Commercial Lease Agreement Ontario Template – Canada

Disclaimer

The information provided herein is intended solely as a general example for a lease agreement pertaining to commercial properties in Ontario, Canada. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney experienced in real estate or contractual law within the jurisdiction. Laws and regulations may vary depending on local laws, and adjustments may be required to ensure compliance. The use of this example is solely at the user’s risk, and no liability is assumed for any errors, omissions, or consequences resulting from its use without professional legal review.

Please be advised: This is a sample Commercial Lease Agreement template for illustrative purposes only. Actual terms may vary based on specific negotiations and applicable laws of Ontario, CA.

Commercial Lease Agreement Sample – Ontario, CA

Parties Involved:

Landlord: XYZ Properties Ltd.
Address: 123 Maple Avenue, Toronto, ON M5H 2N2

Tenant: ABC Business Inc.
Address: 456 King Street, Toronto, ON M5V 1H3

Premises Description:

The leased premises are located at 789 Queen Street West, Toronto, ON M6J 1H2, comprising approximately 2,000 square feet of commercial space, as further detailed in Schedule A.

Lease Terms:

The lease shall commence on ____________________ and shall continue for a period of __ months/years, ending on ____________________, unless terminated earlier in accordance with this agreement.

Rent:

The Tenant shall pay a monthly rent of $_____________ payable in advance on the first day of each month. Rent adjustments and any applicable taxes shall be as specified herein.

Landlord Responsibilities:

The Landlord agrees to maintain the structural integrity of the premises and ensure all essential services are operational throughout the lease term.

Tenant Responsibilities:

The Tenant agrees to keep the premises in good condition and comply with all applicable laws and regulations, including any signage or modifications as approved in writing by the Landlord.

Governing Law:

This agreement shall be governed by the laws of Ontario, CA. Any disputes arising shall be resolved within the courts of Toronto, Ontario.

Additional Provisions:

• The Tenant shall obtain and maintain all necessary permits and insurance required under applicable law.
• Any alterations or improvements to the premises must be approved in writing by the Landlord prior to commencement.
• This agreement may only be amended through a written document signed by both parties.

Toronto, ______________________