SEARCH AND COST OF RENTAL APARTMENTS IN CANADA – THE PRICE OF RENTAL HOUSING IN CANADA

After arriving in Canada, almost all immigrants are starting to search for housing immediately. Most of them prefer to rent an apartment for at least few years. It is quite easy to find an apartment in this country. You may use the Internet, visit rent apartment websites, contact specific agencies or walk around the city looking for rent offers. Usually, apartment search in Canada takes 1-2 weeks. In order to lease an apartment, an agreement between the owner of the apartment and the tenant has to be concluded. Usually, the lease agreement term is one year with possibile prolongation in case both parties are satisfied, have no complains or do not intend to terminate the agreement. However, lately apartments are being more often leased under so-called leasing agreement. The essence of such agreement is that the tenant bears full financial responsibility for the apartment during the year of residence and excludes its early termination. Before signing the agreement, pay special attention to the utilities included into the rental. Considering the fact that Canadian winter is quite severe, the cost of heating may reach a considerable amount.