If renting is the best choice for you, then you’ll need to make a few more choices. Use these tips to guide your decision:
What’s the best location for you?
Tip
Prepare a list of questions before you phone the landlord and try to get as much information as you can over the phone to get an idea of whether the rental is worth viewing.
Location matters, even if you’re renting. For example, do you want to live close to your workplace? Shopping? Recreational or social activities?
If you are comparing rentals in apartment buildings and houses, keep in mind that both have their pros and cons:
Renting an Apartment Unit
Renting a House
Pros:
Pros:
May have extra amenities such as exercise and laundry facilities, swimming pool, parking, etc.
More living and storage space
Utilities may be included
More distinctive character and intimacy of space
Less maintenance and upkeep
May offer more outdoor facilities such as a garden, deck or yard
More social
More privacy
Safety (i.e. cameras, concierge, etc.)
Cons:
Cons:
Less privacy
Potential for more upkeep
Less storage
Rent may be higher
Fewer outdoor facilities such as a garden, deck or yard
Less security (no superintendent, intercom, etc.)
May not offer some amenities (e.g. exercise rooms)
Utilities may cost extra
Before you start checking out rentals, see Rental Inspection Checklist. You’ll find a list of things to look for (and look out for) before you sign a rental agreement.
