FastLease·Learn

What extra rules apply when you lease out a condo in Toronto?

Leasing a condo layers the corporation's declaration, by-laws, and rules on top of the Residential Tenancies Act — and the Condominium Act gives you 10 days to notify the corporation and hand the tenant those rules. Here's the condo-specific layer most first-time landlords miss: the addendum, parking and locker terms, and the board requirements that govern move-in.

By Sasha Bastani, Broker·6 min read·Updated June 30, 2026

Leasing a condo is a residential tenancy plus a second rulebook. On top of the Residential Tenancies Act that governs every Ontario lease, a condo unit carries the corporation's declaration, by-laws, and rules — and the tenant is bound by them as if they were the owner. Under section 119 of the Condominium Act, 1998, owners, occupiers, and tenants all have to comply with the Act, the declaration, the by-laws, and the rules.

That second layer is where first-time and accidental condo landlords get caught out. The lease itself is the familiar part; the condo overlay — notifying the corporation, attaching the rules, sorting parking and locker, and meeting the board's move-in requirements — is the part a generic residential broker often skips.

You have 10 days to notify the corporation

Section 83 of the Condominium Act requires a unit owner who leases (or renews a lease) to notify the condominium corporation within 10 days. The notice gives the corporation the tenant's name and the owner's address, plus either a copy of the lease or the prescribed lease-summary form. If the lease ends and isn't renewed, the owner has 10 days to tell the corporation that too.

The same section requires the owner to give the tenant a copy of the declaration, by-laws, and rules. This isn't a formality — it's what makes the rules enforceable against the tenant, and skipping it leaves the owner exposed when a rule is broken.

The condo addendum to the lease

The cleanest way to bind a tenant to the corporation's rules is to attach them to the lease as an addendum (often Schedule A, referenced from section 15 of the Ontario Standard Lease). The addendum incorporates the declaration, by-laws, and rules by reference and confirms the tenant has received and agreed to them.

Common rule sets worth surfacing explicitly: noise and quiet hours, balcony and barbecue restrictions, pet rules at the corporation level, garbage and recycling procedures, and any restriction on smoking. Putting them in front of the tenant before signing prevents the avoidable mid-tenancy conflict.

Parking and locker belong in the lease

Parking and locker units are handled differently building to building — sometimes separately deeded, sometimes exclusive-use common elements assigned to the unit. Whichever applies, the lease should state plainly whether the tenant gets the parking spot and locker, identify them by number, and note any fob or remote provided (with a refundable key deposit limited to replacement cost).

Leaving parking ambiguous is a frequent source of disputes. If the unit comes with a spot and the tenant assumed it did but the lease is silent, that gap surfaces on move-in day — the worst possible time.

Board requirements that govern move-in

Most Toronto corporations control how move-ins happen: booking the service elevator for a time window, a move-in deposit or fee paid to the corporation, certificate-of-insurance requirements, and limits on hours. A tenant who arrives with a moving truck and no elevator booking will be turned away by the concierge.

Many corporations also restrict short-term rentals — minimum lease terms (commonly six months or a year) and outright bans on Airbnb-style stays. If your plan was a furnished short-term let, confirm the declaration and rules allow it before you list; a growing number do not.

The owner stays responsible to the corporation

Even with a tenant in place, the owner remains the corporation's point of accountability for the unit. If a tenant breaches a rule, the corporation enforces against the owner, who in turn relies on the lease and addendum to hold the tenant to the rules. That chain only works if the rules were properly incorporated and delivered in the first place.

This is why the condo overlay is worth getting right at signing rather than after a problem. FastLease prepares the Ontario Standard Lease with the condo addendum attached and the rules delivered, and handles the section 83 notification as part of the engagement — so the second rulebook is closed before the tenant moves in.

FAQ

Do I have to tell the condo corporation that I'm renting out my unit?

Yes. Section 83 of the Condominium Act, 1998 requires you to notify the corporation within 10 days of leasing or renewing, giving the tenant's name, your address, and a copy of the lease or the prescribed summary. You must also give the tenant a copy of the declaration, by-laws, and rules, and notify the corporation within 10 days if the lease ends.

Is my tenant bound by the condo's rules?

Yes. Under section 119 of the Condominium Act, occupiers and tenants must comply with the Act, the declaration, the by-laws, and the rules, the same as an owner. The practical step is to incorporate those rules into the lease as an addendum and deliver them before signing, which is what makes them enforceable.

Can I rent my Toronto condo out short-term on Airbnb?

Often no. Many Toronto condo corporations restrict or ban short-term rentals through minimum lease terms (commonly six months or a year) in their declaration or rules, and the City of Toronto also licenses short-term rentals separately. Check your corporation's governing documents before planning a furnished short-term let.

Does the parking spot and locker automatically come with the lease?

Not automatically — it depends on how they're held (separately deeded or exclusive-use common element) and what the lease says. Always state in the lease whether the tenant gets the parking and locker, identify them by number, and record any fob or remote with a refundable key deposit limited to replacement cost.

Does FastLease handle the condo-specific paperwork?

Yes. Every FastLease engagement prepares the Ontario Standard Lease with the condo addendum attached, delivers the declaration, by-laws, and rules to the tenant, and handles the section 83 notification to the corporation — so the condo overlay is complete before move-in.

Turn the answer into a deadline

Get a 21-day tenant-placement plan for your condo, with real comparables.