How to Successfully Lease a Condo Apartment In Toronto.

Are you looking to lease a condo in Toronto?  Quality apartments do not last long, You need to be prepared with the following items to improve your chances being accepted as a tenant.  You should have these ready before even looking at condos.

  • Letter of Employment – You need to get a letter of employment from your employer.  The letter should state how long you have worked there and your current salary.
  • Credit Report. – You will need to have a recent credit report.  You can get it instantly on-line via or via  You want the full report and credit score.
  • Rental Application – You will need to fill in the rental application form.  The rental application is a standard OREA (Ontario Real Estate Association) form.  I can email you a .pdf file that allows you to type on it or I can give you a copy when we meet for the first time for a showing.

After you are accepted as a tenant, you will need to do the following:

  • Provide a certified cheque or bank draft for the first and last month deposit, this has to be done the next business day.
  • Provide a key deposit (not a set amount, each lease will have its own amount)
  • Get a standard tenant insurance package.
  • For your convenience you should also be prepared with 10 postdated cheques for the first year of the lease.

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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