Know these 3 things before you agree to a rent increase in Ontario! 🏡 #realestate #ontario #rent #torontorealestate #landlord #tenant 1) Your landlord needs to give you proper notice before they can increase you rent 2) Check if your building is rent controlled. In Ontario, buildings are typically rent controlled if it was first occupied before November 15, 2018, newer buildings are exempt. 3) Rent increases can only happen once every 12 months so make sure they are not increasing rent every time interest rates go up! Know these tips to save you thousands renting! Good luck!