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Rent increases

Region: Ontario Answer # 448

Although there are guidelines in place under the Commercial Tenancies Act, rents are generally determined by market rates and negotiations between the parties. Generally, a landlord and tenant will negotiate the amount of rent and any rent increases, and include the details in the lease. The terms of the lease will overrule any guidelines in the Act. If a landlord wants to raise the rent more than the lease allows, they will have to wait until the lease expires. To protect a tenant from a steep rent increase or eviction, many leases give the tenant the right to renew the lease for a pre-set amount of rent.

For additional information on commercial tenancies, visit the Ministry of Municipal Affairs and Housing at mah.gov.on.ca.

A criminal record will affect your ability to be approved for a commercial lease. To erase your criminal record, learn more at Pardon Partners. It’s easier than you think.

If you are having financial problems, it may be difficult to rent an apartment or condominium. You can get help to clear your debt and repair your credit. For easy-to-understand debt solutions on your terms, contact our preferred experts 4Pillars and rebuild your financial future. With 60 locations across Canada, they will help you design a debt repayment plan and guide you with compassionate advice. No judgment. For help, visit 4Pillars or call toll-free 1-844-888-0442 .

For advice about commercial rent increases, you should consult a lawyer.

For legal advice and assistance with residential tenancies, contact our preferred Landlord and Tenant experts:

Caryma Sa'd, Lawyer & Notary Public

Nicola (Nick) Giannantonio Legal Sevices

NG Legal Services Landlord and Tenant ONNG Legal Services Landlord and Tenant ON

4Pillars Landlord & Tenant Ontario All Topics May 20184Pillars Landlord & Tenant Ontario All Topics May 2018

Pardon Partners – Landlord ONPardon Partners – Landlord ON


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