Intriguing Lease Takeover Offer - What's the Catch?

Posted by TorontoRenter24 • February 13, 2026 • 8 comments

I received a cash offer to take over someone's lease in Toronto, but now I'm wondering why they'd pay me to assume it. Is this standard practice, or does it feel like a red flag? Plus, the landlord's requirement for renters insurance makes me skeptical about hidden costs. Any insights?