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Landlord Rights & Responsibilities

How often can landlords in Ontario raise the rent, and by how much?

Team Proppa
February 21, 2023

Negotiating rent hikes can be a complicated matter. In Ontario, the frequency with which a landlord can increase the rent is limited to only once every 12 months for as long as you remain in that property. However, before effecting a rent hike, the landlord has to give you notice of at least 90 days. If not, you are not obligated to pay the increase, but you still, have to pay the rent that you were before the hike.

How much a landlord can hike the rent each time is limited by the provincial government. In Ontario, rental hikes have been capped at 2.5 percent for 2023. This cap applies to most of the approximately 1.4 million rental households in the province that are covered by the Residential Tenancies Act and cover any increases in rent between January and December 2023. Any hike above the 2.5 percent mark cannot go into effect unless approved by the Landlord and Tenant Board. Such hikes above the cap can be approved by the board only in certain circumstances such as after the completion of eligible capital work on the property. Tenants who feel that their rent has been improperly raised can apply to the Landlord and Tenant Board to request a correction.

The cap does not apply in the cases of rental units occupied for the first time after November 15, 2018, vacant residential units, community housing, long-term care homes, or commercial properties.

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Article Sources

http://www.ontariotenants.ca/law/law.phtml#Q13

Disclaimer: This article is for informational purposes only and should not be considered as financial or investment advice. Real estate investments carry risks, and individuals should conduct thorough research and seek professional guidance before making any investment decisions.