Canadian apartment rentals are a great option for expats looking for a stable and comfortable living situation while making a new life in Canada. As with all markets, rental prices vary significantly between cities and regions. However, with a little research into what your budget should be and what your lifestyle requires you can find an apartment that will suit you well.Learn more :capreit.ca
You should also take into account whether you want a furnished or unfurnished property. While a furnished apartment may sound appealing as you won’t have to worry about purchasing or moving furniture, it can be more expensive than an unfurnished property. In some cases, landlords will also require a deposit upfront in addition to the standard rent deposit of two months of rent. This is especially common if you’re applying through a professional real estate agency or in a competitive market.
What to Expect from Apartment Rentals in Canada
If you’re a newcomer to the country and have no credit history, many landlords will ask for a guarantor to co-sign your lease agreement. This person will need to be a Canadian citizen or resident. This is a common request for newcomers to Canada because it ensures that you will be able to pay your rent should something unexpected happen.
Depending on your circumstances, you might also choose to opt for a month-to-month rental agreement that will be more flexible and easier to get into. This arrangement will give you a chance to see if the neighbourhood and city suits you before you commit to a long-term lease.