Can my landlord increase my rent above the guideline?
Your landlord can apply to the LTB for permission to raise the rent by more than the guideline. This kind of rent increase is sometimes called an above guideline increase or AGI. Your landlord still must wait 12 months between increases and give 90 days’ written notice. The notice must say if your landlord applied for permission or if the LTB has allowed the AGI.
The LTB can allow an AGI only for the following reasons:
- the cost of security services
- certain kinds of capital expenses
- unusually high increases in municipal taxes and charges
Capital expenses are major repairs, renovations, replacements, or additions that will last at least 5 years and are not part of normal ongoing maintenance.
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