As Toronto home prices continue to soar, renting is becoming more common and in some cases, essential. The good news is that there is a wide range of Toronto properties to choose from when considering to rent. From high-rise condos, hard and soft lofts, townhomes, semi-detached homes and detached homes, Toronto has it all. With so many Toronto properties to choose from, it is very likely that you will find something that suits your tastes and requirements.
Does the unit or home come with a designated parking spot? Whether you require a parking spot or not, it is definitely beneficial to have a spot available. Having a designated parking spot provides a place for your guests to park if there isn’t any visitor parking spaces available. You may also be able to rent out your parking spot.
Does the unit come with a locker? As you may know, Toronto condos and lofts tend to have limited storage space. It is always beneficial to have additional storage. Make sure you look into whether the unit comes with a private storage area when renting a condo.
Is there public transportation nearby? If you commute to and from work or you do not own a vehicle, it is important to determine if there is public transportation nearby and how often it runs.
Where is the closest grocery store and pharmacy? If you don’t own a vehicle, you will want to determine where the closest grocery store and pharmacy are. The last thing you want is to be dragging your groceries half way across the city or having to commute a long distance to get cold medicine when you are feeling under the weather.
What are other similar rental units renting for in the building? It is important that you have your real estate agent do some research regarding what other similar units or properties have recently rented for. You don’t want to end up spending more than you need to.
Does the building have amenities? When renting in a condo building, make sure to check if the building includes amenities and if they are the type of amenities you require. It is often a good idea to view the amenities in person in order to ensure that they are well-maintained and appropriate for your intended use.
Q: What does it cost to use a real estate agent to find a rental unit?
A: The best part about using a licensed Toronto real estate agent is that it does not cost you anything. That’s right, $0.00 out of your pocket to have a professional complete all of the time consuming and in depth Toronto MLS searches, arrange showings for any units that interest you, walk you through the offer process and negotiate on your behalf while ensuring that your rights are fully protected throughout the entire process. You may be asking yourself “How does the agent get paid?” The answer to that question is that the landlord will typically pay a co-operating agent (the agent that brings the tenant) a commission.
Q: Am I responsible for paying the maintenance fees?
A: No, the cost of the maintenance fees are the responsibility of the owner of the unit.
Q: What is a lease agreement?
A: A lease agreement is the contract between the Tenant and the Landlord and includes all of the details and terms regarding the lease. This agreement will include the lease term (length of lease), the monthly rent and other important details.
Q: How long is a typical lease?
A: A lease is usually for a 12 month period and then automatically renews on a monthly basis once the initial 12 month period comes to an end. Once the lease is on a monthly renewal cycle, you will be required to give at least 60 days notice before the least can be terminated.
Q: What will I need in order to apply as a tenant for a condo or loft?
A: There are several different items that will be required of you, many of which are listed below. It is best to have all of these items in place before looking for a Toronto condo or loft to rent in order for you to be ready to submit your application once you find the right Toronto condo or loft for you:
Q: What are some popular areas for Toronto condo and loft rentals?
A: There are many different neighbourhoods throughout Toronto that include a variety of different types of condos and lofts. From high-rise condos with spectacular views of Toronto to low-rise condos that are a small community within itself to rustic or modern lofts, Toronto has it all. Some of the popular areas for Toronto condos and lofts are listed below:
Contact me today to learn more about the different rental options available in Toronto and to learn how I can assist you with finding the perfect Toronto condo or loft. I’m here to help you!
We have worked with other realtors in the past, but our experience with Braden set a new standard of excellence in both customer service and professionalism in the industry. His commitment to help you find the perfect home was clearly demonstrated through making himself available to answer all our questions, providing us with the latest information on available properties and opportunities, and showing us the properties that met our needs. He provided excellent advice on both the purchase and selling processes. Braden was also hired to sell our home and he threw everything behind getting the job done (amazing marketing materials, videos and outreach through social media and the broad connections provided through the Christie’s International affiliates). He helped with preparing the home and providing solid advice on the sale approach. Overall, an amazing experience. I definitely would recommend him to represent any buyer/seller as he goes above and beyond to get the job done and done well.
Braden worked tirelessly to get us into our first condo. He was always available to take us to showings and in the end we purchased a condo that was on the market for only 7 hours thanks to Braden’s quick work. He’s also personable, professional and calm. We felt that he provided us with sound, reasonable advice and his knowledge of the market is extensive. We wouldn’t hesitate to recommend Braden.
I recently used Braden to sell my property. Braden was extremely professional and reliable. He was always available to answer questions when needed. I was especially impressed with the way Braden marketed my property by creating one of the best custom promotional videos I have seen for my property. Braden’s passion for real estate, his first class customer service and his unique marketing approach helped me sell my property for what I believe was a record breaking number at that time. I highly recommend using Braden for all of your real estate needs.
I definitely recommend Braden. He helped us sell our condo in five days, for over our asking price. Prior to that, he spent almost every evening with us over the course of three weeks to help us find a new home. His knowledge of the contracting industry enabled us to gauge what kind of work might be needed to fix a place up, and how that might affect our offer. Braden was incredibly dedicated and is someone I would certainly use again.
Braden is a model real estate agent. His professionalism and diligence is unparalleled. I have had the pleasure of working with Braden for the past two years and have been more than happy with the properties he has helped me find. I would highly recommend him to friends or anyone else looking for a real estate agent here in Toronto.
If you like your phone calls and texts returned within 30 minutes, having all of your questions answered clearly and professionally combined with a personal and calm approach then I would recommend giving a call to Braden White ….It was a very positive experience.
I had the most positive experience with Braden as my real estate agent. I felt relaxed throughout the entire process because he was on my side of the ring. With Braden, I found a great rental in the very first day of our search. Bigger than expected within my price range, in the neighbourhood I wanted, with a beautiful view of the city and amazing amenities. We saw the place and closed it with a couple days. It’s only because Braden was so energetic and committed to me as a client that we were able to get the unit. I couldn’t be happier, and I’m so thankful for all the time that Braden put into my deal. He’s not just an efficient agent, but a thoughtful negotiator. A process that could have dragged on for weeks, happened in the blink of an eye. Thank you Braden!
I usually don’t write online reviews, but given Braden’s unsurpassed professionalism, sound advise and market experience I felt compelled to post.
Braden sold my downtown Toronto condo well above my initial estimate and in record time. He was able to achieve this because of the number of tools and resources available to him, from his team who sent emails informing me of visits from potential buyers and their agents, to the amazing photographer who made my unit sparkle and shine.
Then, he found my dream home! He knew I wanted it the minute I walked through the door. But before we bid he did his due diligence: he looked at upcoming construction projects, local amenities and complied a list of comparables so that the amount I bid put me ahead of the others, which it did, and now I’m home.
Braden is incredibly knowledgeable, approachable, and professional. If you called or emailed him he would respond promptly. He’s a wizard with the paperwork and made the whole process of finding a condo easy and stress free. 10/10 would use him again.
Braden is extremely professional, accommodating and easy to work with – would 100% recommend!
My husband and I needed to find a new rental property as our property owner’s son had decided to move into the unit she owned. This happened 3 months before our wedding, and as you can imagine, we were a little stressed. Braden eased our concerns, patiently showed us numerous places in Toronto, within our price range, and desired neighbourhoods. He was responsive, understanding quick and personable.
Within two weeks we found the perfect spot and we couldn’t be any happier. His guidance throughout the whole process was so appreciated and we are so thankful to have worked with him. Again, would 100% recommend without a doubt.