Landlord/tenant rights, dealing with problems, where to get help...
10% Rent Increase - Acceptable?
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ForumUser Posts: 539
Posted On: 1/18/2018
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I am pastor and one of my parishioner was mentioning a rent increase of 10%.
Is this acceptable in certain circumstances?
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Moderator Moderator Posts: 4075
Posted On: 1/18/2018
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Hello,
Thank you for sharing this situation and question with us.
We can appreciate that they would be concerned about this.
You can find some detailed information in our Settlement.Org How often can a landlord increase the rent? article in the How much can my landlord increase the rent? section.
Here is an excerpt,
How much can my landlord increase the rent?
Once you have moved into a unit, the landlord must follow a rent control guideline. The Ontario Ministry of Municipal Affairs and Housing sets this guideline every year. The guideline limits how much your landlord can increase your rent that year.
In 2017, the limit is 1.5%.
In 2018, the limit will be 1.8%.
The Landlord and Tenant Board (LTB) must approve any increases above this percentage. For example, the LTB might approve a higher increase if your landlord has made large repairs or installed a security system.
They may want to contact the nearest Community Legal Clinic to find out what their rights are in this situation.
They can find the nearest one on the Legal Aid Ontario website in the Community Legal Clinics section.
I hope this information is helpful. Please let us know if you have further questions and if there is any follow up to your question/situation.
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Anna
Settlement.Org Content and Information/Referral Specialist, CIRS
Settlement.Org
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