Can My Landlord Increase The Rent?

In Ontario, Canada, landlords can increase the rent, but they must follow the Residential Tenancies Act (RTA) guidelines. To increase the rent, your landlord must provide you with at least 90 days written notice before the increase takes effect. This notice must be given properly as specified by the RTA. Rent increases can only occur once every 12 months, whether you are on a fixed-term lease or a month-to-month tenancy.

The amount by which the rent can be increased is regulated by the provincial government and is subject to a rent increase guideline, which is announced annually. For 2024, the rent increase guideline is set at 2.5%. However, there are exceptions where a landlord can apply to the Landlord and Tenant Board for a higher increase. These exceptions include situations where the landlord has incurred significant capital expenditures or faced extraordinary increases in operating costs.

It’s important to note that some rental units may be exempt from these guidelines. For example, new buildings, additions to existing buildings, or most new basement apartments occupied for the first time for residential purposes after November 15, 2018, may not be subject to rent control.

If you receive a notice of a rent increase that you believe is unjustified or not in compliance with the RTA, you have the right to file an application with the Landlord and Tenant Board to dispute the increase. Knowing your rights and staying informed about current guidelines can help ensure that any rent increase you face is fair and legally compliant.

In summary, while landlords in Ontario do have the right to increase rent, they must adhere to strict regulations designed to protect tenants. Always ensure that any notice you receive complies with the RTA and seek advice or legal assistance if you have any concerns.

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