Toronto is considering a “renoviction” policy to end landlords' free rein when it comes to hiking rent between tenants.
A “renoviction” policy that is seeking to put an end to landlords' free rein when it comes to hiking rent between tenants is going before city council on Tuesday.
There is a cap on how much a landlord can raise a tenant's rent each year, which the province recently to 2.5 per cent for the upcoming year. However, provincial law allows landlords to evict tenants if they are undertaking major renovations on a unit and there is no rule that bars landlords from raising the rent between tenants., penned by the city’s top housing official, notes the growing trend of “renovictions” in Toronto and explains the practice as a landlord illegally evicting a tenant by alleging they need vacant possession of a residential unit to undertake renovations or repairs.
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