Canadian homeowners spend 24% (or almost $300) more than renters on monthly shelter costs. Major Ontario cities boast the most expensive housing costs: Homeowners in 9 cities (including Toronto, Brampton…
Renting your own place is often the first step on the real estate ladder. And, like with many first steps in life, mistakes can be made all too easily. With…
Whether you’re a first-time landlord or a tenant who has just found their ideal apartment, you may have come across the term prorated rate. Also known as pro-rata rent, it is simply rent that is calculated proportionately based on the actual number of days a tenant has occupied the unit. While it seems tricky at first, it’s actually quite an easy concept. So let’s take a closer look. The Basics Landlords tend to start charging…
If you’re looking to rent your first apartment, know that units come in all shapes and sizes. Studio apartments may be among the smallest, but they can be quite a…
This year’s most searched-for price range in Canada was between $200,000 and $300,000 — less than half the latest national average home price of $640,000. Home-seekers were predominantly interested in…
Subletting, either on a short or long-term basis, can benefit everyone involved. Landlords can be sure the rent will be paid, tenants don’t have to worry about paying for an apartment they’re not using, and subtenants can find a place to stay. But while there are clear advantages, there are also some risks involved. With that in mind, let’s look at what landlords, tenants and subletters should be aware of before signing. Risks for the…
Renting your first apartment is an exciting life event, but sometimes it can feel like an unachievable dream. Landlords will often want to look at your credit score before considering…
While you might think the size of a dog is the most important thing when considering what breed to get when you live in an apartment, many factors actually play…