A landlord may increase the rent above the guideline amount due to an eligible capital expenditure. The landlord must file an application to the Board for approval to increase the rent above the guideline amount. An above guideline increase cannot exceed the guideline amount plus 3% above the guideline in any one year. You can read more about this issue at the following link to the Board’s information brochure on applications for rent increase above the guideline, https://tribunalsontario.ca/documents/ltb/Brochures/Information%20about%20AGI%20Applications%20(EN)%20Revised_July10_2020.pdf