Renting A Home

Renting A Home

It stands to reason that if someone is thinking of moving somewhere, the first thing they would like to do is find a place to stay.

In case of international relocation too, people prefer to book their accommodations well before their arrival so that they are not stressed out with frantically looking for a place once they are there already.

Temporary accommodation

If one wants to stay just for a few days, the preferred choices usually are:

  • Hotel
  • Hostel

If the stay is around a month, people usually go for:

  • Apartment
  • Condominium
  • House

However, if one is planning on long-term accommodation, they prefer to rent a place first rather than buying a house outright.
Now, let’s say you are looking to rent a place in Canada. As a newcomer, you would require tips on how to locate the best-suited one for your needs. Here are some pointers you can follow.

1. Self-search versus a realtor

There are many sites that will help you to understand the typical rates charged in different places or towns. On most such sites, you can easily find forums that will connect you directly with the landlords. However, you have to keep in mind that if something seems too good to be true, it is in all probability a scam. Do not pay a penny before you verify the place on your own and all requisite paperwork is in place.
Then there are realtors or real estate agents. You will find scores of them online. Contact a few and see where it goes. If everything seems to be in order, go ahead and book via them.

2. Surrounding places

Once you decide to move to Canada, you will know which city or province you will most likely stay in. In that area, you would check out the neighborhoods you would prefer to live in.
Keep these factors in mind:

  • Walking or transit distance from your place of study or work
  • The average cost of rentals
  • Proximity to grocery stores, shopping centers, etc.
  • Parking space
  • Safety in terms of crimes

Obviously, it would make sense to find a centrally located place to stay or somewhere thats close to your workplace or educational institution. That way you will save on quite a lot of time and effort.

3. Type of accommodation

There are several different types of accommodation facilities available in Canada to choose from. These are:

  • Condominiums
  • Apartments
  • Houses – these could be townhouses, duplexes, single-detached, or semi-detached.
  • Rooming house
  • Studio/Bachelor Units

You can choose the type best suited for you based on your preferences and budget.

4. Preferences

Once you have zeroed in on suitable accommodation, whether online or via a realtor, convey your preferences to the landlord to see if they are agreeable with them.

a. Get a rent breakdown and ask about inclusions and exclusions.

b. Ask if you are allowed to keep pets – in case you want one. Many places are not pet-friendly as a rule.

c. Find out the guest policy.

d. Get details on the lease duration and the terms and methods of payment.

Remember to take pictures of all places you visit to record any damages or infrastructural issues. This will help you while negotiating the rent with the landlord.

5. Documentation

You will be required to furnish the following documents to the landlord to prove you will be able to afford the place and pay the rent in time.

  • Your credit report
  • Bank statements
  • A few references (from previous landlords in Canada, if any, or from friends)
  • Employment letter which includes your salary details

6. Signing the lease agreement

The lease agreement comprises all the details of the deal between you and the landlord, such as rent, rates, rules, etc. If you have decided on suitable accommodation, you will have to submit an application form to the landlord. Once you are accepted as a tenant, the landlord will show you the lease agreement for review and signature.

Just remember to go through the lease agreement carefully before you sign on it and keep it safe once everything is in place.

After the lease agreement is signed, you will have to make the associated payments, like security deposit, rent, etc.

7. Moving in

Now that all the paperwork is over, it is time to move into your new home. Ask your landlord if there is any additional paperwork to be done prior to your move. Some places may operate the service elevator on certain days of the week. Ask about this especially if you have large-sized furniture.

These short pointers will help you to get a basic overview of how to rent a place in Canada. Best of luck in finding a home away from home in the Great White North!

 

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