Landlord Threatening to Not Renew Lease Less than 60 Days Before Expiration Date

Reddit, please excuse the long post but I am really concerned I am going to be kicked out of my apartment due to a misunderstanding and need to know what my rights are as a tenant.

TLDR: Landlord sent an email 55 days before the expiration date to let us know he might not renew our lease due to a misunderstanding of an incident that happened last month - we are good tenants

Here we go.

I am 23 years old and live with my boyfriend in a 1 bedroom apartment of a small low-rise apartment building with 10 units in Etobicoke. I moved in on May 1, 2023, and signed a 1 year lease for May 1 2023 to April 1, 2024. I am the only person listed on the lease as we decided to fully move in together after the lease was signed but my landlord knows and is totally okay with him being there (I have this documented in writing)

We are great tenants and have almost always paid our rent on time. In 2 instances we were a couple of days late (less than 5 days from the 1st due date), but this was always communicated to the landlord before the due date that we would be late due to extenuating circumstances and he was very understanding and okayed it - I do think he's an excellent landlord and very friendly.

On December 11, 2023 - 141 days before our lease is set to expire - I emailed the landlord to ask if it would be alright if we renewed and he said he didn't see why not and it should be okay.

Last month, we had an unfortunate incident that has been a huge learning lesson for us about our general goodness and friendliness. My boyfriend had an acquaintance who's been going through a tough time visit the area from out of town and missed his return train, so my boyfriend offered him a couch to crash on for a single night. The next day, my boyfriend and I went out to work as usual and the guest left, but he (the guest) forgot his bags at the apartment and returned to pick them up. Neither of us were at home at the time, and he got disturbed and upset that he would miss the train again and banged on the door a few times which alarmed our neighbors and prompted them to call the police - they simply heard loud noises and thought my boyfriend and I got into an altercation - again to clarify neither of us were even home at the time. We cleared this up with the police after they contacted us and we also explained this to the landlord, who can confirm we weren't even there with the hallway security cam footage.

When I reached out to the landlord today to ask him about our renewal, he emailed me to let me know he's "very concerned about recent issues going to take these things into account including us letting random people stay over and having issues with police involvement because he is concerned for tenant safety" when he considers our lease renewal.

This email was sent today, only 55 days before the lease is set to expire. I'm extremely distressed and alarmed by this as it was out of our control how the guest reacted, neither of us were at home, we are not a dangerous couple at all, we also care deeply about safety, and we simply can't afford to move.

The concern about us having issues with "police involvement" feels very unfair. Yes, I can understand on his side that it's alarming when a tenant has police at the apartment, but this was out of our hands and neither of us were even there or caused a disturbance. I've had instances in the past where I've been concerned with neighbors arguing and wanted to call the police just to make sure everything was okay but I didn't - would it be fair if their housing security was also up in the air just because of a misunderstanding?! Neither of us have any criminal records and are good, upstanding people. This was just a giant confusion.

We have had one noise complaint in the past over a tiff where we got a little loud, but have otherwise been excellent tenants, paying our rent, always communicating, taking extra care of the apartment using damage-free hanging and keeping it meticulously clean, fixing small issues (toilet valve not working, etc) ourselves, not complaining about neighbors despite several opportunities to, etc, and now I'm extremely stressed we're going to be kicked out for a misunderstanding that doesn't reflect us as tenants at all. We learned to not have guests over anymore as it's not worth the kindness we extend and has completely changed our landlord's view of us that we worked so hard for for no reason, but I really don't know what to do moving forward.

I thought that landlords needed to notify tenants with a 60-day warning about not renewing the lease.

What are our rights here?