Ontario Rent Increase Guidelines

Summary

In Ontario, rent increases are regulated: they can occur once every 12 months and must align with provincial guidelines, typically around 2-3%. Landlords are required to provide 90 days written notice before implementing any rent increase. Even if a property is slated for demolition or conversion to a condo, these rules still apply. If a building is being converted to a condo, different tenant rights and rules may come into play. If you have concerns about eviction or the need to relocate due to such conversions, it may be beneficial to seek legal advice or consult local tenant resources.

Full Conversation

How much and how often can the landlord increase rent? My rent was *, then * and is now *.* and my building in Toronto Ontario has a proposal for it to be turned into a condo.
In Ontario, rent increases are subject to certain rules:
- Rent can only be increased once every 12 months.
- The increase must be in accordance with the provincial rent increase guideline, typically around *-*%.
- Landlords must give 90 days' written notice before increasing rent.
Regarding the conversion to a condo, this may involve different rules and tenant rights. Are you concerned about eviction or needing to find a new place due to the conversion?
No I was just wondering how much can they raise rent for a place that might be tear down? Old homes
In Ontario, even if a property may be torn down, rent increase rules still apply:
- Rent can be increased only once every 12 months.
- Increases must follow the provincial guideline, usually around *-*%.
- Landlords must provide 90 days' written notice before any rent increase.
If you have further concerns, feel free to ask!