Lease Agreement Template Ontario

ONTARIO RESIDENTIAL TENANCY AGREEMENT

(Standard Form of Lease pursuant to the Residential Tenancies Act, 2006)

DOCUMENT CONTROL

• Effective Date: [Effective Date]
• Version: 2026.1-ONTARIO
• Jurisdiction/Scope: Province of Ontario, Canada
• Governing Legislation: Residential Tenancies Act, 2006, S.O. 2006, c. 17 (RTA)

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1. OFFICIAL NOTICE & DISCLAIMER

LEGAL COMPLIANCE NOTICE: This document is a legally binding contract under the laws of the Province of Ontario. Pursuant to Section 12.1 of the Residential Tenancies Act, 2006, landlords of most private residential rental units are required to use the Ontario Standard Form of Lease. Failure to provide this mandatory form allows the Tenant to withhold rent under specific statutory conditions. Both Parties acknowledge that they have been advised to seek independent legal counsel prior to executing this Agreement.

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2. PARTIES & PREMISES

2.1 The Parties

• Landlord: [Landlord Full Legal Name / Corporation Name], having a principal place of business at [Landlord Street Address, City, ON, Postal Code] ("Landlord").
• Tenant: [Tenant Full Legal Name(s)], currently residing at [Tenant Current Address] ("Tenant").

2.2 The Premises

The Landlord rents to the Tenant the residential unit located at:

• Street Address: [Unit Number, Street Name], [City], Ontario, [Postal Code] ("Premises").
• Parking Spaces: [Number] parking space(s), designated as [Space Identifier / None].
• Storage Facilities: [Locker Number / None].

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3. TERM OF TENANCY

3.1 Fixed Term

• Commencement Date: [DD/MM/YYYY]
• Termination Date: [DD/MM/YYYY]
• Unless terminated in accordance with the RTA, this tenancy shall automatically convert to a month-to-month tenancy upon the expiry of the fixed term pursuant to Section 38 of the RTA.

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4. RENT & FINANCIAL OBLIGATIONS

4.1 Base Rent

• The Tenant shall pay base rent in the amount of CAD $[Amount] per month.
• Rent is due on or before the first (1st) day of each calendar month.

4.2 Payment Mechanics

• Rent shall be paid via [Pre-Authorized Debit / Electronic Funds Transfer / Post-Dated Cheques] directed to the Landlord's designated account at [Financial Institution Name, Transit/Account Number].

4.3 Last Month's Rent (LMR) Deposit

• The Tenant has paid the sum of CAD $[Amount] as a deposit for the last month's rent. This deposit shall be held by the Landlord in trust, applied exclusively to the final month of the tenancy, and shall accrue interest annually pursuant to the RTA.

4.4 Key Deposit

• The Tenant has provided a refundable key deposit of CAD $[Amount] for [Number] sets of keys/fobs. This deposit shall be returned immediately upon termination of the tenancy and surrender of all keys.

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5. UTILITIES & SERVICES

5.1 Responsibility Matrix

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6. COVENANTS & OPERATIONAL RULES

6.1 Maintenance and Repair

• Landlord Obligations: The Landlord shall maintain the Premises in a good state of repair and fit for habitation, complying with all health, safety, housing, and maintenance standards under Ontario law.
• Tenant Obligations: The Tenant shall maintain ordinary cleanliness of the Premises and shall repair damage caused by the willful or negligent conduct of the Tenant, guests, or animals permitted on the property.

6.2 Subletting and Assignment

• The Tenant may not assign the tenancy or sublet the Premises to another person without the prior written consent of the Landlord, which consent shall not be arbitrarily or unreasonably withheld, pursuant to Section 95 of the RTA.

6.3 Rules and Regulations

• The Tenant agrees to comply with the Condominium Bylaws / Building Rules attached hereto as Schedule "A" (if applicable).
• Smoking Policy: Smoking of tobacco, cannabis, or any other substance [is strictly prohibited / is permitted only in designated outdoor areas] within the Premises and interior common elements.
• Pets: [Pets are permitted / Pets are restricted subject to the Condominium Declaration / No pets allowed except by law].

6.4 Entry by Landlord

• The Landlord may enter the Premises without notice only in cases of emergency or if the Tenant consents at the time of entry. In all other cases, the Landlord shall provide written notice stating the reason and time of entry (between 8:00 a.m. and 8:00 p.m.) at least twenty-four (24) hours in advance, pursuant to Section 27 of the RTA.

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7. DEFAULT & TERMINATION

7.1 Breach of Terms

• If the Tenant fails to pay rent when due, commits a material breach of this Agreement, or causes undue interference with the enjoyment of the residential complex, the Landlord may issue the applicable notice of termination (e.g., Form N4, N5, N6, or N7) pursuant to the RTA dispute resolution framework governed by the Landlord and Tenant Board (LTB).

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8. MISCELLANEOUS PROVISIONS

8.1 Entire Agreement

• This Agreement, including any attached schedules, constitutes the entire contract between the Landlord and Tenant regarding the Premises. No oral representations, warranties, or understandings shall bind either party.

8.2 Severability

• If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be severed, and the remaining provisions shall continue in full force and effect.

8.3 Governing Law

• This Agreement shall be construed, interpreted, and governed exclusively by the laws of the Province of Ontario and the federal laws of Canada applicable therein.

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9. SIGNATURES & ACKNOWLEDGMENT BLOCK

IN WITNESS WHEREOF the Parties have executed this Ontario Residential Tenancies Agreement as of the date first written above.

LANDLORD:
Signature: _____________________________________
Printed Name: `[Landlord / Authorized Agent Name]`
Title: `[Director / Property Manager]`
Date: `[DD/MM/YYYY]`

TENANT(S):
Signature: _____________________________________
Printed Name: `[Tenant Full Legal Name]`
Date: `[DD/MM/YYYY]`

Signature: _____________________________________
Printed Name: `[Co-Tenant Full Legal Name, if applicable]`
Date: `[DD/MM/YYYY]`

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10. STEP-BY-STEP EXECUTION GUIDE

1. Review and Populate: Complete all bracketed fields ([...]) with accurate legal names, dates, and financial figures. Ensure compliance with current Ontario Rent Guideline increase caps if applicable.
2. Statutory Disclosure: Ensure the mandatory Ontario Landlord and Tenant Board (LTB) Information Guide is provided to the Tenant alongside or prior to the execution of this lease, as required by the RTA.
3. Execution & Delivery: Execute the agreement in counterparts (wet-ink or via secure electronic signature platforms compliant with the Electronic Commerce Act, 2000). Ensure all executing parties retain a fully signed copy within 21 days of signing.
4. Trust Accounting: Deposit the Last Month's Rent (LMR) funds into a designated segregated rental trust account immediately upon receipt, ensuring compliance with annual interest payout obligations.