You must comply with the Residential Tenancies Act (RTA), which governs all rental agreements in Ontario. This includes using the standard lease form, following legal notice periods, and respecting tenant rights regarding entry, maintenance, and rent increases.

Yes. Ontario law requires landlords to use the Ontario Standard Lease Agreement for most residential tenancies. It clearly defines rent amount, payment dates, utilities, and responsibilities — protecting both landlord and tenant.

You can set the rent based on market value for new tenants. However, annual rent increases for existing tenants are limited by the Ontario Rent Increase Guideline, which is typically capped by the government each year.

A detailed answer to provide information about your business, build trust with potential clients, and help convince the visitor that you are a good fit for them.

You can request an application form, credit report, employment verification, references, and photo ID — but must comply with privacy and human rights laws. You cannot refuse tenants based on race, religion, family status, or other protected grounds.

Ontario landlords cannot charge a damage deposit. You may collect only a last month’s rent deposit, which must be applied to the final month of tenancy and accrue interest annually at the prescribed rate.

If rent isn’t paid, you can serve an N4 Notice to End Tenancy for Non-Payment. If payment isn’t made within the notice period, you may apply to the Landlord and Tenant Board (LTB) for an eviction order. Always follow legal procedures to avoid delays.

Yes, but you must check your condo corporation’s bylaws first. Some buildings have rules about minimum lease terms or tenant registration. Ensure your lease follows both Ontario tenancy laws and your condo’s specific regulations.