Calculator – New Rent Increase Framework

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Proposed Rent Increase Framework Calculator

This tool helps landlords and tenants understand how the proposed changes to the Residential Tenancy Act would work in real-life scenarios. Enter your values below to see a calculated rent increase.

1. Basic Rental Information

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%

2. Allowable Capital Expenditures
? A major repair or replacement over $5,000 (e.g., new roof, windows, plumbing system). This does not include routine or cosmetic maintenance.

Enter up to three separate major expenditures. Leave fields blank if not applicable.

Expenditure #1
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years
Expenditure #2
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years
Expenditure #3
$
years

3. Extraordinary Cost Increases
? A significant, one-year jump in property taxes or insurance that is greater than the Annual Allowable Increase. Enter the total annual costs for the entire building.

Leave fields blank if there are no extraordinary increases.

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$
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4. Occupancy Status

Check this box if a tenant is living in the unit. Uncheck if the unit is voluntarily vacant and will be rented to a new tenant.

Disclaimer: This calculator is for informational and educational purposes only, based on the proposed amendments to the PEI Residential Tenancy Act. It does not constitute legal or financial advice. All results should be considered estimates.