Steps
- Create a realistic budget. Decide what you can afford in rent, including monthly utilities. Don t look at any apartments out of your price range.
- Shop and compare This apartment will be your home, perhaps for years, so ensure peace of mind by comparing prices, options and locations before taking the plunge.
- Ask about vacancy rates. If an apartment building has a large number of vacant units, chances are the building is not being managed well.
- Deal with a reputable company. Dealing with a larger apartment management company has its advantages as well as drawbacks. One can find convenient solutions through larger companies, but one should also be careful about companies' claims regarding tenant needs, reliability, etc.
- Make a wish list. Do you want a balcony? A pool on-site? Do you want to live near bike paths? An adults-only apartment building? Figure it out and create your wish list.
- Use the Internet. The Internet is one of the best resources for zeroing in on your dream apartment. It can give you a clear idea of what s available before you actually go out looking for it.
- Find your ideal neighborhood. Drive or walk around different parts of the city where you might like to live. Consider commute times, your lifestyle needs and local conveniences.
- Do a thorough inspection and take notes. Keep a record of each apartment you visit. Note what features are extra or missing. Take measurements of the rooms and doorways to ensure furniture fits on moving day. Turn on light switches, look inside closets, check water pressure, visit the laundry room, walk the grounds and ask neighbors what it s like to live there.
- Ask lots of questions. Who controls the heat? Are appliances included? Is smoking ok? Are pets allowed? When is the apartment available? Will they paint before you move in?
- Understand your lease. Your lease should clarify the rent, terms and duration of your agreement. Read it carefully and negotiate terms before signing. If you give a deposit, get a receipt.
Video
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Sources and Citations
- Paramountapts.com - Original source of this article. Shared with permission.
- Ontario Tenants Rights
- Toronto apartments
- Finding or Searching for an Apartment Tips
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