owner of the unit who will become your landlord and will manage your unit thereafter.
SIREG Management is providing a copy of your lease and contact information to the unit owner and you should also expect to be contacted by them directly. If you have any concerns as to whether the owner that contacts you in the correct person, please do not hesitate to contact info@siregmanagement.com to confirm.
Please do not make any further rent payments to SIREG Management All future rent payments should be made to the owner of the unit or such other person as they may direct.
Finally, SIREG Management is aware of instances of property management companies contacting tenants to advise that they have been appointed as replacement property managers without clear authority to do so and, in some cases, threatening tenant evictions unless rent is paid to them. You may want to confirm directly with the unit owner whether a replacement property manager has been appointed by the unit owner in respect of your unit before making any payments to a property manager or taking any directions from them.
Yours truly,
SIREG MANAGEMENT INC.
