Is rent capped at Rodeo Drive Condominiums?
No.
Not rent controlled
Your rent at Rodeo Drive Condominiums is not capped. The building's first tenants moved in Apr 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
- 50 O'Neill Road, Toronto
- First tenants moved in
- Apr 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.
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