Ontario Residential Rent Increase For 2023 is 2.5%

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Ontario residential rent increase guideline for the year 2023 has been listed on the Ontario government website at 2.5%

www.ontario.ca

Previous rent increase guidelines

The chart below illustrates yearly rent increases, in Ontario, from 2015 to 2023.

Year

guideline (%)

2023

2022		2.5

1.2
20210
20202.2
20191.8
20181.8
20171.5
20162.0
20151.6

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