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Ontario Rent Increase Guidelines – What Landlords Need to Know
25-03-20, 12:30 p.m.
A detailed guide for Ontario landlords on the 2025 Rent Increase Guideline, including legal requirements and exceptions.
This comprehensive guide is designed specifically for Ontario landlords to fully understand and navigate the 2025 Rent Increase Guideline set under the Residential Tenancies Act. With the cap set at 2.5%, this guideline limits how much landlords can raise rent for most residential rental units between January 1 and December 31, 2025, unless an exemption applies. The article provides a step-by-step breakdown of the legal obligations landlords must meet when increasing rent, including providing tenants with written notice at least 90 days in advance using the official Form N1. It details which rental units are exempt from the guideline, such as newly constructed buildings occupied after November 15, 2018, and outlines how landlords can apply for above-guideline increases if facing extraordinary expenses, significant capital repairs, or increased operating costs.
Furthermore, the article emphasizes the importance of clear communication with tenants throughout the rent increase process to help maintain positive landlord-tenant relationships and avoid disputes or complaints to the Landlord and Tenant Board (LTB). It also offers practical tips for record-keeping, timelines, and how to handle tenant inquiries or challenges professionally. By understanding these guidelines and following the correct procedures, landlords can confidently manage rent adjustments in compliance with provincial law, protecting their investment while respecting tenant rights.
https://www.anabastas.ca/blog/Ontario-Rent-Increase-Guideline-2025--What-Landlords-Need-to-Know?utm_source=chatgpt.com