Alex Karczewski, Broker · New World 2000 Realty Inc.

Is my rent capped?

Is rent capped at Courtyards - Building 1?

No.

Not rent controlled

Your rent at Courtyards - Building 1 is not capped. The building's first tenants moved in Oct 2024, 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
101 Pope John Paul II Square, Markham
First tenants moved in
Oct 2024
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 Courtyards - Building 1