#dougford
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Two sisters were shocked when a Toronto landlord raised their rent by $7,000, to $9,500 a month.
The sisters have lived in the building for three years and the unit has two bedrooms and two bathrooms, but they feel the landlord is raising the rent to $114,000 a year to get them to move out because they requested changes to their lease.
While landlords in Ontario can only raise the rent 2.5 per cent this year and 2.5 per cent next year, that's not the case in newer buildings.
Buildings built after Nov. 15, 2018 are exempt from rent controls. Meaning, landlords can raise the rent by any amount they want. The Ford government scrapped rent control for these units to incentivize developers and increase the province’s housing supply.
At Queen's Park, both the NDP and the Liberal parties are calling on the government to bring back rent controls.
#toronto #rent #house #condo #affordable #gta #landlord #rentcontrol #ontario #politics #onpoli #dougford #news #ctvnews
The sisters have lived in the building for three years and the unit has two bedrooms and two bathrooms, but they feel the landlord is raising the rent to $114,000 a year to get them to move out because they requested changes to their lease.
While landlords in Ontario can only raise the rent 2.5 per cent this year and 2.5 per cent next year, that's not the case in newer buildings.
Buildings built after Nov. 15, 2018 are exempt from rent controls. Meaning, landlords can raise the rent by any amount they want. The Ford government scrapped rent control for these units to incentivize developers and increase the province’s housing supply.
At Queen's Park, both the NDP and the Liberal parties are calling on the government to bring back rent controls.
#toronto #rent #house #condo #affordable #gta #landlord #rentcontrol #ontario #politics #onpoli #dougford #news #ctvnews
