With 14.57 million citizens, Ontario is the most populated province in Canada. It contains fifty-two cities and is full of energy and opportunities.
Why do people living in Ontario thrive? First, Ontario has many work opportunities and impressive salaries. Compared to other provinces, Ontario has better jobs with great pay. Many people also move to the province because of its beauty! In Ontario, you will find various attractive national parks, amazing natural falls, and much more. People also relocate because of the affordable cost of living, with cities like Sarnia, Thunder Bay, and Sudbury offering some of the most affordable prices in the province.
For whatever reason you decide to move to Ontario, make sure you go about the rental process right. When searching properties for rent in Ontario, there are tips to simplify the process and assist you in getting the best apartment. Here is your guide to finding a great rental property in Ontario:
Know what you want
As basic as this sounds, take note of it before searching for rental properties. Create your requirements and ensure that the property you want to rent satisfies them. When you create a list of what is most important in a house or an area, getting the rental property of your dream is easy! Try researching some things like the amenities, region, and pet policy before purchasing.
Research the homeowner
It’s important to research the landlord of the home you want to rent to avoid any issues of illegitimacy or purchasing an illegal entity. You can use social media to carry out your research; just make sure you are dealing with a reputable and certified landlord.
Ensure you have all the important documents
Consider organizing documents before inspections as you will be expected to provide documents that verify the information provided on your rental application. It is always a good idea to prepare these documents ahead of time and send them with your application as soon as possible.
Supplying the relevant documents on time will help secure your ideal home and demonstrate trustworthiness and readiness to the property owner. You'll need documentation like reference letters from previous landlords and employers, as well as identification cards. Make sure you have your bank accounts and pay stubs on hand to prove your ability to pay rent.
Try negotiation
Most people moving to Ontario love to stay in cities like Toronto, Mississauga, or Richmond Hill, but to stay in these well-known areas, you should be ready to pay more and negotiate. It is not bad to ask for a price reduction when you feel the fee is too high; interact with the landlord and let them know what you want. To avoid embarrassment, you shouldn’t sign a rental contract that you cannot keep up with. Even if the homeowner doesn’t agree to your payment terms, there are many vacant apartments you can always try out.
Have a knowledge of standard rent terms
After securing an apartment, educate yourself on the regulations binding the rental contract you signed and ask the landlord about the rules of the apartment. Try to ask about the pet policies and know your rights as a tenant.
Best places to own rental properties in Ontario
There are fifty-two cities in Ontario, however, not all are of the same quality. Where are the best places to purchase a rental property in Ontario? Here’s a list of the top cities:
- Toronto
- Ottawa
- Waterloo
- Guelph
- Burlington
Looking to find or list a rental property? Get started on Rentola.com