Question 1

How is your Toronto rental finding service free?

Accepted Answer

My services are paid by the Landlord once an approved lease contract has been agreed upon. Since the Landlord is typically represented by another Real Estate Sales Representative, my duties and loyalty are to you the Tenant.

Question 2

What is the first step to finding a rental in Toronto?

Accepted Answer

To begin your rental search, contact Conrad Rygier with details about your needs including your maximum budget, preferred move-in date, locations of interest, number of rooms required, and whether you need parking.

Question 3

Do condo rental suites in Toronto come with ensuite laundry?

Accepted Answer

Most new condos in Toronto are built with ensuite laundry in each suite. Some older condos may have common area laundry rooms for residents only, but they represent a small portion of buildings in the city.

Question 4

What are my options for parking in a Toronto condo rental?

Accepted Answer

Suites with parking included within the rent typically fetch a $100-$150 premium over similar suites without parking. If the suite comes with parking and you do not need it, you may be able to rent out the spot. If you need a parking spot but it is not included within the rent, you may be able to rent one separately from another Landlord in the same building at an additional cost.

Question 5

How do I pay rent each month for a Toronto condo rental?

Accepted Answer

Upon a successful Agreement to Lease, the Tenant is required to provide a certified cheque equalling 2 months rent, due within 24 hours of acceptance. This deposit secures the lease agreement and applies to the first and last month of the lease term. On move-in day, the remaining 10 post-dated personal cheques are handed to the Landlord in exchange for the suite keys.

Question 6

Am I allowed to have pets in a Toronto condo rental?

Accepted Answer

Many condos have restrictions on the size and quantity of companion animals. Landlords are not legally allowed to discriminate against pet owners, however there is no way to force a Landlord to accept you as their Tenant.

Question 7

Will being a smoker affect my chances of renting a condo in Toronto?

Accepted Answer

Landlords often request non-smoker Tenants due to the smell that smoking indoors can cause. It is illegal to discriminate against smokers, however there is no way to force a Landlord to accept you as their Tenant.

Question 8

Do Toronto condo rental Tenants have access to building amenities?

Accepted Answer

All condo facilities are accessible to Tenants when the lease term has begun. Smaller and older condos typically do not have pools or modern gym equipment. Larger and newer condos tend to have more to offer.

Question 9

Can I decorate or paint my Toronto rental suite?

Accepted Answer

Typically painting and minor decorations are permitted, however it would be prudent to inform your Landlord when doing so. Dark colours may be rejected as they make repainting more difficult.

Question 10

What deposit is required when renting a condo in Toronto?

Accepted Answer

Within 24 hours after an accepted lease has been approved, the Tenant is required to provide a certified cheque in the amount of first and last month's rent.

Question 11

How much notice do I need to give before moving out of my Toronto rental?

Accepted Answer

The Ontario government has mandated that all Tenants are required to give their Landlord at least 60 days written notice when planning to move.

Question 12

How do I get the keys to my new Toronto rental suite?

Accepted Answer

On closing day, which is the first day of the new lease, all parties arrange to meet at the suite to exchange cheques and insurance for the keys.

Question 13

How long is a typical Toronto condo rental lease term?

Accepted Answer

Most leases are signed for a 1 year term. Shorter term rentals are not common and typically cost more per month.

Question 14

Can I stay in my Toronto rental on a month-to-month basis after my lease ends?

Accepted Answer

At the end of the lease term, you may continue on a month-to-month basis. The advantage of continuing month-to-month is flexibility. At any time you can give at least 60 days notice and move without penalty.

Question 15

Should I renew my Toronto condo rental lease?

Accepted Answer

At the end of the lease term, you may renew the lease. The advantage to renewing is that your rent is locked in for another term, and you are protected from being asked to leave if the Landlord sells.

Question 16

How are monthly rent payments made after the deposit?

Accepted Answer

Since the first and last month's rent is paid up in advance as the deposit, there are 10 remaining months left in the lease term. These are paid by post-dated cheques when picking up the keys.

Question 17

What is the difference between a solarium and a den in a Toronto condo?

Accepted Answer

Solariums and dens are both extra rooms inside condo suites. Solariums are typically found in older buildings, have windows, and may have a sliding glass door. Dens tend to be found in newer construction, lack a door, and are often found closer to the main entrance.

Question 18

Can I sublet my Toronto condo rental if I need to move early?

Accepted Answer

If you need to move while still under contract, you may be allowed to sublet your suite to someone else, pending Landlord approval.

Question 19

What utilities are included in a Toronto condo rental?

Accepted Answer

Each condo building includes different utilities with the rent. Typically water is included while heating, air conditioning, and electricity may not be. Every building varies and some include more than others.

300 Manitoba Street #426

Mimico

COMMUNITY

Property info

INCLUDED IN THE RENT

LOCATED NEARBY

CONRAD RYGIER

TORONTO REAL ESTATE BROKER