Each suite’s fan coil, the unit that delivers your heating and cooling, is provided through a rental program with a national home services provider at $67 per month. That price includes filter changes through the year, a full warranty on the equipment, and all maintenance including emergency service for the entire rental period. Owners who would rather own their equipment outright can buy it upfront, or at any point during the lease, at a price stipulated in advance. Both the rental terms and the buyout price are set out in the purchase agreement and disclosure statement that every buyer reviews with their own lawyer during Ontario’s statutory ten day rescission period. In suite equipment rentals are standard practice in new Ontario condominiums, the vertical version of the hot water tank or furnace rental that comes with most low rise homes in this province.