Find your building
A purpose-built rental is owned and run by one company for the long term. Nobody can sell your unit out from under you or move a family member in. Repairs are handled on site, prices are published, and the pool, gym and lounges are there for the people who live there.
New at Elm-Ledbury & Sloane: up to 3 months free rent + up to 12 months free parking, depending on lease length. Plus a $500 credit if you apply by October 26.
Want a pool, a gym you’ll actually use, or a bowling alley downstairs? Pick one and see which buildings have it. Tap a photo to open that building.
A purpose-built rental is a whole building owned and run by one company, built to be rented long term. A condo rental is one unit owned by an individual investor. Here’s what that changes for you.
A professional company with an on-site leasing and management team.
One owner, sometimes with a property manager in between.
A company can’t end your lease to move in. In Ontario, only an individual landlord can give that notice (Form N12).
The owner can end your tenancy if they or a family member move in, or if a buyer of the unit will.
An on-site maintenance team and one place to report problems.
You contact the owner, who then has to arrange the repair.
Published prices plus incentives like free months and free parking.
Often several applicants for one unit, offers over asking, and the owner picks.
The same finishes and standards in every suite.
Depends on how each owner has kept the unit.
Designed for residents: pools, co-working, kids zones, pet spas, resident events.
Shared with owners and run under condo board rules.
Rent increase rules depend on when a unit was first lived in, for purpose-built rentals and condos alike. I’ll tell you how they apply to each building before you sign.
Choose your buildings ↑
15+ years helping people find homes in Toronto. I work with these buildings every week, so I know which suites are open and which incentives are real.
416-451-4099 · tsechogyal@gmail.com
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