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2019 Rental Guideline Increase

  • Tue, July 17, 2018 3:37 PM
    Message # 6386038
    Anonymous

    2019 GUIDELINE INCREASE SET AT 1.8%.

    This is the same as the current 2018 guideline.

    This figure represents the maximum a landlord can increase rent throughout 2019 without applying to the Landlord and Tenant Board for an above-guideline increase.

    Generally, rent can be increased 12 months after a tenant moves in, or 12 months after the last rent increase.

    Tenants must be provided written notice at least 90 days before the rent increase can take effect. The notice must comply with the rules of the Landlord and Tenant Board.

    When calculating rent, make sure not to round up if that amount would bring the rent increase over the guideline figure of 1.8%.

    Ontario landlords have the right to apply for an above-guideline increase for the following situations:

    • Municipal taxes have increased by more than the guideline plus 50% — 2.7% or more under the current guideline;
    • The landlord incurred operating costs related to security services; or,
    • The landlord incurred eligible capital expenditures.


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