The landlords in Ontario can only increase your rent once every 12 months. Your landlord is required to give you written notice at least 90 days before the rent goes up.
Note : Remember Landlords must give their tenants 90 days written notice before the rent increase takes effect and use the prescribed form – N1. The form and instructions may be downloaded from here.
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The province says it has set its rent increase guideline for 2022 at 1.2 per cent.
The guideline is the maximum a landlord can increase a tenants’ rent during a year without the approval of the Landlord and Tenant Board.
The guidelines apply to most rented apartments, condos, houses and care and mobile homes, but there are some exceptions for vacant residential units, community housing properties and commercial units
Once you’ve gone past the first 12 months on the lease, your landlord can only increase your rent by a limited percentage. This maximum increase amount is based on the yearly guideline limits set out by the Ontario Ministry of Municipal Affairs and Housing and it is based on the Ontario Consumer Price Index.
Here is an example :
In 2020, the limit was 2.2%.
In 2021, the limit was 0% because of pandemic
In 2022, the limit will be 1.2%
The short answer is yes, In some cases landlords can apply to The Landlord and Tenant Board (LTB) for approval to raise your rent above the guide limits.
For example, the LTB might approve a higher increase if your landlord has made large repairs or installed a security system.
Hi There,
Can my landlord give me eviction notice when they need minor renovation like plumbings?
Hi There,
Can my landlord give me eviction notice when they need minor renovation like plumbing?