Deposit Return Calculator — Canada

No. Ontario prohibits security or damage deposits. A residential landlord may collect only a rent deposit (applied to the last month of the tenancy) and a refundable key deposit. A landlord who wants to recover the cost of damage must apply to the Landlord and Tenant Board rather than deduct from a deposit.

It varies by province. British Columbia caps the security deposit at half a month's rent (plus a separate pet deposit up to another half month). Alberta caps it at one month's rent. Ontario allows no damage deposit at all — only a last-month-rent deposit.

Deadlines are provincial. British Columbia requires return within 15 days of move-out; Alberta within 10 days (no deductions) or 30 days with an itemized statement. Ontario has no 'return' because the rent deposit is applied to the final month. Interest is generally owed on deposits.

In provinces that allow damage deposits, a landlord may deduct for damage beyond normal wear and tear and for unpaid rent, and must give an itemized statement. Normal wear and tear — faded paint, minor carpet wear — cannot be deducted. Ontario does not permit damage deductions at all.