
Renting & leasing
Renting and leasing
For landlords with a home to lease and tenants looking for one: what to expect, with free official guides.
Jeseetha Jeganathan, Real Estate Broker, CENTURY 21 People’s Choice Realty Inc., Brokerage
How renting works
For landlords
Talk about the home
The rent you have in mind and when the home will be free. What the brokerage will do for you, and how it is paid, is agreed in writing.
Set the rent
Look at what similar homes nearby have leased for recently, to set a realistic rent.
Find a tenant
The home is advertised, people book viewings, and applications come in with references and income details.
Sign the lease
Most residential leases in Ontario use the province’s standard lease. Once it is signed, the move-in date is set.
For tenants
Talk about what you need
Where you want to live, your budget and when you want to move. The services, and who pays for them, are agreed in writing.
Get your papers ready
Landlords usually ask for proof of income, references and a credit report, so have them ready before you apply.
See places and apply
View the places that fit, then apply for the one you want.
Sign the lease
Read the lease before you sign it; most residential leases in Ontario use the province’s standard lease. Then you get your keys on the move-in date.
Free guides
From the Government of Ontario, Tribunals Ontario (the Landlord and Tenant Board) and RECO, Ontario’s real estate regulator. Free to read, with no sign-up.
- Guide to Ontario’s standard lease (opens Government of Ontario’s website)What the standard lease covers, and what a landlord can and cannot ask for.Government of Ontario
- Renting in Ontario: your rights (opens Government of Ontario’s website)Rent, deposits, repairs and moving out, for tenants and landlords.Government of Ontario
- Landlord and Tenant Board (opens Tribunals Ontario’s website)Where disagreements between landlords and tenants are settled.Tribunals Ontario
- RECO Information Guide (opens RECO’s website)Your rights, and what to expect when you buy or sell with a brokerage.RECO
Renting or leasing?
Tell Jeseetha whether you have a home to lease or are looking for one. Call or text her.
- Call or text
- (416) 566-0337
- Office
- (416) 742-8000