Ontario caps 2024 rent increases at 2.5 per cent; does not apply to newer units

Most Ontario landlords will be able to increase rent by up to 2.5 per cent next year. Municipal Affairs and Housing Minister Steve Clark says the rent increase guideline for 2024 is set at the same rate as for this year, and he notes that it is below the average inflation rate of 5.9 per cent.

Gloria Bae - BuyandSellOttawaProperties

E D D Y Property Management & Development Inc.

Ontario Moves To Cap Rent Increases

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Ontario caps 2024 rent increases at 2.5 per cent; does not apply to newer units

KRC Legal Windsor ON

Rent Control in Ontario – A Boom or Bust for Landlords and Tenants

Bye bye 1991 loophole — rent control to expand to all rental units