Rent Increase Calculator | LandLord Property and Rental Management

Ontario Rent Increase Calculator

Find the maximum rent you can charge on renewal, legally.

Enter your current monthly rent and the increase rate. We’ll calculate the maximum guideline increase you can apply under Ontario’s Residential Tenancies Act.

Rent Increase:

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Updated Rent:

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Ontario Rent Increase Basics

You can raise rent once every 12 months—either one year after the tenant moved in or one year after your last legal increase. The province publishes a rent increase guideline each year: it’s a percentage applied to the current monthly rent to find the maximum you can charge.

Example: Current rent $1,000 × 2.5% guideline = $25 increase → new rent $1,025.

Notice & Timing

You must give the tenant 90 days’ written notice before the new rent takes effect.

Example: Tenant moved in Sept 1, Year 1. Earliest increase date: Sept 1, Year 2. Serve Form N1 no later than June 1, Year 2 (90 days prior).

Guideline Exceptions

Some units are exempt from the guideline (you can negotiate any increase). Ontario states:

“New buildings, additions to existing buildings and most new basement apartments that are occupied for the first time for residential purposes after November 15, 2018 are exempt from rent control.”

If you’re unsure whether your property qualifies, verify before serving notice.

Looking to estimate management costs as well? Try our Property Management Fee Calculator.

Chart showing Ontario rent increase guidelines: 1.2% in 2022, 2.5% in 2023, 2.5% in 2024, 2.5% in 2025, and 2.1% in 2026.

Download the Full Rent Increase Guide (Free)

Get a clear, step‑by‑step walkthrough of Ontario’s rent increase rules: how to calculate the guideline, confirm exemptions, complete and serve Form N1 correctly, and stay on schedule with an easy timeline checklist.

Download Guide

Outsource Your Increase & Collection

When you are ready to unload some of your responsibilities as a landlord to a trusted and professional team, get in touch with LandLord. We help thousands of landlords throughout Toronto and around the world in managing condos, townhomes, single-family dwellings, and multiplexes. Learn more about how we make being a landlord easy by scheduling a conversation with our team.

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This Rent Increase Calculator follows Ontario’s annual guideline under the Residential Tenancies Act, 2006.

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