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2 of 189 guides

Showing Ontario, for landlords matching “last month's rent”, newest first.

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  • Rights & Legal
    ONArticle

    Can You Ask for First and Last Month's Rent in Ontario?

    Yes — and almost everything attached to that yes is where landlords get into trouble and tenants overpay. First month's rent is just rent; last month's is Ontario's only legal deposit, capped at one rental period, earning interest every year at that year's guideline rate. Damage, security, cleaning, and pet deposits ar

    12 min read
  • Rent & Payments
    ONArticle

    The Last Month's Rent Deposit Rules in Ontario: A Landlord's Guide

    The last month's rent deposit is the most common — and most misunderstood — deposit in Ontario. It can only be used for the last month's rent, never for damage, and you owe your tenant interest on it every year. This guide shows landlords exactly what you can collect, how the annual interest and top-up work, and why al

    12 min read