Real Estate

Rent control does not apply to new rental units occupied after November 2018, including basements

  • Last Updated:
  • Apr 22nd, 2019 7:36 pm
[OP]
Deal Fanatic
Feb 22, 2011
5869 posts
5550 upvotes
Toronto

Rent control does not apply to new rental units occupied after November 2018, including basements

I didn't realize this includes new basement apartments too.

And +1 for precon condos right now;

This guideline also does not apply to new buildings, additions to existing buildings and most new basement apartments that are occupied for the first time for residential purposes after November 15, 2018.

https://www.ontario.ca/page/rent-increase-guideline
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