Sivasambu Realty

03/24/2026

https://video-api.supreme.one/6XTccR?branded=false
248 Dagenham street Ottawa
For sale :

03/05/2026

Vacant Unit Tax(VUT)
Deadline is March 19th

A reminder to all residential homeowners in the City of Ottawa that the annual deadline to make your vacant unit tax (VUT) declaration is March 19th, 2026. A $250 late fee will be applied to declarations submitted after March 19th. Late declarations are accepted until April 30.

Every year, homeowners are required to make a declaration as to whether their property was vacant in the previous year. A property is considered vacant if it wasn’t occupied for more than 184 days during the previous year. If no declaration is made, the property will be deemed vacant and subject to the vacant property tax.

The vacant unit tax is calculated based on the property’s assessed value and is applied to the property’s final tax bill in June. The first year a property is vacant, the tax rate is 1% of the assessed value. For each additional consecutive year that the property remains vacant, the rate goes up 1% to a maximum of 5%. The rate resets to 1% after one year of occupancy.

Properties that were occupied by an Owner, a family member/permitted occupant or a tenant will not be subject to the vacant unit tax. There are a number of other exemptions, follow this link for a full list:
https://ottawa.ca/en/living-ottawa/taxes/property-taxes/vacant-unit-tax/understanding-vacant-unit-tax #

Alex Sivasambu
Realtor/Broker
Sivasamburealty

Skip to main content In this section Background How it works Exemptions Change of ownership Late declarations or late payment penalties Audits Report a vacant property FAQs Municipal Freedom of Information and Protection of Privacy Act Contact us Background How it works Exemptions Change of ownershi...

12/18/2025

It's Time for Alex’s Real Estate Tip of the Week!
Ontario’s Bill 60 - What does it mean
for Landlords and Tenants?

Doug Ford’s Ontario government recently passed Bill 60 that makes several changes to the Residential Tenancies Act (RTA) meant to make it easier and faster for Landlords to evict Tenants.

Let’s break down some of these changes:

Cutting down notice periods when Tenants fail to pay rent. Now, Landlord’s can issue an N4 notice of eviction the day after the rent is due when Tenants fail to pay with a termination date in 7 days (used to be 14 days). If the Tenant still hasn’t paid by the termination date, the Landlord can then file an L1 notice with the Landlord and Tenant Board (LTB) to evict a Tenant.
Tenants can no longer raise new issues at LTB rent arrears hearings. Tenants must provide advance notice if they plan to raise maintenance or repair issues. Furthermore, Tenants cannot raise maintenance or health & safety issues at rent arrears hearings unless they have paid at least 50% of rent owed, according to the Landlord’s calculations.
Cutting down appeal time after an LTB decision. Landlords and Tenants will now have only 15 days to request a review of an LTB decision (down from 30 days).
Eliminating the one-month compensation for Tenants when Landlords serve an N12 eviction notice for Landlord’s Own Use. However, Landlords will only avoid paying the one-month fee if they provide a minimum of 120 days notice.
Bill 60 also provides for additional resources within Ontario Sheriff’s offices. The province will add 8 additional enforcement officers to improve timelines once eviction orders are granted by the LTB.
What did Bill 60 not change?

Bill 60 did not change rent control rules. Units occupied before Nov 15, 2018 are still rent-controlled and units first occupied after November 15, 2018 are still exempt. Rent-controlled rents can only be increased by the annual rental increase guideline without LTB approval.
Bill 60 did not create new eviction grounds. Landlords still require legal grounds to evict a Tenant. In short, the new legislation focuses mostly on speeding up processes, particularly where tenants aren’t paying rent.
Where can I get more information?

Here’s a couple could articles on the changes:

https://www.jakecarroll.ca/real-estate-blog-jake-carroll/bill-60-ontario-explained

https://www.ajmurraylaw.ca/post/bill-60-has-passed-fighting-delays-building-faster-act-2025what-ontarians-need-to-know-about-the-n

Ontario’s rental framework is no longer just a proposed Bill 60, the Fighting Delays, Building Faster Act, 2025, has passed and although not yet in effect will soon come into force, bringing along with it sweeping changes to the Residential Tenancies Act, 2006 (RTA) and procedures at the Landlord ...

10/29/2025

Another interest rate cut by Bank of Canada 🇨🇦
From 2.5 to 2.25!

10/27/2025

Please visit :
Sivasambudevelopments.ca

10/12/2025

10/12/2025

09/20/2025

Seaside-Moore Rd, Wellawatta, Colombo-06. Luxury condo units available with 2-4 beds, nanny suites, and indoor car parking!

09/17/2025

Interest rate cut by 25 base points to 2.5%
Bank of Canada

09/17/2025

Bank of Canada announces the interest rate cut by 25 base pts. to 2.5% this morning!

08/02/2025

Congratulations to both of my clients ( Buyers & Sellers)! ****SOLD**** another multiple representation by Team Sivasambu!