ALLOWABLE PERCENTAGE
RESIDENTIAL RENT INCREASE FOR 2018


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 for the period January 1, 2018 to December 31, 2018 shall be as follows:

  •  1.75 percent for heated premises;

  •  1.5 percent for unheated premises; and

  •  1.5 percent for a mobile home site located in a mobile home park.

Forms related to rent increases 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, on the Director's website at www.irac.pe.ca/rental/ or at any Access PEI location.

DATED at Charlottetown, this 20th day of September, 2017.

See related Order

Posted: 2017/09/21