Lease your condo on MLS® yourself, from $69.99

What leasing your condo costs: agent vs flat fee

Enter the monthly rent and the lease length. Leasing agent: commonly one month's rent for a 12-month lease, plus HST; the agent pays the tenant's agent their share out of it. Flat fee listing: our plan plus what you choose to offer the tenant's agent (half a month's rent is common), plus HST. The tenant's agent is only paid if their client signs your lease.

How to lease your condo on MLS® in 4 steps

1. Choose a plan and pay online. Plans start at $69.99 a month, or $99.99 for 2 months, plus HST.
2. Add the unit's details and photos: the rent, what's included, parking, locker and the building's amenities (the next section lists them).
3. Sign the listing agreement and upload your ID and proof of ownership. We enter the condo on the MLS® System and email you the MLS® number when it's live.
4. Answer tenants and their agents, show the unit, choose your tenant and sign Ontario's Standard Form of Lease. Then tell us it's leased and we update the listing.

What a condo lease listing needs

Tenants filter condo searches by these details, so have them ready before you start. Most are on your status certificate, your purchase papers or the building's website.

• Condo corporation number and registry office, e.g. TSCC 2345 (Toronto Standard) or CCC 456 (Carleton). Enter the number and pick the prefix.
• Suite number and floor, the exposure (which way the windows face) and whether there's a balcony.
• What's included in the rent: heat, water, hydro, parking, locker, internet. Many newer condos have their own hydro meter; say who pays.
• Parking: how many spaces and the type of each (owned, exclusive use, rented), and whether a locker comes with the unit.
• Pets: what the condo's rules allow. A "no pets" clause in a lease is void in Ontario, but the condo's own rules can still restrict pets.
• Building amenities (up to 6, such as gym, concierge, party room or pool), ensuite laundry, and whether it's furnished.
• Photos of the unit and the building: the lobby, gym and view sell condo rentals.

Before you list: read your condo's rules

Your tenant has to follow the Condominium Act and your condo's declaration, by-laws and rules, just as you do, and the Act makes you, the owner, "take all reasonable steps to ensure" they comply (s. 119). If your tenant breaks them, the corporation can take steps against you, your tenant or both (Condo Authority of Ontario, Condo Landlords' Guide). Check these before you write the listing:

• Short-term rentals. Condo rules and your city can restrict or ban them. A 12-month lease is the safe, common choice.
• Pets, smoking and noise, which many condos limit.
• Amenities and the elevator: many buildings require residents to book the elevator for a move and the party room or guest suite ahead of time.
• Insurance: the Acts don't require tenant insurance, but your lease or your condo's rules can. Tell your own insurer the unit is rented.

Within 10 days of signing the lease

The Condominium Act gives you 10 days after you sign (or renew) a lease to:

Tell the corporation the unit is leased, with your tenant's name, your address and a copy of the lease or the Summary of Lease or Renewal form on the Condo Authority's website (s. 83(1)). Give it to the property manager, or mail it to the corporation's address for service.

Give your tenant a copy of the declaration, by-laws and rules. Along with the keys and fobs, give them their copy of the signed lease (within 21 days) and the Landlord and Tenant Board's *Information for New Tenants* brochure.

When the lease ends and isn't renewed, tell the corporation in writing within 10 days (s. 83(2)).

Fobs, move-in and deposits

• Key and fob deposit: allowed only if it's refundable and no more than what it costs to replace them. Return it when the keys and fobs come back.
• Rent deposit: up to one month's rent, used only for the last month. Ontario doesn't allow a damage deposit.
• Move-in booking: book the elevator and loading area through management if your building requires it, and register your tenant's car and pet if the rules ask.
• Buzzer, mail and utilities: add your tenant to the intercom and the building's email list, and set up any utilities they pay.

Condo fees and rent increases while it's rented

You keep paying the common expenses. If you fall behind, the corporation can tell your tenant in writing to pay it the rent instead, up to what you owe (s. 87).

You can raise the rent once every 12 months with 90 days' written notice. If any part of the building was first lived in on or before November 15, 2018, the raise is capped at Ontario's guideline: 2.1% in 2026 and 1.9% in 2027. A building first lived in after that date is exempt from the cap, but the 12-month and 90-day rules still apply. Between tenants you set the rent yourself.

Showing a condo you've listed yourself

Tenants' agents book through you: each showing request from the MLS® System comes straight to you to accept or suggest another time. Tell the concierge or security who's coming if your building asks, and check with management before using a lockbox, since many condos don't allow them on the common elements. If your current tenant is still living there, you can show the unit once the tenancy is ending (notice given or an agreement to end it), between 8 a.m. and 8 p.m., after letting them know or making a reasonable effort to (Residential Tenancies Act, s. 26(3)).

For screening applicants and choosing a tenant, see how to rent out your house in Ontario; for the listing steps that apply to every rental, list a rental property on MLS®.

Leasing your condo: questions

What's included

• Your condo on the MLS® System through PropTx, which feeds 14 Ontario boards, including Toronto (TRREB), Ottawa, London, Niagara and Oakville-Milton
• Your condo on realtor.ca, in its rentals search, sent there from the MLS® System
• Typically picked up by MLS®-fed sites that show condo leases, such as HouseSigma, Zolo, Condos.ca and Property.ca
• Up to 40 photos, including the building's amenities, plus your description and the monthly rent
• Showing requests from tenants' agents sent straight to you to confirm, and realtor.ca inquiries forwarded to you
• Rent, photo and detail changes while you're listed, plus the leased update when you've found your tenant

Flat fee MLS® prices

Plus 13% HST on Ontario listings; no tax on Alberta listings. The monthly plan can be cancelled any time.

Own more than one condo? Pay once for the next tenants

A condo comes back to the market every time a tenant moves out. Buy listing credits in My Account after your first listing: 2 credits save 10%, 3 save 25%. Credits never expire, keep today's price and work on any property, for rent or for sale.

Plus 13% HST on Ontario listings. Codes like FREEUPGRADE don't apply to bundles. Already listed with us? Buy credits in My Account.

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