Government Programs

Rent Increase Guidelines

The 2011 guideline is 0.7 per cent. The rate of allowable rent increases for 2012 will be 3.1 per cent. The 2012 guideline applies to rent increases between January 1 and December 31, 2012.

The new rent increase guideline applies to a rent increase that begins any time between January 1, 2011 and December 31, 2011 and applies to most residential units in Ontario.

In most cases, the rent for a unit can be increased if at least 12 months have passed since the tenant first moved in or since his or her last rent increase. The tenant must be given proper written notice of the rental increase at least 90 days before the rent increase takes effect.

The guideline was designed to take into account increases in landlords’ building maintenance and operating costs in order to protect tenant safety and health.

Landlords may apply to the Landlord and Tenant Board for an increase above the guideline, if their costs for the municipal taxes or utilities have increased by more than the guideline plus 50 per cent.

Landlords may also apply for an increase above the guideline for operating costs related to security services and for eligible capital expenditures.

The Landlord and Tenant Board provides information to the public through a network of offices across Ontario. The Board can be reached by calling toll-free 1-888-332-3234 (outside Toronto area) or 416-645-8080 (from within the Toronto area). Information is also available on the Board website at www.ltb.gov.on.ca

A copy of the Residential Tenancies Act, 2006, can be ordered from ServiceOntario Publications by calling 416-326-5300 or toll-free 1-800-668-9938, or online at www.publications.gov.on.ca. The text of the Residential Tenancies Act, 2006 can also be located on the e-Laws website at www.e-laws.gov.on.ca.

Due to regular changes in government programs, OMDREB doesn't guarantee that this is the most recent data. Please see individual websites for the most up-to-date information.

 

Contact

The Oakville, Milton and District Real Estate Board
125 Navy Street
Oakville, ON  L6J 2Z5
Phone: 905-844-6491
Fax: 905-844-6699
info@omdreb.on.ca