#rentON
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  • Renting is about freedom.
    Access to work and play.
    A lifestyle — on your own terms.

    Ontario renters desperately need more choice.

    Click the button below to help support creating more choice for Ontario renters:

    Ontario renters desperately need more choice.

    The facts:

    • In 2016, vacancy rates in Ontario fell to just 2.1% - the lowest levels since 2001 — in Toronto it's as low as 1.3% (2016 CMHC rental market survey)

    • Some purpose-build rental buildings have already been cancelled or converted to condos, and thousands of planned new units are now in jeopardy

    • Ontario desperately needs to build more purpose-built rental units so that Ontarians have more choice

    What You Can Do

    Ontario's political leaders at all levels need to hear from YOU!. We need them to work with industry to implement policies to encourage new rental construction.

    We need you to show your support by:

    What others are saying:

    Renting is more closely aligned with the needs of the urbanized knowledge-based economy than homeownership.

    Richard Florida, The New Urban Crisis: How Our Cities Are Increasing Inequality, Deepening Segregation, and Failing the Middle-class — and What We Can Do About It

    The condo market can no longer be the only option available to renters. The new wave of renters will need the stability of long-term renting and that’s where purpose-built developments enter the picture.

    Benjamin Tal, Chief Economist, CIBC (March 15, 2017)

    Building more rental housing... stimulates innovation and economic growth.

    Richard Florida, The New Urban Crisis: How Our Cities Are Increasing Inequality, Deepening Segregation, and Failing the Middle-class — and What We Can Do About It

    So what's the issue?

    Many Ontarians choose to rent. An increasing number can’t afford to buy given the ever-rising cost of home ownership – house and condo prices rose faster in Canada last year than in any other country in the world – while others prefer to rent for the additional benefits and flexibility. Boomers are looking to downsize and young adults want to live where they work.

    But Ontario is facing a rental housing crisis. There are simply not enough rental options. In 2016, vacancy rates in Ontario fell to just 2.1 per cent - the lowest levels since 2001. In addition, Ontario’s population continues to grow rapidly, especially in urban areas.

    As a result, rental units are increasingly unavailable and unaffordable.

    In addition, this past May the government enacted Bill 124 which attempted to fix the issue but it only addressed one aspect – affordability. Now the situation is being made worse. Thousands of rental units are in jeopardy because developers who were planning to build rental are opting to build condos due to financial implications and disincentives of the legislation.

    The cause of this housing crisis is basic supply and demand economics. There is just not enough housing for Ontario’s skyrocketing population.

    The Solution

    The solution is simple – we need to build more rental units for Ontarians to live in. A healthy supply of true rental apartments – not just condos – will provide quality, affordable housing choice. Purpose-built apartments stay in the rental pool over the long-term and are professionally managed.

    A recent report from Urbanation revealed that at least 6,250 rental units per year need to be built over the next decade to address this crisis. Download Report Double that amount would be desirable for a significant increase in the supply of permanent rental housing. So, how can we get there?

    FRPO proposes that Ontario’s rent controls rules be amended to encourage new rental supply by allowing for either a rolling exemption from the rental guideline for new purpose built rental projects or an increased guideline applicable solely to new purpose built rental. Rental availability in Ontario is facing a crisis made worse by recent government changes (Bill 124). Thousands of needed rental units are in jeopardy because developers who were planning to build new rental are opting to build condos instead due to financial implications and disincentives of the legislation. Download Summary of other measures to increase rental supply.


    Who We Are

    Since 1985, the Federation of Rental-housing Providers of Ontario (FRPO) has been the voice of Ontario’s rental housing industry and the leading advocate for quality rental housing. FRPO works to promote a balanced and healthy housing market with a vital rental-housing industry, choice for consumers, adequate government assistance for low-income households, and private sector solutions to rental-housing needs.

    Our membership includes a diverse group of rental property owners and managers, from those with one small building or a single rental unit, up to the largest property management firms and institutional owners. Today, FRPO represents more than 2,200 members who own or manage over 350,000 households in every area of Ontario.