Types of rental units
Renters in Ontario can choose from many different types of rental units:
Apartment (suite, flat) - Includes 1 bedroom or more, a kitchen, a bathroom and a living room. A "bachelor" apartment or "studio" is 1 room with a kitchen area and a bathroom. A "junior" 1-bedroom apartment has 1 small bedroom that opens to another room.
Apartments may be in a building or a house. Apartment buildings are high rise (6-30 storey with an elevator) or low rise (fewer than 6 storey with no elevator). Apartments are owned by a landlord and are rented to tenants.
Condominium (condo) - A type of home ownership where you buy a unit in an apartment building or townhouse complex, but do not own the land. Each condominium owner pays their own mortgage, taxes, utilities and a monthly fee towards property maintenance. Sometimes, you can rent condos from the owner.
Duplex - A house that is divided into 2 separate apartments, one on top of another. The owner of a duplex may live in one apartment and rent the other or rent both apartments to tenants.
Detached house - A single house that is owned by 1 or more persons. Owners may rent out rooms or the whole house.
Semi-detached house - A single house that is joined to another house with a common wall. The houses are beside each other and attached.
Townhouse - A small house that is joined to a row of other small houses. Townhouses can be bought or rented.
Room - A room in an apartment or house that is rented out. If the tenant shares the kitchen, bathroom and living room with other tenants, this type of housing is called "shared accommodation." "Room and board" means that meals are included.
Who's Who
When you rent any of these types of housing, you are a tenant. The owner of the rental unit is the landlord. A landlord may be an individual or a company. In large buildings, the landlord often hires a superintendent (sometimes called a "super") to rent out the units and take care of the building.
What is a lease?
A lease is a contract between a tenant and a landlord for renting property. It outlines the responsibilities of the tenant and the landlord, any restrictions on the use of the rented property and the rental price. Leases are usually for a period of 1 year.
You can also rent property month-to-month without a written lease agreement. Landlords prefer that tenants sign a lease rather than rent month-to-month. However, renting month-to-month can be more flexible because you will not be bound to a lease agreement. If you rent month-to-month, you must give your landlord 60 days notice before you move out.
You and your landlord must obey the Residential Tenancies Act whether you rent month-to-month or have signed a lease agreement.