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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