These calculations are approximate and for information purposes only. Actual payment amounts may differ and will be determined at the time of your application. Please do not rely solely on this information or result when making financial decisions; please visit your BMO branch or speak to a BMO mortgage specialist.
Amortization can only be entered in full years (not months or partial years).
When you enter information in the calculator, it is important to consider the following elements.
Down payment
Minimum down payment of 5% on the portion of the purchase price less than or equal to $500,000
Minimum down payment of 10% on the portion of the purchase price greater than $500,000
Minimum down payment of 20% on purchase price greater than $1,000,000
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Description of the property For rent
New condo in the core of downtown Montreal, two closed bedrooms, open concept kitchen and living room in the middle while two bedrooms at two end of the condo. Possible to get a roommate. The best location for university students, 3 minutes walk to the library and campus, Very clean and cute, super convenient. You can't find better.
-All the renter needs to fill out the 'TENANT APPLICATION FORM'
- Complete credit report with score
- Confirmation of employment or proof of funds to pay the rent
-No Pets
-The LESSEE shall not, and shall not permit anyone to, smoke tobacco, weed or any other substance in any indoor part of the premises, the common areas or the property of which they form a part
-No Airbnb. Airbnb or similar short term sublet will be considered a repudiatory breach of the lease.
-Proof of civil liability insurance ($2M) and confirmation of Hydro-Quebec prior to possession
form, references if needed (at LESSEE's cost) to the satisfaction of Landlord.
-Units must be delivered clean and ready upon occupation and as such they must be returned at the end of the lease. At the end of the lease, the LESSEE shall deliver the Premises and all inclusions to the LESSOR in the same condition as they were in at the beginning of the lease, except for normal wear and tear. Any major damages will be fixed at the LESSEE's expense before leaving the premises.
-The LESSEE is responsible for any damages caused to the Premises. The LESSEE shall be required to immediately remedy any such damages in accordance in a professional and workman like manner.
-LESSEE will also be responsible for paying any fees due to the loss of any keys.
Included: Fridge, stove, dishwasher, washer, dryer, some furniture
Excluded: electricity, internet, tenant insurance Moving in and moving out fees
