Is rent capped at Pinnacle One Yonge - Prestige?
No.
Not rent controlled
Your rent at Pinnacle One Yonge - Prestige is not capped. The building's first tenants moved in Oct 2022, 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
- 28 Freeland Street, Toronto
- First tenants moved in
- Oct 2022
- 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.
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