rent fairness

My Toronto landlord wants to raise rent 8%. Is that legal?

No, not for a unit first occupied before Nov 15, 2018. Ontario rent guideline for 2026 is 2.5%. Anything above that requires LTB approval — and the landlord has to apply, not you. If they raise it without LTB approval, you can refuse to pay the excess and dispute via N1 form.
What your landlord didn’t say

Some landlords rely on tenants not knowing the cap. The increase has to be served on form N1 with 90 days notice. No N1 = no valid increase. If the unit was first occupied AFTER Nov 15, 2018 (newer builds), it is exempt — that is the one big loophole.

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PropTrust is a Canadian property data platform. We are not a lender, broker, real estate agent, landlord, or paid advisor. This is information about how the rules work — not advice on your specific situation. For that, talk to a licensed professional.