10yr+ lease takeover opportunity in oshawa
10yr+ Lease takeover opportunity
Bond St E, Oshawa, L1G 1A9
May, 14, 2024
added 13 days ago
$900
Some utilities included
| Main Features |
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| Apartment2 bedrooms148 Sqft1 baths Pet Friendly Smoking Friendly Furnished month-to-month lease |
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| Utilities Included |
| Water Included Heat Included |
| Other Features |
| Den Included Has Fridge |
| Description |
| Had a baby and moving to start proper family. This is a great opportunity for someone to gain actual affordable housing due to how the lease is set up. I need moving money so I've decided to let a lucky individual take over this lease by buying me out. I've held this apartment for well over 10 years now. Rent can only be raised by 2% a year, lease allows me to rent out rooms to roommates. Roommates do not get added to lease. If roommate is added to lease roommate can take over. ** No funny business, this is not a scam or trick, lawyer has looked over lease and lease can be taken over this way so that new holder will remain grandfathered under laws and clauses, rent cannot be raised and eviction of lease holder would require LTB hearings...** ** Payment and lease signing will take place at lawyers office, lawyer will answer and Currently one roommate who is not on lease, month to month. This opens a opportunity for someone to buy onto my current lease, pay me $3,000 and I add your name to lease as roommate and provide you a copy. This lease is grandfathered, old laws for smoking, pets, roommates extra apply. You pay landlord directly $900 towards (Junes) next month's rent. Last month's rent is already paid by me. You can continue renting to roommate or give the roommate notice. Roommate is not protected by Landlord tenant Act. On 15th I move out, I take everything from my room and leave furnishings in rest of apartment, you move in and you are now primary lease holder for 2 bedroom apartment at rental amount of $900 monthly when these apartments are going for upwards of $1500+ monthly. Landlord has my last month's rent. 10+ years ago this is how I gained this apartment. Electric will need be transferred to whomever is taking over lease, water and heat included in rental payments. |