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 Post subject: In older homes
PostPosted: Wed Dec 26, 2018 10:22 pm 
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Joined: Wed Dec 29, 2004 10:41 pm
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Location: Milton
Can the landlord raise the rent by 200 per month, what is the percentage allowed , or is there one


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 Post subject: Re: In older homes
PostPosted: Thu Dec 27, 2018 7:42 am 
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Joined: Sun Jun 01, 2008 10:14 am
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Location: Milton
Were improvements done ?

Is it for a new tenant ?

BTW,,, this has nothing to do with "in older homes".

Your best source of information is to call the Landlord and Tenant Board.

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 Post subject: Re: In older homes
PostPosted: Thu Dec 27, 2018 8:34 am 
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Location: Milton
no nothing was done same tenants just wants to raise the rent


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 Post subject: Re: In older homes
PostPosted: Thu Dec 27, 2018 10:47 am 
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avonannie wrote:
no nothing was done same tenants just wants to raise the rent


Like I said, the tenants need to contact the Landlord and Tenant Board.

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 Post subject: Re: In older homes
PostPosted: Thu Dec 27, 2018 4:05 pm 
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It looks like 1.8% every 12 months is the max but I didn't read with great detail. If extensive renovations have been done they can apply to have a higher increase but the Landlord-Tenant board has to give them permission.

In the past slimy landlords have used loopholes like claiming a family member wants to move in but now they have to pay compensation if they try that trick.

https://www.ontario.ca/page/renting-ont ... #section-2


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 Post subject: Re: In older homes
PostPosted: Thu Dec 27, 2018 7:59 pm 
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avonannie wrote:
no nothing was done same tenants just wants to raise the rent


Possibly the landlord is adjusting for property tax inflation imposed by the Town of Milton over the last few years

The "Bubble" might have burst but MPAC seems to keep raising valutions


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 Post subject: Re: In older homes
PostPosted: Thu Dec 27, 2018 8:14 pm 
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Not too many residential properties have their taxes go up $2400 a year.


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 Post subject: Re: In older homes
PostPosted: Fri Dec 28, 2018 2:50 am 
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avonannie wrote:
Can the landlord raise the rent by 200 per month, what is the percentage allowed , or is there one

1.8% this year
https://www.ontario.ca/page/rent-increase-guideline

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Justin Trudeau apoligizes for this


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 Post subject: Re: In older homes
PostPosted: Fri Dec 28, 2018 7:38 am 
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Groundbreaking wrote:

In the past slimy landlords have used loopholes like claiming a family member wants to move in but now they have to pay compensation if they try that trick.


With that ridiculously low 1.8 percent government regulated annual rent increase it's no wonder that "slimy landlords" as YOU say, are using loophole tactics to get tenants out of homes.

Yes, I am sure there are SOME slimy landlords out there but there are also lots of slimy tenants who seem to be protected by unbalanced current rules that favour tenants.

Just try to get a tenant out of a home that does not pay rent, is damaging the property, has others move in with them. Yes, a landlord may eventually get then out but as far as collecting past rent,,,,,,, forget it.

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Last edited by Halton Home Inspector on Fri Dec 28, 2018 10:16 am, edited 1 time in total.

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 Post subject: Re: In older homes
PostPosted: Fri Dec 28, 2018 9:07 am 
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Joined: Wed Feb 26, 2014 1:14 pm
Posts: 660
Location: Phase 3A
unfortunately this percentage increase applies to everyone including purpose built apartments. Individual home owners also caught in this but they cannot recoupe any additional interest payments as a result of increase in interest rates. Can they cap increase in interest rates?

You cannot continue to have a losing one which is draining more cash out. As a result the landlord has to resort to remove the existing tenants if they try to play landlord-tenant rule book or resort to sell the property.


Last edited by Carl on Fri Dec 28, 2018 9:32 am, edited 1 time in total.

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 Post subject: Re: In older homes
PostPosted: Fri Dec 28, 2018 9:13 am 
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Sounds like a rate increase Liberal McGinty would have come up with.

Pass some law giving goodies to the commoners and foist the bill for it on some other sucker

That in a town where the Bubble has burst and Laurier won't be providing student tenants anytime soon

the local factories all seem to have been turned into Go Cart tracks and Health Centres

All in all a bedroom community headed for 7 years of famine


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 Post subject: Re: In older homes
PostPosted: Fri Dec 28, 2018 5:06 pm 
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What a horrible world we live in where the haves are in one small way legally prevented from screwing the have-nots. Good thing we’ve got a nepotistic douchebag who will “fix” everything. FOR THE PEOPLE!


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 Post subject: Re: In older homes
PostPosted: Fri Dec 28, 2018 8:33 pm 
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Hodor wrote:
What a horrible world we live in where the haves are in one small way legally prevented from screwing the have-nots. Good thing we’ve got a nepotistic douchebag who will “fix” everything. FOR THE PEOPLE!

No concept of private property?
I own something I AM allowed to sell the home for whatever price I can scam someone out of
Yet for some oddball reason that same house has regulations in how much I am allowed to rent it for?
Keep voting NDP buddy


Slimy Developers, Slimy Speculators, Slimy Realtors all AOK
Slimy Landlords must be stopped cause they are the problem with housing affordability
Obviously

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 Post subject: Re: In older homes
PostPosted: Fri Dec 28, 2018 9:59 pm 
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Joined: Tue Feb 08, 2011 9:51 pm
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Mr.Peppermint wrote:
Hodor wrote:
What a horrible world we live in where the haves are in one small way legally prevented from screwing the have-nots. Good thing we’ve got a nepotistic douchebag who will “fix” everything. FOR THE PEOPLE!

No concept of private property?
I own something I AM allowed to sell the home for whatever price I can scam someone out of
Yet for some oddball reason that same house has regulations in how much I am allowed to rent it for?
Keep voting NDP buddy


Slimy Developers, Slimy Speculators, Slimy Realtors all AOK
Slimy Landlords must be stopped cause they are the problem with housing affordability
Obviously


You can charge whatever you want for rent, just make sure it's correct at the start.
No one can tell you what to start at.
If you can't make it work with the legal rent increases, then you started to low.
You have to look at possible future expenses outside of the everyday.


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 Post subject: Re: In older homes
PostPosted: Sat Dec 29, 2018 1:35 pm 
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Mr.Peppermint wrote:
Hodor wrote:
What a horrible world we live in where the haves are in one small way legally prevented from screwing the have-nots. Good thing we’ve got a nepotistic douchebag who will “fix” everything. FOR THE PEOPLE!

No concept of private property?
I own something I AM allowed to sell the home for whatever price I can scam someone out of
Yet for some oddball reason that same house has regulations in how much I am allowed to rent it for?
Keep voting NDP buddy


Slimy Developers, Slimy Speculators, Slimy Realtors all AOK
Slimy Landlords must be stopped cause they are the problem with housing affordability
Obviously


I agree with you. Screw everyone else. We got ours.


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