Tag Archives: lease

Chris Sellors office, fair market value?

Questions arisen over whether he’s paying enough for campaign office
Some say yes, others say no
Kris Scheuer
(Written for Town Crier Sept. 9)

Chris Sellors at his campaign office at 1973 Yonge St. Photo by Kris Scheuer/Town Crier.

Questions are being raised about the price and location of Ward 22 council candidate Chris Sellors’campaign headquarters.
Sellors opened his office Sept. 1 at 1973 Yonge St., signing what the Town Crier has learned is a two-month lease agreement totaling $3,616 ($1,500 in rent plus $100 in utilities each month, plus HST) for the 1,100 square feet of space.
The 102-square metre vacant storefront, formerly Vittorio’s Restaurant, is now part of a recently approved residential redevelopment by property owners Kilbarry Holding Corp. Sellors worked on this development file as Councillor Michael Walker’s executive assistant but said he’s had nothing to do with the project since March.
A source close to Sellors campaign raised questions about the lease to theTown Crier and spoke to the paper on the condition of anonymity.
“It seems like an unusual agreement you wouldn’t see in the industry, which makes me question how it came to be,” the source said in a Sept. 5 interview. Continue reading