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so here are your Rules for residential rent in 2023 in most cases the rent for residential units can be increased 12 months after either the last rent increase or the date the tenancy Begins the landlord must give the tenant notice of the rent increase at least 90 days before the actual increase takes place now for 2023 the rent increase guideline is at a maximum of 2.5 percent the guideline is the maximum the landlord can increase your rent as a tenant without looking for approval from the landlord attendant board that guideline is actually calculated by the Ontario Consumer Price Index its statistics Canadas tool that measures inflation and economic conditions over a year the proper forms for this notice is available on the landlord tenorport website in most cases its going to be the N1 thats going to be delivered to the tenants of course if you do have any questions or concerns Im always available feel free to shoot me a DM for any questions you might have