Alex Karczewski, Broker · New World 2000 Realty Inc.

Is my rent capped?

Is rent capped at Avia 2?

No.

Not rent controlled

Your rent at Avia 2 is not capped. The building's first tenants moved in Feb 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.

Address
4130 Parkside Village Drive, Mississauga
First tenants moved in
Feb 2025
Cutoff
November 15, 2018
Rule
RTA, 2006, s. 6.1

The date is the builder's first move-in date for the building. The rule goes by your unit, so ask the landlord to confirm before you sign.

Everything about Avia 2