N2 — Rent Increase (Unit Not Covered by the Guideline)
Used for units exempt from the rent-increase guideline — mainly units first occupied as rentals after November 15, 2018. There is no percentage cap, but the process rules still apply.
⏰ The deadlines
| Notice required | At least 90 days |
| Frequency | At most once every 12 months |
🛡️ Defenses & defects to check
- Verify the unit is actually exempt — ask in writing when it was first occupied as a rental. Many landlords claim exemption incorrectly.
- The 90-day and 12-month rules still apply even with no cap.
💡 What the pros know
- If the increase is unaffordable, negotiate before the effective date — landlords often prefer keeping a good tenant over a vacancy.
Related forms: N1 — Notice of Rent Increase
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Open the right toolLegal information for Ontario, not legal advice — verified against official sources but rules change and every case differs. Confirm with the LTB (tribunalsontario.ca), Steps to Justice, or a community legal clinic.