How To Get a Great Toronto Rental

How To Get a Great Toronto Rental

Finding a great Toronto rental can be challenging when the best properties are being leased within days of coming on the market. I've put together a complete guide to helping you secure the rental of your dreams. 

Get all the details on the necessary documents you will need, whether you should get a real estate agent's help, where to find rental postings, how to submit an offer, what to do once your offer is accepted and a bunch of other helpful tips!

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Why Is Rent So Expensive?

Why Is Rent So Expensive?

The reality for renters right now: you're going to need to cough up at least $1,500 -  $2,000 a month (plus utilities) for a one bedroom condo rental unit in Toronto. On average, this will get you between 500-700 square feet of living space.

So why is rent so high?  When will rising rents stabilize or decline? 

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Is Your Rental Subject To Rent Control? Quite Possibly Not.

Is Your Rental Subject To Rent Control? Quite Possibly Not.

Every year the province of Ontario's Landlord and Tenant Board publishes the allowable rent increase for the coming year. For 2013, the allowable rent increase is 2.5%, so if your monthly rent is $1,000 it would increase by $25/mth to $1,025/mth. 

But there is one very important catch to be aware of. 

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