Toronto (GTA) Real Estate

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nihir

Ontario caps 2024 rent increases at 2.5 per cent; does not apply to newer units (www.cbc.ca)

submitted 2 years ago by nihir to c/torontorealestate

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The cap does not apply to rental units first occupied after Nov. 15, 2018. Landlords can also apply to the Landlord and Tenant Board for increases above 2.5 per cent.

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