How to Find Accommodation in Canada
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A rental housing shortage can make it difficult for international students or newcomers to Canada to find accommodation. While finding a rental housing crisis can be challenging for newcomers and international students, it is not impossible. short-term rentalFinding your first long-term apartment is the hardest part of finding a rental.
Of course, researching the rental market before you arrive will help you compete in Canada’s tight, low-vacancy rental markets. Get a helpful overview of Canada’s rental market and tips to prepare for a successful housing search!
Rental Prices in Canada
A recent 2024 National Rent Report from Rentals.ca showed that asking rents in Canada increased 9.3 percent year-over-year to an average of $2,188 in April.
A high demand and a low supply will lead to a slow but steady increase in rents throughout 2024. Demand is driven by a large influx of immigrants and people who can’t afford to buy despite falling sales and prices.
The competition for rental properties will continue to tighten as more and more people arrive.
How to Find Accommodations in Canada Rentals for Newcomers
Many newcomers to Canada turn to for help in finding accommodation. Renting for Newcomers (RFN).
Why is this site so popular among newcomers looking to rent their first home in Canada?
Rentals for Newcomers helps people avoid the headaches and heartaches of their rental search, as well as the expenses, by promoting landlords that value newcomers.
Registration is Free
For immigrants arriving in Canada’s competitive rental market, sites like Rentals for Newcomers are invaluable. Plus, it’s FREE, but you must Create an account!
Registering allows you to interact directly with the landlords who are behind the rental listings.
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Every Year, More Immigrants Arrive
Canada’s ambitious immigration targets impact demand and competition for available rental accommodation.
Canada will welcome at least 485,000 permanent residents this year and 500,000 in 2025, mainly from India, the Philippines and China. The country hopes to welcome 485,000 newcomers by 2024 and 500,000 by 2025. Canada has welcomed a Record number of international student. It has, however, recently imposed new limitations.
Finding a place to live in Canada is difficult due to the high demand for rental accommodation
“We have unprecedented levels of demand that are met by low vacancy,”You can find out more about this by clicking here. Jesse GreenwellHead of Communications Culture and Inclusivity, Mainstreet Equity Corp. is a leading company in the mid-market rental market in Western Canada.
“Everything is outpaced by the demand,”He said.
“Rentals For Newcomers is a great example of a partner agency,” said Mainstreet’s Greenwell, which can help prepare newcomers for Canada’s rental market.
Researching Canada’s Rental Housing Market
If you are a newcomer to Canada and looking for accommodation, here is what you need to know. Before you arrive, do some research. Canadian landlords won’t rent to you before you land, but knowing the rental landscape can help you find your first home more quickly.
Rentals for Newcomers can be a great resource to find the perfect rental.
Renting for newcomers can help you find accommodation in Canada
Rentals for Newcomers offers:
- Current rental prices in Canada’s major rental markets (for example, a Toronto one-bedroom apartment rented for $2,459 in April 2024, while a one-bedroom in Saskatoon costs $1,215 monthly – a difference of $1,244).
- Tips to impress Canadian Landlords, how to avoid rental scams and rent without credit history.
Dave Frattini says that RFN is a great tool to get a head start on finding a rental.
Prepare to Find Accommodation in Canada
“Vacancy rates in most cities across Canada are now hovering around 1.5 percent,” said Frattini, “meaning landlords have all the power in choosing the tenant they want. Searching for accommodation in Canada is more difficult than ever for newcomers.”
Frattini encourages newcomers to be prepared to find housing in Canada.
- Rent in the city you plan to settle.
- Gather important documents to give to potential landlords.
Frattini says that newcomers must meet their landlords “they need to prepare because landlords have the pick of the crop”.
Protect yourself from rental scammers who target newcomers
Rentals for newcomers also makes sure that scam listings do not appear on its site in order to protect the newcomers. Rentsync, a rental technology software network that verifies landlords, is a part of RFN.
Sites such as Craigslist and Kijiji can be vulnerable Rental scammers target students and newcomers.
Get Verified Rental Listings
“Importantly, our listings are well managed,” said Frattini. “It’s both technologically and manually driven. Rentsync knows the landlords that are listing on Rentals for Newcomers.”
Frattini added, “We educate our audience about scam alerts. Through Rentals for Newcomers’ blog posts, we update our audience about scams in the rental market.”
Summary
It is difficult for newcomers to find their first long-term accommodation in Canada. Renters are faced with fierce rental competition and demand. Rentals for newcomers can assist you in overcoming hurdles by providing resources and tools that will make your search easier.
Steve Tustin serves as the editor for Rentals for Newcomers. He is also a contributor to Prepare for Canada. He is the former managing editor of Storeys.com and was a senior editor at both the Globe and Mail and Toronto Star.
© Prepare for Canada 2024
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Original content by www.prepareforcanada.com – “How to Find Accommodation in Canada”
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