r/OntarioLandlord

Would you rent to this applicant? No current job, but has investments and rental property income.

Hi everyone, looking for some opinions from Ontario landlords.

I have a prospective tenant for my condo. Monthly rent is $2,300.

His situation:

  • Single dad with a 12-year-old son
  • Currently no employment income
  • About $5,000 in bank savings
  • About $80,000 in stocks/investments
  • Owns a property in Ottawa
  • That property is rented for approximately $2,700/month
  • He still has mortgage, property tax, insurance and other expenses on that property
  • Credit appears to 790
  • He would be renting my condo for himself and his son

My main concern is the monthly cash flow. He has assets, but without employment income, I’m wondering how comfortable I should be relying on rental income and investment assets to cover $2,300/month rent consistently.

For landlords who have dealt with similar applicants:

Would you be comfortable approving this tenant? What additional documentation or safeguards would you want—guarantor, rent guarantee insurance, proof of rental income, investment statements, etc.?

reddit.com
u/Southern-Carpenter20 — 3 days ago

Help. I'm a tenant, and I need to know if I'm being reasonable to ask for rent reduction.

I have live in my current place for 3yr ish. It's an old, old house in South Mississauga, lakeshore and cawthra area. It's a two bedroom house with a bedroom in the basement and basement 3pc bathroom (stand up corner shower). 1200sq ft home. Has a single car garage that's not attached to the house, and really couldn't park a car in it. (Civic can't fit). We mainly rented the house for my partner's daughter to be close to her school and grandparents. It also has a decent fenced in yard which is great as we have dogs.

The trees on the property haven't been taken care of, and we literally have branches falling from them, we've had two get blown down from storm. The deck is rotted, we can't really use it safely. The flooring in the house, like all of it that is laminate is breaking and coming apart as it wasn't laid correctly. The bathroom in the basement had a leak so it had to be redone, when they pulled up the floor, the subfloor framing was mold, rotted and it was unbelievably bad shape. They replaced some pieces of wood, but just painted "killz" mold paint over the other moldy wood. The wall on the opposite side of the shower, you can't go near, cause the floor and subfloor is rotted and you'll break through. The driveway, is impossible to shovel snow cause it's broken and has no level surface anywhere. Two tire paths 4"-6" deeper then the middle of the driveway. The front porch, steps to the entrance door, Uber drivers, delivery people, me, my partner everyone uses, is painted wood, that the paint is peeling off, it's ancient and slippery when wet, and rotting. I have a window that's unusable, cause if I open it, it'll fall apart and not close. Kitchen countertop behind the faucet is rotted through. Shower has a window that the tile and sil is non existent and then cracked. All the silicone around the tub, wasn't silicone, they used DAP. There's soft spots in the floor throughout the house like you'll break through.

I take care of the house, I do the landscaping, empty gutters, plumbing issues, even cut up the fallen trees. When the bathroom leaked, I offered to fix it, he said I could, but he wouldn't pay for materials or my time, cause if get to use it, so I'd benefit. I laughed and told him I'd reach out to the LTB if that was legal. He hired his friend to fix it, and they did work that required a license, ESA inspection and permits, but got none of those things.

I don't want to move, but I'm not going to pay $3660 plus a month anymore to stay there and I want him to reduce the rent to $2900-$3000max.And I'll do the repairs but he has to pay for materials. Am I being unreasonable? I am month to month, I never resigned a lease after the first year..he has increased the rent yearly the max he could, but has zero maintenance, or upkeep and won't address the issues listed plus more. He'll never rent it for that price if I move, plus the lost income of no rent, and he'd have to address the issues for new tenants.

u/ip4realfreely — 3 days ago

Moved in with no signed lease and landlord says no parking. Can I leave early?

I moved into a rental about a month ago. Nothing is signed yet, only verbal and WhatsApp agreements. Before renting, the landlord asked about parking and I said we didn't need it immediately but might by next month. Now that we're planning to buy a car, he says there's no parking and he doesn't remember that conversation.

reddit.com
u/aayush__stha — 3 days ago

Advice on appliances

Hi! We have a new tenant moving in and they asked if they can bring their own washer and dryer. We’re not really sure what to say. Our rental has new-ish washer/dryer (2021). Any thoughts? If we do let them bring their own, we could use the current ones at our own home since they’re much newer than the ones we have. But also nervous about liability if there was ever a leak or something at the rental. Thoughts?

reddit.com
u/monetblandings — 4 days ago

Hot water issue in Condo

Hello all. We are renting a condo in Toronto which we discovered to have a hot water issue once we moved in.

The hot water in the taps I measured to around 135 F / 57 C. The bigger nuisance is that the moment hot water is turned on slightly the water gets fully hot. It then remains hot for a while even when hot water is turned off. It takes a lot of micro adjustments to get somewhat close to warm water. So we've essentially been using only cold water when washing our hands/face, because otherwise it's too hot.

Landlord sent over a plumber who agreed the water was too hot but said it's a building issue since it is present across all taps in the house. The condo building said it seems to be a faulty mixing valve which they've ordered, but it's now been 2 months and they are saying parts are delayed due to tariffs. They also keep highlighting that we are the only unit complaining of this issue.

Is there anything we can do here? I contacted 311 and was assigned an area officer but they have not responded to us in over a month despite follow up emails. Do I go to LTB? Not sure what my options are.

have lived in another unit in this same building for 2 years and never had this problem.

Thanks.

reddit.com
u/icecream_bob — 3 days ago

How to go about ending lease early?

Hey guys, looking for some help regarding the specifics/jargon for my situation.

I moved into a new place (Subdivision) in April on a 1 yr lease, and I was wondering if it was possible to get the lease ended before a year. I’ve been able to before just talk to the LL and be able discuss a reasonable time (ex. during covid i was 6 months into a 1 yr lease and got laid off, so I asked the LL if in could move out in 2 months to avoid not being able to pay rent). This time Im going through a rental agency, with no distinct person I can talk to.

My reasons for moving arent that serious as others so I wont be cheesed if its not too possible for me to move out early.

I live on the 3rd floor and my 2nd floor neighbours apartment just smells awful and it permeates up to my floor. The smell of dog feces and urine is heavy in the air. They’ve also got a full family with small kids who are awake sometimes till 4 am screaming and banging around, and I work a job where I need to be awake for 4am, so I’ve had very little sleep since moving in. I tried to ask the kids to quiet down when they were out on the balcony and got told to “shut up old head” lmao. Talked to the mother and said she cant do much to control them.

Im just kind of tired all the time now and it makes it hard to have the energy to deal with all the wasps and mice that end up in my apartment too.

Not the worst, but If possible i would like to find better :,)

(And no I didnt notice any of this when I first moved in. Especially the smell. But now I know to find out abt neighbours when deciding on a place :P.)

reddit.com
u/gaegu_li — 4 days ago

Is this too extreme to send to a old landlord who has just threatened to send me to collections? Am I in the wrong?

They refuse to acknowledge that they have to file with the LTB. They have been contacting me weekly for a month, all over a $200 cleaning bill on move out. I don't care about $200 but it's more the principal. Also I'm no longer a renter so I don't care about a reference. It's a big company based in Calgary so I don't know if that makes a difference. I don't want to ruin my credit so hopefully I'm not bluffing.

**Edit: I should have included this in the post. This is after a month of them trying to chase me down for $200! I sent another similar message 2 weeks ago but they have been calling me daily since. ( They are a $3.3 billion dollar company btw, and it's not even a particularly nice apartment). All they responded to this was giving me methods of payments and saying that it's going to be sent to collections on October 15th:

"Hello,

​Please accept this email as my final position on this matter.

Under Section 33 of the Ontario Residential Tenancies Act, tenants are not responsible for arbitrary move-out fees or routine turnover charges imposed after tenancy. I do not agree to or authorize any additional charges.

Should you believe you have a lawful claim, you are welcome to file with the Landlord and Tenant Board, where I will present my defense. This bill is not legally collectable without a LTB order, and we both know that.

​Furthermore, please cease all phone calls regarding this matter. All future communications regarding this tenancy must be conducted exclusively in writing via email.

​Regards,"

u/New_Project2103 — 12 days ago

Tenant lost job and need time

Hi everyone, I’m a landlord in Ontario and looking for some advice on how to handle a situation with my tenant.

My tenant has been living in the property for over 2 years and has always been a good tenant, consistently paying rent on time. This month, she has told me that she has lost her job and needs some additional time to pay the rent.
I understand her situation and am willing to work with her, but I also want to make sure I handle everything properly under Ontario’s Landlord and Tenant Board (LTB) rules.

My questions are:

If I agree to give her additional time, should I put the agreed payment date in writing?

Should I serve an N4 Notice even if I am willing to give her additional time?

If I don’t serve an N4 and she pays later, does that affect my rights as a landlord if she has difficulty paying again in the future?

Is there anything specific I should avoid saying in writing that could be interpreted as waiving the rent or changing the rental agreement?

For landlords who have dealt with a similar situation, how did you handle it while being fair to the tenant but also protecting yourself?

I’m not looking to evict the tenant at this point. I would prefer to work with her given her good payment history, but I want to make sure I document the arrangement properly and understand my options under Ontario’s LTB rules.

TL;DR: Ontario landlord here. Tenant of 2+ years with a good payment history lost her job and needs extra time for this month’s rent. I’m willing to work with her. Should I put an agreed payment date in writing, and do I need to serve an N4 to protect myself under Ontario LTB rules?

Thanks.

Edit 1:

Thank you everyone for your insight and suggestions. I appreciate it.

reddit.com
u/MindTheGAAP_ — 13 days ago

Prepaid Rent and Notice Period

Hi Reddit people, my first time creating an account and ask questions as we need some clarity about our situation and what we can do.

We’ve been living in a basement unit where the LL lives upstairs. When entering the lease, we paid 4 months in rent deposits covering first 2 and last 2. Our lease run from Nov 15, 2025 to Nov 14, 2026. Meaning we have already prepaid rent for Nov and Dec 2025, as well as Sep and Oct 2026. It was clearly stated in the OREA lease agreement. Rent is due on the 15th of every month.

For context LL did not remember this, and messaged us on Sep 15, 2026 asking for rent, which we reminded her that it was covered in our 4 months deposit. LL then accepted this and did not push.

Due to work distance and health reasons we have been looking for other places to rent, and finally got a place to move in on November 1, 2026. We originally provided the LL an N11 asking for mutual termination date of November 14 i.e the current lease end date. The LL refused this.
We then understood that our notice was 48 days and not a full 60 days, so on Sep 30, we served an N9, asking for termination date of November 30, offering 2 weeks prorated rent. This got refused as well as it is not “end of the rental period”. LL said the only proper date is December 14 - since that is the end of the “next rental period”. We did not want to fight and just want to leave, so we signed another N9 saying December 14. This was then accepted, however LL wants me to pay rent on October 15, with my last month deposit pushed to Nov 15 to cover till Dec 14. However as I mentioned above, we have already prepaid October’s rent, AND the LL accepted that the September’s rent was already prepaid. The only reason why we cooperated till Dec 14 and offered an extra month rent was because LL refused to accept either November 14 and November 30 termination date.

We have then emailed LL saying we do not agree with this accounting and will pay the extra month of rent on Nov 15, not Oct 15. From what we understand, a 1-year lease auto-converts into a month to month, so if we already prepaid rent for the 1-year lease term, we should only pay the next period rent (i.e Nov 15-Dec 14) on the day it’s due, not before. Again we were forced to do this in order to leave peacefully. We have not received an email response to that.

Also for further context, proper notice was not something we ever received from this LL, since LL always claimed “emergency” to get access to our unit for random stuff (like checking HVAC, turning off water, etc.). We have overlooked and did not complain. Now here we are, even with us offering an extra month of rent (and we’re moving out November 1 which means the LL has ample time to find another tenant), the LL wants the extra rent a whole month early.

Questions:
- Can the LL do this? We’re thinking we’re not going to pay the extra rent on Oct 15 (or not paying it at all) and the LL can take us to LTB court which we have the evidence of all improper notice/unlawful entries from the LL. If LTB requires us to pay we will then pay. At this point we felt like our kindness was exploited so we’re not going to pay unless LTB ordered us to, sincr we have already prepaid rent till the end of tenancy which is Nov 14.
- Is this the right approach? We’re really afraid of retaliatory actions from the LL, as since the day we deliver the N11, LL has already taken away some access (LL calls it Privileges) granted for us before, like key fob to access parking via garage, like internet services (as these were not spelled out in the lease agreement). We have always paid rent on time (as mentioned above we even prepaid 4 months as well), kept the place clean, and lived peacefully.

Would really appreciate if Landlords/Tenants on here can provide insights/advice.

Thank you!

reddit.com
u/CantaloupeFalse8326 — 12 days ago

Landlord Increased Rent With No Notice... I Think

2700 rent to 2756. Because of the way many rents are set up now my account autopays, so it has been coming out since June.

Because we're charged for AC (50 a month in the 4 summer months) and because I didn't get any rent notice I assumed it was AC related

But in September I got charged 2906, which I assume is AC unit payment. And in October I'm still being charged 2756

I'm guessing I should send an email my landlord's way for clarification - they're just extremely slow to respond about anything. We had to wait 3-4 months for a washer replacement.

To give a rough idea of the place, the building has had some really unprofessional incidents and is sometimes actively hostile or antagonistic to its tenants in increasingly bizarre ways. It's an old building and in my 30s I am one of its youngest tenants, as most of the people who live here are seniors. I believe they can get away with a lot of bad behaviour + neglect because most of the people here are so old they struggle with how to send an e-mail / don't even own a computer. After all, even if you can do these things you have to be very aggressive to get any sort of response.

Unrelated to rent, I don't know if there's anything I can do about the generally antagonistic conduct of management.

reddit.com
u/letterbook — 13 days ago