I hope this letter finds you in good health. I would like to inform you that our one-year housing lease at 1, ABX is completing on 31st May. We would like to express our interest to continue the lease for another year provided the rent is not increased.
As per the current housing market in Canada, Ontario I have seen that the rents have reduced. Matter of fact, There are many condos in our building leased with lesser rents. I request you to please consider not increasing the rent and we would pay the same rent going forward. you can plan to increase the rent according to house market trend.
If you are not willing to consider our request, then we are left with no option but to vacate the house. I hope to get positive response from you and waiting to hear you soon.
Thanks,
Mary