Find an apartment for rent that fits your needs and budget.
The best time to start your search for an apartment is about a few months ahead of the date you plan to move. That will give you plenty of time to make a plan and ensure that you can qualify for the apartment you’re interested in, as landlords want to be sure they’re leasing their property to someone who can afford the monthly rent. Read more https://www.capreit.ca
If you’re looking to cut down on costs, consider renting during the low season. While this means fewer apartments to choose from, it can also mean lower rental prices and less competition.
Find an Apartment for Rent: Essential Steps for a Smooth Search
Landlords generally want to see that you can afford the rent in an apartment by calculating your annual income and comparing it to the monthly rental cost. This is usually accomplished with a credit report and a letter of employment, or in the case of new hires, by asking for a guarantor to be added to your application.
It’s important to have your documents in order, says Matsui, especially since good rentals can go fast. Bring your full credit agency report, ask a previous landlord to write a letter of reference for you and be ready with a list of character references, including neighbors, co-workers and friends. You’ll also need your first month’s rent and security deposit ready as well. It’s also a good idea to have an experienced renter’s agent on your side, as they will be familiar with local inventory and help you get all your paperwork together quickly.