Rent for a one-bedroom can cost anywhere from about $1,860 in Halifax to $2,500 in Toronto and as much as $2,800 in Vancouver, according to a recent report by Rentals.ca.
The residents of 33 King St., near Weston Road, are withholding rent from their corporate landlord Dream Unlimited, demanding the company commit to no more above-guideline rent increases.
The province's delay-ridden Landlord and Tenant Board is prioritizing applications from landlords asking for above guideline rent increases until the end of the year, according to a memo obtained by CBC Toronto.
Although above guideline rent increases are legal under Ontario's Residential Tenancy Act to help cover the cost of capital expenses, tenants and tenant advocates argue they shouldn't be.