Yes, in a few scenarios first landlords can apply for above guideline increases if they faced extraordinary increase in municipal taxes and charge for the building, if they incur eligible capital expenditures respecting the building or one or more units in it, or if they incur operating costs related to providing security services where the building.
Extraordinary increases and eligible capital expenditures are defined by regulations and increase are capped at 3% above the guideline amount.
Landlord and tenants can agree to rent increases as the landlord undertakes to carry out specified capital expenditures, or undertakes to provide new or additional services. This increase is capped at 3% above the guideline.
Adding a parking space or another prescribed service can raise the rent by the actual cost of the service or a reasonable amount based on its value.
