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Lease Renewal vs Month-to-Month in Ontario: Pros and Cons for Landlords

By D&D Property Management Team March 15, 2026 4 min read Blog

The Ontario Landlord Landscape

Ontario's rental market is one of the most regulated in Canada. The Residential Tenancies Act, the Landlord and Tenant Board, and annual rent increase guidelines create a complex environment that rewards landlords who stay informed and penalizes those who don't. Professional property management exists to navigate this complexity on your behalf.

At D&D Property Management, we manage properties across Kitchener, Waterloo, Cambridge, Guelph, and the surrounding region. Every piece of guidance in this post is grounded in real Ontario rental law and day-to-day property management experience — not generic advice from another province.

What This Means for Your Investment

Ontario landlords who manage their own properties spend an average of 8-12 hours per month per unit on administrative tasks alone — not counting maintenance coordination, which can spike significantly during turnover or after a harsh winter. For investors with 2+ units, the case for professional management becomes clear quickly when you value your own time.

The cost of a professional property manager in Ontario typically runs 8-12% of monthly rent. For a $2,000/month unit, that's $160-$240/month — often less than the cost of a single eviction proceeding handled incorrectly, or a month of vacancy from poor tenant selection.

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Ontario-Specific Considerations

For tenancies covered by Ontario’s RTA, rent deposits are reserved for the last rental period and cannot pay for damage. Refundable key deposits have a separate, limited exception under the regulations. Entry rules, termination notices and compensation claims each have their own requirements. The LTB’s RTA guide explains these distinctions.

For a tenancy covered by the RTA, a termination notice is not an eviction order. Notice periods depend on the reason and the applicable form; there is no universal additional 60-day notice period after an LTB eviction order. If the tenant remains, only the Court Enforcement Office (Sheriff) can enforce the order, subject to its terms and any stay. Read the LTB guide to ending a tenancy.

Frequently Asked Questions

What does D&D Property Management charge to manage my property?

Our management fee depends on the number of units and property type. Contact us for a free management assessment — we'll provide a clear quote with no hidden fees.

Do you manage properties across the Waterloo Region?

Yes. We manage properties in Kitchener, Waterloo, Cambridge, Guelph, Elmira, and surrounding communities. Contact us to confirm coverage for your specific location.

How do you handle maintenance requests from tenants?

Tenants submit requests through our system. We triage urgency, dispatch from our vetted vendor network, coordinate access, and keep you informed. Emergency repairs are handled 24/7.

Can I still access my own property?

Absolutely. You own it. We coordinate access for inspections and work, ensuring proper notice is given to tenants as required under the RTA. You're always informed and in control.

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Frequently Asked Questions

What does D&D Property Management charge to manage my property?

Our management fee depends on the number of units and property type. Contact us for a free management assessment — we'll provide a clear quote with no hidden fees.

Do you manage properties across the Waterloo Region?

Yes. We manage properties in Kitchener, Waterloo, Cambridge, Guelph, Elmira, and surrounding communities. Contact us to confirm coverage for your specific location.

How do you handle maintenance requests from tenants?

Tenants submit requests through our system. We triage urgency, dispatch from our vetted vendor network, coordinate access, and keep you informed. Emergency repairs are handled 24/7.

Can I still access my own property?

Absolutely. You own it. We coordinate access for inspections and work, ensuring proper notice is given to tenants as required under the RTA. You're always informed and in control.

Key Takeaways

  • By Devon Moore, Operations Lead Ontario's rental market is one of the most regulated in Canada.
  • Ontario landlords who manage their own properties spend an average of 8-12 hours per month per unit on administrative ta...
  • Many landlord guides are written for a US or general Canadian audience.
  • What does D&D Property Management charge to manage my property?...
  • D&D Property Management serves Kitchener, Waterloo, Cambridge, Guelph and surrounding areas
  • Get a free no-obligation quote — call or book online anytime

Sources & References

D&D Property Management
Devon Moore, Operations Lead Co-Founder & Operations Lead — D&D Property Management

Devon Moore is the co-founder and Operations Lead at D&D Property Management, managing rental properties across Kitchener-Waterloo, Cambridge, Guelph and Waterloo Region.

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