Which Toronto Rentals Are Exempt from Rent Control?

In Ontario, most rental units first occupied after November 15, 2018—such as new condo buildings, basement suites, or additions—are exempt from rent control.

What Rent Control Means:

• Rent-controlled units: Rent can only be raised once every 12 months and only by the annual provincial guideline (2.5% in 2024).
• Exempt units: Landlords of certain newer properties aren’t bound by this guideline and may set higher increases, provided they give 90 days’ notice.

Exemptions in Detail:

• New builds: Residential units first occupied after November 15, 2018.
• Additions: New units added to an existing property (e.g., adding a rental floor or basement suite).
• Conversions: Non-residential spaces converted to residential after the cutoff date.

Tenant Protections Still Apply

Even in exempt units, landlords must:

• Provide 90 days’ written notice of any increase.
• Wait at least 12 months between increases.
• Comply with all other rights under the Residential Tenancies Act.

The Fox Marin Team educates tenants on whether their unit is covered by rent control and what that means for future rent increases, ensuring you know your rights before signing or renewing a lease.

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