Apartment company raised my rent to be higher than other’s entry rent
I’m sorry if the title is confusing, I have no idea how else to word it.
I moved into my apartment in July of 2024 with a rent of $1590/month. Every year they have raised my rent by 2.1% in accordance with the provincial law where i live (Ontario, Canada). As of July 1 2026, my rent will be $1716/month.
I recently found out my building has more than 15 vacant units and held an open house offering the same layout and square footage as my unit for $1399/month.
Do I have any grounds to negotiate a lower price? Or do i just move across the hall lmao