How Much Can Rent Increase?

Ontario sets an annual rent increase guideline that limits how much landlords can raise rent. Landlords must also give tenants 90 days’ written notice.

Rent Increase Rules

• Annual guideline: The provincial government announces the maximum percentage increase each year.
• Applies broadly: Most private residential rentals, including apartments, condos, and houses.
• Frequency: Rent can only be increased once every 12 months.

Notice Requirements

• Timing: Tenants must receive at least 90 days’ written notice.
• Format: Landlords must use the official form of the Landlord and Tenant Board (LTB).
• Details required: The notice must state the current rent, the new rent, the percentage increase, and the effective date of the increase.

Exemptions & Exceptions

• Exempt units: Properties first occupied after November 15, 2018 (including new builds, new basement suites, and conversions) are exempt from rent control.
• Above-guideline increases (AGIs): Landlords can apply to the LTB for a larger increase if they face major capital expenses or extraordinary operating cost increases.

Why Compliance Matters

Following the guidelines protects landlords from invalid increases, disputes, or legal penalties. Transparent communication also fosters stronger landlord-tenant relationships and reduces turnover.

The Fox Marin Team helps landlords understand Ontario’s rent increase rules, ensuring compliance with the Residential Tenancies Act and facilitating smoother tenant management.

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