There is a statement on this website regarding a landlord taking on a new tenant. It addresses the amount of rent that the landlord can charge a new tenant: “The amount of rent is based on current market prices but in Ontario, there are limitations to what a landlord may ask for rent.” What are those limitations?
Hello,
I hope the following link will answer your questions:
https://www.ontario.ca/page/residential-rent-increases
Thank you,
Lahbib