- Proof of income – 2 most recent pay stubs, a letter of employment, or a T4 will often suffice. Be sure to arrive prepared with contact information for at least 1 work reference.
- Photo identification – bring a copy of your government-issued photo identification (eg. license or passport) so that your prospective landlord can verify that you are who you say you are.
- Banking Details – bring a void cheque or direct withdrawal form for rent withdrawal purposes.
- Co-signer – If you suspect that you may require a co-signer, bring a qualified co-signer to the appointment with you as they will need to sign the appropriate paperwork.
Is it your first time renting? Let us help you!
You’ve saved some money and landed a good job. Now you’re ready to take the big step of getting a place of your own. This can be an exciting yet stressful time, as you may find yourself with many unanswered questions. Great news – we’re here to answer your questions and ease the transition into your new home. Q) How much should I spend? A) Knowing what you can afford is hugely important when it comes to searching for a new apartment. A good rule of thumb is to not spend more than 40% of your monthly income on rent. Ie. If your monthly income is $3,000 (after taxes), you should not spend more than $1,200 a month on rent. This will help ensure that you have fund available to cover vehicle payments, insurance, electrical bills, and food. Q) How do I make a good impression on my prospective landlord? A) To make a good impression on your prospective landlord, arrive at your appointment prepared – bring all the paperwork you may need with you. Landlords will typically request the following of you: