deposit interest

Rental Deposits Ontario

Rental Deposits Ontario: 3 Helpful Facts You Need To Know

Rental Deposits Ontario 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 rent deposit. Since it’s not...