2501306 Ontario Inc. v. Country Garden Academy Inc.
The application judge lawfully and reasonably evaluated competing expert evidence and property-specific factors (including zoning and permitted uses), appropriately adjusted comparables, and his factual findings did not disclose legal error or a palpable and overriding error; therefore the determination of $18 per square foot for the renewal term stands and the appeal is dismissed.
Source excerpt
- Market rent determination
- Lease renewal
- Comparable premises
- Expert evidence
- Costs award