RECO takes additional regulatory action against two brokerages, MEhome Realty (Ontario) Inc. and 5I5J Realty Inc.

Today, the Real Estate Council of Ontario (RECO) has taken additional regulatory action to protect consumers and uphold the public interest against the two affiliated brokerages, MEhome Realty (Ontario) Inc. and 5I5J Realty Inc. and the former broker of record of MEhome Realty (Ontario) Inc. This is in addition to the Freeze Orders RECO issued against the two brokerages on March 17, 2026.

Following a recent inspection, RECO has issued immediate suspension orders against the brokerages, and is seeking to revoke the brokerage registrations and to refuse the individual’s registration listed below. RECO has also contacted the York Regional Police regarding its findings.

Name	Role	Regulatory Action
Nan Zhang, formerly registered as Grace Zhang	Former broker of record and owner of MEhome Realty (Ontario) Inc. Owner of 5I5J Realty Inc.	Notice of Proposal to Refuse Registration
MEhome Realty (Ontario) Inc. 9120 Leslie St. Unit 101 Richmond Hill, ON L4B 3J9	Brokerage	Immediate Suspension Order Notice of Proposal to Revoke Registration
5I5J Realty Inc. 9120 Leslie St. Unit 104 Richmond Hill, ON L4B 3J9	Brokerage	Immediate Suspension Order Notice of Proposal to Revoke Registration

The brokerages are now suspended and are no longer permitted to conduct any trade related activity. Approximately 130 real estate agents involved with the identified brokerages will be affected by this matter. All real estate agents registered with the brokerages must transfer their registration to another brokerage in order to resume trading.

As Ontario’s real estate services regulator, RECO’s mandate is to protect consumers by ensuring real estate agents and brokerages comply with the law. These actions are being taken to safeguard the public and maintain trust in Ontario’s real estate services sector, and RECO will not tolerate misconduct, particularly the misuse of trust accounts. RECO is actively engaged in this matter and will update the public if further regulatory action is taken.

Additional resources

Additional information and resources can be found on the MEhome Realty (Ontario) Inc. and 5I5J Realty Inc. resource page. Affected consumers and real estate agents should contact RECO if they have any questions regarding their transactions.

Original public advisory posted on March 17, 2026.