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Updated 14 days ago, 12/10/2024

User Stats

75
Posts
36
Votes
Joel Arndt
  • Hamilton, On
36
Votes |
75
Posts

Master Lease Agreements in Ontario

Joel Arndt
  • Hamilton, On
Posted
I'm interested in structuring Master lease deals in Ontario. Are there any lawyers in the Greater Toronto and Hamilton area that are familiar with Master lease agreements? My intent is to become the tenant and then sublet the property to other tenants. I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price. This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.

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