Real Estate

Switching Hydro Between Landlord and Tenant

  • Last Updated:
  • May 15th, 2021 11:28 am
[OP]
Member
Jul 31, 2018
245 posts
92 upvotes

Switching Hydro Between Landlord and Tenant

I have condo closing soon. Builder needs hydro account to be registered and opened, but I don't have a tenant yet.
Do I call Toronto Hydro to open an account (+fee) under me, then when I find tenant to move in, they have to call to switch the hydro account to their name (+fee)?

What if when the tenant moves out, and I don't find a tenant immediately to replace? Do I have to switch the hydro account back to me, and switch to the new tenant?

It sounds very tedious. Any suggestion not having to complicate this?
2 replies
Deal Addict
Jan 13, 2014
1815 posts
753 upvotes
Calgary
You know the answer. Welcome to the world of being a landlord.
Deal Addict
Jan 9, 2010
2341 posts
1814 upvotes
maxineli wrote: I have condo closing soon. Builder needs hydro account to be registered and opened, but I don't have a tenant yet.
Do I call Toronto Hydro to open an account (+fee) under me, then when I find tenant to move in, they have to call to switch the hydro account to their name (+fee)?

What if when the tenant moves out, and I don't find a tenant immediately to replace? Do I have to switch the hydro account back to me, and switch to the new tenant?

It sounds very tedious. Any suggestion not having to complicate this?
You got it right and yes it's tedious.

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