Is rent capped at Verge 2 - East Tower?
No.
Not rent controlled
Your rent at Verge 2 - East Tower is not capped. The building's first tenants moved in Nov 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
- 1007 The Queensway, Toronto
- First tenants moved in
- Nov 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 Verge 2 - East Tower