Landlord Lawsuit Accuses Toys “R” Us Canada of Unpaid Rent
Toys “R” Us Canada is facing a lawsuit from RioCan Holdings Inc., which has accused the retailer of failing to pay rent. In recent court documents, RioCan claims it terminated the lease for a location at the Lawrence Allen Centre in Toronto due to a missed rent payment.
Details of the Lawsuit
According to RioCan’s filing, Toys “R” Us Canada did not make its rent payment for January 2026. The landlord provided a warning prior to taking action, stating that the lease would be terminated if the payment was not received. On January 20, 2026, RioCan followed through and ended the lease.
Financial Claims
The lawsuit seeks approximately $4 million from Toys “R” Us Canada, encompassing the unpaid rent of about $43,000 and additional obligations outlined in the lease agreement. The legal claims remain untested in court.
Toys “R” Us Canada’s Store Closures
- Toys “R” Us has closed numerous stores recently.
- The company faces at least seven lawsuits from landlords.
- These lawsuits collectively claim around $31.3 million in unpaid rent and damages.
In response to these lawsuits, Toys “R” Us Canada has not filed formal defenses in all cases. Where responses have been made, the company has denied several allegations and disputed the financial demands from suppliers.
Current Status
As of now, the Lawrence Allen Centre no longer lists Toys “R” Us as a tenant, indicating the severity of the retailer’s ongoing financial struggles.
