Royal York Property Management – Property Rental and Leasing Company – Guaranteed Rental Income

info@royalyorkpm.com

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Royal York Property Management – Property Rental and Leasing Company – Guaranteed Rental Income

Submit

Tenants

Even with our rigorous tenant screening, there is a small chance that a tenant can become problematic – that is why Royal York offers a unique full rental guarantee.

Our guarantee goes above and beyond because we understand that your comfort, security and peace of mind are the key to owning a successful rental income property.

1.

APPLICATION

Each tenant is required to complete an application. If someone will be co-signing the lease with you but not residing in the property, they must also fill out an application.

2.

RESERVATION FEE

Once you sign the application, you can submit a reservation fee of $750.00 to secure the property. This can be applied towards your last month’s rent. If your offer is declined, the reservation fee will be refunded in full.

3.

DOCUMENTS

All documents must be uploaded to the Royal York Document Portal within 3 days of your approval. Please ensure that each document is clear, easy to read, and submitted in PDF format, and that it is attached to the lease name that has been assigned to you.

Portal System For Tenants

Secure and efficient. Here to help you in

20 + languages.

Access your portal to view your rental payment history.

Required Documents

Government Issued ID

Must display legal name, date of birth, and signature. Can be any of:

Canadian Passport
Foreign Passport
Canadian Citizenship Card with photo
Canadian Permanent Resident Card with signature
Record of Landing (IMM 1000)
Confirmation of Permanent Resident (IMM 5292) accompanied by a valid passport from country of origin
Report Pursuant to the Immigration and Refugee Protection Act (IMM 1442) with photo
Student Authorization/Study Permit (IMM 1442)
Employment Authorization/Work Permit (IMM 1442)
Visitor Record (IMM 1442)
Temporary Resident’s Permit (IMM 1442) (formerly Minister’s Permit/Extension of Minister’s Permit)
Secure Certificate of Indian Status Card (issued on or after Decembe 15, 2009, by Indian & Northern Affairs Canada

2nd Piece of Government ID

Social Insurance Number is not required, you may submit an alternative piece of ID (you can find the list under “Government Issued ID”

SIN Card

Credit Report with Credit Score ''Must be directly from TransUnion or Equifax''

Employment Letter issued in the past 30 days

3 Most Recent Pay Stubs

Last 3 Months' Bank Statements (Last 90 days of transactions)

We will require to see the last 90 days of transactions, bank statements will need to be personal to each tenant. The net income declared must be visible in the bank records and must be received consistently in the past 90 days (you can explain your situation in the rental application if it is an unusual scenario).

Bank Statements