Renting in Toronto: A Student’s Complete Guide

December 20, 2016

When searching for an apartment in Toronto, there are certain questions you must ask – especially as a student!. It’s important for you to understand everything about your future apartment before you sign the lease! If you’re not too knowledgeable about the rental market, worry not – Circl is here to help!

 

Everything You Need To Know When Renting As A Student 

 

  1. Perform a walk through. It’s extremely imperative for you to walk through the apartment and ensure everything is in good working order. Take a look at the infographic we’ve provided below, as it explains what exactly you should be looking for.

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  1. Make a list of relevant questions.  The last thing you need as a student in Toronto are unpleasant surprises! In saying that, here are some very important questions to ask your landlord:

 

  • Are any utilities included in the rent?
  • What exactly is included in the rent?
  • Are pets allowed?
  • What’s the typical monthly cost of the utilities? (Water, heat, electricity, gas)
  • Is there an additional fee for having a pet?
  • Is there air conditioning in the unit?
  • Have there ever been bedbugs?
  • Has there ever been a bug infestation?
  • How much does it cost to use the washing/drying machines?
  • Is there parking? If so, is there an additional cost?
  • Are subleases allowed? Do I need to cover the fees?
  • Can I renew my lease?
  • Will the house be professionally cleaned before the move in date? What does the cleaning include?

 

  1. Do your research. Never forget to research the neighbourhood in order to ensure it’s right for you. Look up the safety of the neighbourhood (view our blog on The best and worst places to rent in Toronto) and what’s around it. Ask yourself; where is the closest mall? Where is the closest library? Where is the closest store? How far is the school from the apartment? Will it be easy for to commute back and forth between classes?

 

Check the rental rates in the area. Take a look at our infographic below, or read our moving to Toronto guide to check out the current rental rates in Toronto.

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Extra Tips For Renting As A Student In Toronto

 

  • Look into renter’s insurance. Students often overlook this, but it can be very beneficial for you. Renter’s insurance can really come in handy if an unfortunate situation occurs.

 

  • Take your time to read the lease. Don’t rush to sign! No matter how great the deal is, or how nice the unit is, it’s important for you to take your time to read over every sentence. If there’s something you don’t understand, don’t hesitate to ask the landlord.

 

  • Don’t sign the lease until you’ve seen the property. This does indeed happen a little too often! Never make a decision based off of photos alone – always visit the property and take your time during the walkthrough.

 

  • Go with your gut. If you feel a bit off, go with it. If you feel as though the landlord is being untruthful, don’t go ahead with the agreement. You need to feel 100% confident about your new apartment unit.

 

  • Use your resources. There are many lists online of approved landlords, previous properties students have rented in Toronto and property management companies. Check out your school’s website, as they may have some information available, or visit www.circlapp.com and browse through the long list of landlords and student rental properties.

 

  • Fill out an evaluation form. You can use an evaluation form to document the current condition of the property. If you see anything that is damaged, take note of it so that you won’t be charged upon moving. Once you have filled out the form, sign and date it – don’t forget to make a copy for your landlord too.

 

How to Find Student Rentals In Toronto
Now that you know what to look for in an apartment, you can start the searching process! Visit circlapp.com to browse through student rentals in Toronto and its surrounding areas.

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