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Canadian Apartment Hunting Guide – Tips For First Time Renters

Aug. 14th, 2010
in Real Estate
by Adriana Noton

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If this is the first time that you are renting an apartment in Canada, there is a lot of information that you need to know before you start your search. How many bedrooms do you need? Are heat and electricity included in your rent? The following is your Canadian apartment hunting guide.

Before you begin your search for an apartment, you will need to have some information in place. You will need to know what kind of apartment you want to rent. How many people will be sharing the place with you? Each person will require their own room, unless you are sexual partners. You will also need to know what your budget is for your housing needs. You will also need to know in which you wish to live and which area will keep you close to your work or school. Once you have a clear idea of how much you can afford to pay for rent, you can begin your apartment search.

Take a look through the rental listings in your community newspaper. When you go to the store or the laundromat, check out the posted advertisements. If there is an apartment building you really want to get into, keep an eye on their availability board, or contact them to be put on their wait list.

Using your budget and your personal needs as a guideline, call no more than six apartments at once. When you call, ask which kind of heat is used to keep the apartment warm in winter and whether your heat and hydro are included in your rent payment. This is very important during the winter when heat and hydro costs can be more than two hundred dollars a month.

While you are asking questions about the apartment, remember to ask if a refrigerator and stove are included, and what kind of laundry facilities are available. Apartment buildings tend to have a common laundry room, whereas smaller apartments, duplexes or places that have bachelor apartments may have no laundry facilities at all. Which would mean that you would have to find the closest laundromat where you could do your laundry.

Bachelor apartments can be an easy way for someone who is just moving out to get their first space without necessarily spending a ton of cash on getting set up. These apartments often come fully furnished, with a bed, dresser, desk and even a lamp. When you call about these, ask what is furnished and what is not. Unfortunately, most of these types of rental spaces do not have private bath rooms, nor do they necessarily allow cooking in the private rooms. Ask about bathing and cooking areas when you call about a bachelor apartment.

When you finally find the apartment that you can both afford and that suits your needs, you will have to sign a rental agreement. Most landlords will insist on a security deposit equivalent to one month’s rent. This deposit goes toward your last month’s rent, and you earn interest on the amount throughout the time that you rent.

Another thing that will happen when you sign your rental agreement is that your future landlord will run a credit check on you. If you have been paying your own credit card bills or you have been paying your own car insurance, the landlord may not require a co-signor to guarantee your agreement with him. However, if this is your first time out of the house, and you have not built up any personal credit history, you will need someone, such as a parent or older sibling, to sign the agreement to pay your rent should you default on your agreement for example when people are renting Calgary apartments or Kitchener apartments.

When living in Toronto finding apartments for rent in Edmonton that are right for you can be difficult. Viewit can help you with your search for an apartment in Edmonton as well as Halifax apartments.

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