The Government of Ontario has passed legislation to freeze rent at 2020 levels. This means that rents will not increase in 2021 for the vast majority of rental units covered under the Residential Tenancies Act (RTA).
The rent freeze applies to tenants living in:
- rented houses, apartments and condos (including units occupied for the first time for residential purposes after November 15, 2018)
- basement apartments
- care homes (including retirement homes)
- mobile home parks (except where there is an assignment of a lease for a mobile home site)
- land lease communities
- rent-geared-to-income units and market rent units in community housing
- affordable housing units created through various federally and/or provincially funded programs
There are certain exceptions to the rent freeze.
While the rent freeze will end on December 31, 2021, landlords can give proper 90 days’ notice in 2021, for a rent increase that takes effect in 2022.
Learn more about the rent freeze.