Renting in Canada

MBA Canada

The Canadian rental market can be represented as friendly tenant. The low interest rates for mortgage-type borrowing have induced people to move from renting to owning. The increase of rental properties is a factor for the existence of different incentives such as free rentals for a month, free parking and home appliances provided by the landlords. This is particularly true in densely populated cities, such as Toronto. In Canada, 33% of all properties are rental properties.

Renting in Canada is a choice available to students, but price, availability and quality vary greatly. Generally rents are quite high in major cities, and places aren't always at hand. Many students want to share accommodation to save money and find good places to meet their needs and preferences. Many schools provide an off-campus housing service, which can offer low-cost listings that are near the campus. At this service centre, people who ask for shared accommodations can also meet roommates. Once on campus, usually you will find a variety of postings throughout the campus advertising nearby housing, but it is always better to realize previous arrangements before coming to Canada.

There are diverse types of places you will be able to rent as an international student. Houses are particularly very costly for one student to rent, but some students can share or rent suites (a self-contained unit with a kitchen, toilet, bath and bedroom) within a bigger home. Apartments are other alternatives, where one can find a kitchen, toilet, bath, and one or two bedrooms. Most rental apartments do not include furniture or meals. Some, however, cover the cost of heat and/or electricity in the rent.

Usually local newspapers provide information about apartments and available homes. It is a responsibility of the student to determine the convenience of the rent; owners can make any other arrangements. Most landlords need a damage deposit and rent is paid on a monthly basis in cash or by cheque.

Agreements with landlords should be made carefully. You should verify and know the terms of any rent before you sign it. You should see the apartment or suite before signing the contract, to determine whether anything needs to be repaired by the landlord before you take up residence. If you have problems with your rental accommodation, you should communicate to the provincial residential tenancy office.

Usually Rental websites provides complete information about Canadian Apatments and available homes. It is a responsibility of the student to determine the convenience of the rent; owners can make any other arrangements. Most landlords need a damage deposit and rent is paid on a monthly basis in cash or by cheque.