The guideline is the maximum a landlord can increase most tenants' rent duing a year without the approval of Landlorod and Tenant Board.
Rent Increase Guideline for 2018
The rent increase guideline is 1.8% for increases between 1 January and December 2018.
Who it Applies to
The guideline applies to most private residential rental units covered by the Residential Tenancies Act
The guideline does not apply to:
When can rent be increased
In most cases, the rent for a unit can be increased 12 months after:
A tenant must be given written notice of a rent increase at leaset 90 days before it takes effect.
How the guideline is calculated
It is calculated using the Ontario Consumer Price Index, a Statistics Canada tool that measures inflation and econimic conditions over a year. Data from June to May is used to determine the 2017 guideline for the following year.
A sample calculation
Your monthly rent was increased to $1,000 on 1 June,2017.
The guideline for 2018 is 1.8%. Therefore:
Your landlord could lawfully increase your rent payment 12 months later on 1 June,2018 up to $1,018.00 per month.
Your landlord would need to provide you written notice at least 90 days
before 1 June,2018
Previous rent increase guidelines
The chart below illustrates yearly rent increases, in Ontario, from 2009 to 2017.
For more information on the rent increase guideline, contact the Landlord and Tenant Board:
|Courtesy of Ontario.Ca|