Yonge & Eglinton neighbourhood, moved into a newly built 1-bed compact condo last summer for an attractive pandemic rate of $1650. The owner’s agent sent a 90-days notice informing increase in rent to $2250 after current lease expires.

“Despite the rent guideline being 1.2% for 2022, please note that this only applies to buildings that are rent controlled (occupied prior to 2018). As your building is not rent controlled, please note that there is no limit to the amount that rent can be increased”

This is brutal, but apparently legal too?