Ontario Announces 2017 Rent Guideline which is 1.5%

On Friday, the Government of Ontario announced the 2017 rent increase guideline which is 1.5%. The rent guideline is the percentage by which a landlord can raise a tenants rent without applying to the Landlord and Tenant Board for permission. A landlord is still required to give a tenant 90 days written notice and the increase can only be taken 12 months after the tenant has moved in or 12 months after the last rent increase came into effect.

 

The guideline applies to most private residential units. It does not apply to vacant units, units built or occupied after November 1, 1991, social housing units or commercial units.

 

To see if the guideline applies to you or for help with calculating your rent increase, please contact the tenant hotline at 416-921-9494.

 

For more information on the 2017 guideline for Ontario, visit:

https://www.ontario.ca/page/rent-increase-guideline