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Hazelton Real Estate Inc. Brokerage
158 Davenport Rd 2nd Floor
Toronto, M5R 1J2

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Everything You Need to Know before RENTing a Condo in Toronto

landlord and tenant board The Landlord and tenant board is the former Ontario Rental Housing tribunal, a governmental institution which role is to provide information about the residential tenancies act and resolve disputes between most residential landlords and tenants. Its members are appointed by the provincial government and operates in many aspects like a court of law.

Posted by Go Condo Toronto

The Ontario Residential Tenancies Act, 2006

ontario province logo The Act establishes the rights and responsibilities of landlords and tenants who rent residential properties. A rental unit can be an apartment, a house, or a room in a rooming or boarding house. Either a landlord or a tenant can apply to the Board. Their disputes can be worked out through mediation or adjudication. In cases of mediation, a Board Mediator assists a landlord and a tenant to the reach a satisfactory agreement. In adjudication, on the other hand, a hearing is usually held. A decision is made by a Board Member based on the evidence the landlord and tenant present, and then issues an order. An order is the final, written version of the Board's decision.

According to the Residential Tenancies Act, a landlord is entitled to perform/request from prospective tenants: credit check, income information as complimentary to credit check and rental history. Most Realtors will ask you to fill the Ontario Real Estate Association form 410 called Rental Application.

Posted by Go Condo Toronto

Rent Increase

dolar white square icon The rent increase in Ontario is established annually by the government; specifically, the Ontario's annual Rent Increase Guideline that is based on the Ontario Price Index (CPI), a measure of inflation calculated monthly by Statistics Canada. The increase rate specified by the guideline is the maximum amount that most landlords can increase a tenant's rent during the year without making an application to the Landlord and Tenant Board. In most cases, the rent cannot be increased until at least 12 months after the tenant moved in. Notification of rent increase should be given to the tenant with at least 90 days notice and should be in accordance by the RTA guideline.

Posted by Go Condo Toronto

Landlord Right of Entry

exclamation point white square icon The landlord has the right to enter the property with a written 24 hour notice. The notice should explain reason, date and time of entry and should occur between 08:00 AM and 08:00PM. Some common reasons for entry include to perform reparations or work in the unit, to evaluate unit by insurer or mortgagee of the residential complex, or to Show unit to potential purchasers. The landlord has also the right to enter the property without written notice. This is most common in cases of emergency or when the tenant consents at the time of entry without prior notice.

Posted by Go Condo Toronto


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