How to Rent an Apartment in Canada
Renting an apartment in CAPREIT Canada can seem intimidating to newcomers. There are many factors to consider including understanding rental agreements, navigating the landlord/tenant relationship and finding a suitable home. This blog is intended to serve as a compass, helping guide renters through the intricacies of renting a house or apartment in Canada.
First and foremost, prospective renters should set a monthly rental budget. Rental prices vary between provinces and even within cities, so it is important to research the rental market before making a commitment. The best way to do this is by browsing online listings, visiting the city and neighborhood in which you would like to live, and contacting landlords directly.
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Typically, landlords and property management companies require proof of income/employment and a credit report or bank statement from tenants. In addition, newcomers to the country might need a local guarantor/co-signer to secure a short-term lease until they have established a sufficient Canadian credit history.
There are several websites that help renters find apartments to rent in Canada. One of the most popular is PadMapper, which is easy to navigate and offers a variety of built-in search features. Another option is RentMapper, which also allows renters to browse with ease thanks to a map view and numerous filters.