Rent Increase Guidelines for 2024 quick facts
As we gear up for the journey into 2024, it’s time for a heart-to-heart about what the new year holds for us in the rental realm.
- The rent increase guideline for 2024 is 2.5%
- The 2024 rent increase is the same as 2023
- Rent Increase Guide | LandLord Property and Rental Management
Calculate Your Rent Increase:
Rent Increase:
--
Updated Rent Rate:
--
How LandLord Can Help
We professionally, legally, and fairly issue rent increases to our tenants on behalf of our clients. We know there are several things to consider before a rent increase, and that every property is unique. If you would like to discuss what strategy would work best for you, get in touch with our advisors todays.
Remember, as a rental property owner, you always have the option of outsourcing your rent increases as well as your rent collection and property management. If you would like to experience “hands-off” rental property ownership, schedule a consultation with our team today!
Learn more at Ontario.ca