ALLOWABLE PERCENTAGE
RESIDENTIAL RENT INCREASE FOR 2014


In accordance with the Rental of Residential Property Act, the Island Regulatory and Appeals Commission has determined that the allowable percentage increase for residential rent during 2014 shall be as follows:

  •  2.0 percent for heated residential premises;

  •  1.0 percent for unheated residential premises; and

  •  1.0 percent for a mobile home site only in a mobile home park.

Forms related to rent increases within or above the allowable percentage and general information regarding the Act are available from the Office of the Director of Residential Rental Property, Fifth Floor, National Bank Tower, 134 Kent Street, P. O. Box 577, Charlottetown, PEI, C1A 7L1, at the Director’s website at www.irac.pe.ca/rental/ or at any Access PEI location.

DATED at Charlottetown, this 17th day of September, 2013.

See related Order

Posted: 2013/09/19