10/27/2025
Attention Mississauga renters & condo-investors at Square One
The provincial government has introduced Bill 60: Fighting Delays, Building Faster Act, 2025, aimed at speeding up housing development and changing parts of the landlord/tenant system here in Ontario.
Here are two key take-aways for renters and investors around the Square One market:
While the government announced it would explore changes to lease expiry and “security-of-tenure” (which means a tenant’s right to stay in a unit once a lease ends) — they have paused that consultation for now, saying “now is not the time to consider changes to this system.”
Other parts of Bill 60 are still progressing: for example, shortening notice periods for non-payment, reforming the Landlord and Tenant Board process, and streamlining approvals for builders.
Legislative Assembly of Ontario
✅ What this means for Square One condo renters & buyers
If you’re renting now: your rights to stay month-to-month after your lease ends remain intact for the time being.
If you’re an investor or considering a purchase: the drive to build faster may bring more supply into the market — keeping your eyes on occupancy rates, neighbourhood demand and rental yields is key.