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Rentals

Rental Deposits Ontario

Rental Deposits Ontario: 3 Helpful Facts You Need To Know

Rental Deposits Ontario: 3 Helpful Facts You Need To Know As a local Toronto realtor, I'm often asked a question by tenants and landlords regarding rental deposits. Namely, do landlords have to pay rent deposit interest to tenants for condo rentals in Toronto? Well you may be surprised to learn that Ontario landlords are indeed required to pay their condo tenants annual interest on their last month...

condo rent deposits

Are Condo Rent Deposits Legal In Toronto? Helpful Advice for Tenants

Are Condo Rent Deposits Legal In Toronto? Helpful Advice for Tenants. As a local Toronto real estate agent, I'm often asked this key question by tenants and landlords alike. According to the Residential Tenancies Act, condo rent deposits are legal in Toronto rentals markets but it depends on what type of deposit it is. Most Toronto landlords require that condo rental tenants initially pay first and last...

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