Is rent capped at T1 at M2M?
No.
Not rent controlled
Your rent at T1 at M2M is not capped. The building's first tenants moved in Mar 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
- 8 Olympic Garden Drive, Toronto
- First tenants moved in
- Mar 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 T1 at M2M