In Ontario, a landlord can only collect a last month's rent deposit (at most one month for monthly tenancies), usable only for the final month's rent — not as a damage deposit. Landlords must pay annual interest equal to the rent-increase guideline, which is 2.1% in 2026. Here's how much can be collected, how interest works, what's illegal, and what to do if an illegal deposit was taken.
In Ontario, agents typically use OREA's Agreement to Lease to get a tenant and landlord to a deal, and it's legally binding once accepted. But per Ontario rules, most residential tenancies must also use the government Standard Lease, which the landlord must provide within 21 days of the tenancy starting. Here's how the two relate, the deposit rules, and a pre-signing checklist.
What happens when an Ontario one-year fixed-term lease ends? Per the Residential Tenancies Act, 2006, s.38, a fixed term that isn't renewed or terminated automatically becomes a month-to-month tenancy on the same terms. Tenants need sign nothing to stay, and landlords can't evict merely because the term ended. Here's how security of tenure works.
Ontario's N11 is a mutual, voluntary agreement between landlord and tenant to end a tenancy. Per the Landlord and Tenant Board (LTB), both must sign freely, neither can be forced, and an N11 signed at the same time as the lease is void. Here are the rules, the difference from an N12, and what each side should watch for.
Toronto hosts 6 World Cup matches (June 12–July 2, 2026) and short-term rental demand is surging. But STR must be your principal residence, registration costs $390, entire-home rentals cap at 180 nights/year, and you collect 8.5% MAT. Here's the line for hosts and tenants.
Ontario's 2026 rent increase guideline is 2.1%. Learn how landlords must use N1 or N2 notices, the 90-day rule, 12-month rule, post-Nov 2018 exemptions, and above-guideline (AGI) applications.
Renting a house in Ontario? A complete move-in inspection checklist: standard lease, condition documentation, utility transfers, deposit rules (no damage deposits!), smoke and CO alarms. By Arthur Zhao.
In 2026 the GTA average price is around $1.05M, the average one-bedroom rent about $2,246/month, and the policy rate 2.25%. Here's a rational rent-vs-buy framework — no fear-selling, just the math.
You must be logged in to post a comment.