How to Rent an Apartment in Toronto: Recommended Process & Preparation | Toronto Real Estate

Monday Aug 02nd, 2021


Firstly, the lease term depends on your home purchase plan. If you want to get familiar with the area first or has yet to decide whether to lease or buy, then short term lease is more suitable. No realtor needed for short term lease.

What you need to submit for lease application if you are a local resident:

  • Your credit score
  • Employment letter with proof of income
  • Ex-landlord recommendation letter
  • Two months of rent as deposit You can start your lease search 2 to 3 weeks prior to your planned lease start date.

One exception is that for students attending school in Downtown Toronto, it is recommended to start the leasing process early.

If you have any plans to buy or sell your home, please call Priscilla Han at 647-360-8963 for a FREE consultation. I can cater the property search for you, including some great deal exclusive listings.

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