what about a house build in the 60s? basement was finished when landlord bought it in 2021. It didn't have a kitchen, bathroom and a separate entrance. Landlord installed kitchen, bathroom and separate door in 2021. Does the basement have rent control?
In Ontario, a completely new renovated basement apartment is subject to rent control under the Residential Tenancies Act, regardless of when it was built or renovated. The rent control rules apply to all residential rental units in Ontario, including basement apartments, regardless of their age or whether they were newly built or renovated. The rent control rules in Ontario were updated in 2017 to include all private rental units, regardless of when they were built. This means that all rental units, including basement apartments, are subject to annual rent increase limits that are set by the government. The only exception to this rule is for new construction after November 15, 2018, which is subject to a different set of rules under the Rental Fairness Act, 2017. Under these rules, landlords can increase the rent for new construction units by any amount for the first 12 months after the first tenant moves in. After the first year, rent increases are subject to the same annual rent increase limit as other rental units in Ontario. Therefore, if your renovated basement apartment was completed before November 15, 2018, it is subject to rent control under the Residential Tenancies Act, regardless of whether it was newly renovated or not.
what about a house build in the 60s? basement was finished when landlord bought it in 2021. It didn't have a kitchen, bathroom and a separate entrance. Landlord installed kitchen, bathroom and separate door in 2021. Does the basement have rent control?
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In Ontario, a completely new renovated basement apartment is subject to rent control under the Residential Tenancies Act, regardless of when it was built or renovated. The rent control rules apply to all residential rental units in Ontario, including basement apartments, regardless of their age or whether they were newly built or renovated.
The rent control rules in Ontario were updated in 2017 to include all private rental units, regardless of when they were built. This means that all rental units, including basement apartments, are subject to annual rent increase limits that are set by the government.
The only exception to this rule is for new construction after November 15, 2018, which is subject to a different set of rules under the Rental Fairness Act, 2017. Under these rules, landlords can increase the rent for new construction units by any amount for the first 12 months after the first tenant moves in. After the first year, rent increases are subject to the same annual rent increase limit as other rental units in Ontario.
Therefore, if your renovated basement apartment was completed before November 15, 2018, it is subject to rent control under the Residential Tenancies Act, regardless of whether it was newly renovated or not.