BILL 60: WHAT IT MEANS FOR ONTARIO REIs (AND HOW TO CAPITALIZE ON IT)

Bill 60 is one of the most important regulatory changes Ontario REIs have seen in years. It impacts:

• LTB processes

• Planning timelines

• Renovation strategies

• Multiplex conversions

• Building repositioning
  

This blog breaks down what changed — in simple REI language — and how Rojas Empire helps investors take advantage of the new environment.

Faster LTB Processes = Less Renovation Risk

Before Bill 60, long LTB timelines discouraged REIs from renovating, repositioning, or adding units.

Bill 60 aims to:

• Move arrears and own-use cases faster

• Simplify reno-related processes

• Shorten review and appeal timelines

For REIs, this means more predictable project timelines and lower holding risk.

Smoother Planning & Development Approvals

Bill 60 gives municipalities additional tools to speed up approvals and reduce bottlenecks.

These benefits:

• Multiplex conversions

• Intensification projects

• Repositioning older assets

• Small-scale development

REIs can now move projects forward with more confidence and fewer unknowns.

Why This Matters for Value-Add Investors

Strategies that were previously “too risky” are now back on the table:

• Reno-to-lift plays

• 3–8 unit conversions

• Full building reconfigurations

• Adding units to underperforming buildings

• Buying tired assets and turning them into commercial-grade properties

Bill 60 didn’t create cash flow — but it removed the roadblocks that stopped REIs from pursuing it.

How Rojas Empire Helps Investors Benefit from Bill 60

We provide REIs with:

A. Strategy & Feasibility Reviews

• “Can I add units here?”

• “Can this become a 5+ unit building?”

• “Is a reno-vacate-refi realistic?”

Fast, accurate pre-purchase clarity.

B. Renovation & Conversion Design Packages

We produce drawings and scopes that:

• Show genuine structural + life safety upgrades

• Support the investor’s strategy

• Make sense to City reviewers

• Keep projects on a clear path to permit
  

C. Execution Support

• 3D LiDAR scans for accurate existing conditions

• Clean layouts that reduce redesigns

• Construction-ready details

• Documentation that supports smooth refinancing
  

Bill 60 rewards investors who can move quickly with clarity.We provide the clarity.

Final Thoughts

Bill 60 is an opportunity — but only for REIs who understand how to use it strategically.

If you’re planning a renovation, multiplex conversion, or repositioning, reach out. We’ll show you exactly what’s possible under the new rules.

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