Condos for rent on Move Smartly come with a set of checks we run on the building and its history, wherever that data is available. Here are three that matter to a tenant, and that no listing will ever mention.
Right now these checks cover condos in the City of Toronto. 905 condos are coming soon.
The listing says
“Bright one-bedroom, $2,400 a month.”
What it doesn't say
It isn't rent controlled. Year two is up to the landlord.
How we know
Ontario exempts units first occupied after November 15, 2018 from rent control. We check the building's age on every rental, so you know before you sign whether the second year's rent is capped.
The listing says
“A lively, well-travelled community.”
What it doesn't say
Almost half the building is on Airbnb.
How we know
We count the City's short-term rental registrations in every building, so you know who you'll be sharing the elevator with.
The listing says
“Unobstructed south-facing views.”
What it doesn't say
A 40-storey tower is proposed across the street.
How we know
We map every new and proposed development around a building, so you know whether you're renting next to a construction site.
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