Moving to a new country can be overwhelming, especially when it comes to finding a place to call home. For newcomers in Canada, the rental process may present unique challenges, such as a lack of Canadian credit history or unfamiliarity with local rental practices.
This guide will help you understand the steps, avoid common pitfalls, and navigate the Canadian rental market with confidence.
Tips For Renting in Canada
Renting in Canada for immigrants can appear daunting, but with a bit of research and preparation, the process can be smooth, allowing you to settle right into your new home.
Setting the Right Expectations
Setting realistic expectations about the rental market, especially in competitive areas, will help you focus your search and prepare for the potential challenges of finding a rental that fits your budget and needs.
Understanding Canada’s Rental Market
The rental market in Canada can be competitive, especially in major cities like Montreal. These cities often have high demand for rentals, resulting in higher prices and lower vacancy rates. However, mid-sized cities like Victoria, London, Brampton, Edmonton, and Calgary may offer more affordable options with less competition.
For more on affordable housing in Canada, review our blog: The Ultimate Guide to Affordable Housing and learn what Boardwalk is doing to combat the housing crisis.
Popular Rental Platforms for Newcomers
To begin your search, use reputable provdiers such as right here on bwalk.com, this is one of the easiest ways to avoid rental scams. Always cautious of scams, particularly if you end up looking for rentals on sites like Facebook Marketplace, Kijiji and Craigslist, where fraudulent listings may be more common.
Preparing For The Application Process
Having the necessary documents prepared in advance will make the application process smoother and increase your chances of securing a rental in a competitive market.
What Documents Do Landlords and Property Managers Ask For?
Landlords in Canada typically require the following documents when you apply for a rental:
- Proof of income (e.g., pay stubs, employment letters)
- Bank statements to verify financial stability
- References from previous landlords or employers
- A credit check (which is challenging for newcomers without a Canadian credit history)
How to Compensate for Lack of Canadian Credit History
If you don’t have a Canadian credit history, offer alternative forms of proof, such as:
- An international credit report from your home country
- A larger security deposit to show financial responsibility
- A co-signer with a good Canadian credit score
Gathering References
Since references from Canadian landlords may be difficult to provide, consider using references from your home country. A letter from a former landlord or employer highlighting your responsibility and reliability can help fill the gap.
Financial Preparation for Renting in Canada
Proper financial preparation will ensure you’re not caught off guard by hidden costs, making the transition to your new rental smoother and less stressful.
Upfront Costs to Expect
Before moving in, expect to pay first and last month’s rent, and often a security deposit equivalent to one month’s rent. Some landlords may also charge a key deposit or require additional fees for utilities and parking.
Budgeting for Additional Expenses
Make sure to factor in the costs of setting up utilities (e.g., electricity, heating, internet) if they aren’t included in your rent. Additionally, renter’s insurance is highly recommended and even required at some places to protect your belongings in case of theft, fire, or other unforeseen events.
Where and How to Search for Rentals
To increase your chances of finding the perfect rental, it's essential to use a combination of online resources and local expertise, especially as different platforms and agents may offer unique advantages.
Top Rental Websites and Apps for Newcomers
In addition to popular platforms like Rentals.ca and PadMapper, newcomers can also explore Rentals for Newcomers, which is specifically designed for immigrants. This site offers listings from landlords who are keen to rent to newcomers and helps simplify the process.
Working with Realtors
Hiring a realtor can be beneficial for newcomers unfamiliar with the rental market. Realtors can guide you through the legalities, help you find legitimate listings, and even negotiate with landlords on your behalf. The downside is that the realtor's commission may be factored into the rental price.
Neighborhood Scouting
When choosing a neighborhood, consider its proximity to your work, public transportation, schools, grocery stores, and other essentials. Websites like Walk Score can help you evaluate the walkability and transit-friendliness of different areas.
Avoiding Rental Scams
When navigating the rental market as a newcomer, it's essential to remain careful, as rental scams target newcomers. This is unfortunately common, so always be careful.
Common Rental Scam Signs
Be wary of landlords who request payments before you’ve seen the home, listings that offer prices far below market rates, or landlords who avoid in-person meetings. Scammers often prey on newcomers, knowing they may be unfamiliar with local practices.
How to Verify Landlords and Apartments
Before making any payments, visit and inspect the community in person and meet with the landlord. Ask for references from previous tenants if possible. Research the landlord’s name and the home’s address online to see if there are any negative reviews or scam reports.
Finalizing the Lease and Moving In
Finalizing the lease and moving in are critical steps in the rental process, and understanding your rights and obligations as a tenant will help ensure a smooth transition into your new home.
Understanding the Lease Agreement
A lease agreement in Canada outlines your rights and responsibilities as a tenant, including the rent amount, lease term (usually one year), and policies regarding maintenance and repairs. Make sure you read it carefully and ask questions to clarify any points you don’t understand.
Tenant Rights in Canada
Each province has specific laws that protect tenants. For example, landlords in some provinces cannot raise rent more than the legally allowed percentage, and they must follow proper procedures if they want to evict tenants. Make sure to familiarize yourself with your tenant rights in your province.
Moving Day Logistics
Plan your move well in advance, especially if you’re relocating during peak moving seasons (usually summer). Decide whether to hire professional movers or rent a truck, and don’t forget to take photos of the apartment on move-in day to document its condition.
Conclusion for Non-Canadian Residents Renting In Canada
Renting a home as a newcomer to Canada can seem daunting, but with the right preparation and resources, it doesn’t have to be. By understanding the rental market, gathering the necessary documents, and avoiding common pitfalls, you can find a place that suits your needs and budget.
Stay proactive, ask questions, and ensure that you understand all aspects of the rental agreement before signing on the dotted line.
If you’re preparing to move to Canada or are already here and ready to rent an apartment, look through our listings of available apartments all across Canada or get in touch with our team!