Southern Ontario investor buying up homes in the Sault

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Southern Ontario investor buying up homes in the Sault
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Two dozen numbered companies directed by the same businessman have purchased a combined 129 properties, mostly downtown, according to records obtained by SooToday

SAULT STE. MARIE — Lauri Hill knew the single detached house she had been renting on Pardee Avenue was sold in June, but for weeks, she says she had no idea who her new landlord was.

“They threatened me with eviction because I hadn’t paid for previous months, but they never bothered to tell me — no one,” Hill said, the frustration evident in her voice. “Apparently, a lawyer was supposed to send me a package.” Kurtis McDermid, president of Odd Job Jacks — and a Ward 3 candidate in this year’s municipal election — says the vast majority of the properties his company worked at are situated in the downtown core, and a number of them appear to be vacant.

“They’re manipulating our local market, and it’s not going well for everybody,” McDermid said. “[Properties are] getting snatched up and rental prices are going crazy, the house prices are going crazy. When SooToday reached out to Nels Moxness for comment, a St. Catharines lawyer replied on his behalf. In his email, Josh McDougall suggested his client is not the same Nels Moxness who owns property here. “I can indicate that my client is not listed on any title of property in Sault Ste.

“We’re not looking to do that at all. I don’t think it would be beneficial at all to have vacant properties,” Mathew Moxness said. “I can only speak for us, but that’s not at all our intention. We’re looking to provide good homes for people, and a lot of times, affordable housing, whether it’s newcomers, whether it’s with these agencies.

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