The Waverley by Fitzrovia

Fitzrovia Real Estate Inc. is a Toronto-based developer focused on building and operating purpose-built rental communities across the city. The company designs, develops, and manages its buildings with an emphasis on amenity-rich, professionally managed rental living. The Waverley reflects that focus, delivering new rental housing in a prime downtown location.

Leasing a suite in a new purpose-built rental building like The Waverley is different from buying pre-construction. You choose from available suites in a completed, professionally managed building, submit a rental application, and — if approved — sign a lease directly with the building's management.

In Ontario, most residential tenancies use the province's standard lease form, and the Residential Tenancies Act sets out the rights and responsibilities of both renters and landlords. Applications typically ask for identification, proof of income, and references. Ask the leasing team what's included with your rent, such as utilities, parking, or amenity access, since this varies by building and suite.

Lease terms are commonly one year to start, after which most tenancies continue month to month. Confirm suite availability, move-in dates, and any specific policies with the building's leasing team before signing.