Apartment Rental Toronto

Toronto, located in Ontario, Canada is a modern city. It is home to the world famous CN tower. It has a variety of apartments to suit the accommodation needs of every type of individual. The city includes localities like North York, Richmond Hill, Russell Hill road and High Park. Other residential areas include Oak mount Road and Mallory Gardens. To book an apartment one must fix a budget and the purpose off stay.

Those on work prefer a location close to the city center and business district. This saves time otherwise spent on commuting to and from work. Business travelers to the city may prefer a weekly rental apartment that is close to the airport. Those with families may prefer to stay in the suburbs or a locality with good schools and shopping amenities. Again, a bachelor may like a furnished apartment whereas a family will have its own furniture and other utility items, but may want rentals that are more economical. People on vacation may prefer serviced apartments outside the city limits but close to nature.

The apartment rental toronto rates also vary with the size of the apartment, amenities provided and duration of rental. Budget apartments start from seventy-five dollars a night while monthly rentals for a three-bedroom apartment start at about two thousand dollars a month. One can get a bachelor pad with no amenities on Russell Hill road for about seven hundred dollars a month. A three-bedroom apartment in the same location is available for eleven hundred dollars a month. Rental rates in a better locality like Oak mount road are higher. A single bedroom apartment rent is about nine hundred dollars whereas a two-bedroom apartment will get a rent of fourteen hundred dollars. Apartments that are centrally located and close to the subway can command a higher rental, as they are preferred over others in less accessible localities.

People with a bigger budget can rent spacious duplex apartments facing the waterfront. This apartment comes with a well-equipped kitchen, and total Internet and cable connectivity. It boasts of wooden flooring and authentic handcrafted furniture. It has three bedrooms with a view of Lake Ontario and is comfortable for six people. Other people may prefer more expensive luxury apartments that come with amenities like a swimming pool and gymnasium.

Many companies hire apartments for their employees for a longer duration. Since these employees may be out of Towner’s they usually, prefer fully furnished apartments with all amenities. Agents or brokers undertake corporate rentals. They survey the property and negotiate the rent with the landlord before finalizing the rental agreement with the company. The apartment rental toronto agreement contains the terms of rental, and details of the advance deposit and the monthly rent. Before signing the agreement, one must scrutinize it carefully for hidden clauses and penalties. Many landlords do not permit pets or smokers. Hence, one must modify the agreement so that it is suitable to both parties. In most cases, the rent includes electricity, Internet, telephone and cable access along with taxes. However, one must clarify the finer points before signing the agreement.

Tenants look for some other factors too before selecting an apartment. Security of the building and neighborhood in particular is a major concern. The building must have security guards on duty around the clock. The building must also have Intercom and videophones to screen visitors into the building. Proximity to a police station is a huge bonus for most tenants since it indicates the safety of the neighborhood. Multistoried high-rise apartment rental toronto must have elevators. Tenants owning a vehicle prefer a garage or secure parking space for their cars. Other issues of concern are garbage disposal and laundry services. Those willing to pay extra may ask for housekeeping services and bill payment services. Proximity to means of transport like bus and metro is essential.

Nowadays the Internet has opened a world of opportunity for both landlords and tenants. One can view an apartment, check its availability and make a booking right away. Most sites give details of the location, accessibility and availability along with pictures of the apartment and the floor plan of the building. Useful sites for apartment rentals in Toronto are One must verify the credentials of the website from friends and online forums before undertaking any financial transactions with these sites. All sites accept payment by credit cards or any other financial gateway. Therefore, one is spoilt for choice for apartment rental toronto. However, one must check all facts and credentials of the landlord or website as the case may be before renting a property.

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