With year-over-year rent increases that reached a record high and vacancy rates at historical lows—as Canada Mortgage and Housing Corporation’s latest Rental Market Report shows—finding an apartment in Quebec is a challenge. As the report points out, the market condition is especially tight in all major cities in Quebec, including Montreal, Quebec City and Gatineau. On the bright side, proper insight and careful preparation can make it easier to increase one’s chances of landing the right home.
So, if you or someone you know is about to start the search for a new rental unit, these tips will help you avoid common pitfalls that often affect renters.
Jumping Too Soon
It’s easy to feel the urge to act quickly in a competitive market. Take time to list all your needs and wants according to your means. It could be a roommate, the size and number of rooms, proximity to work or school, access to public transit or parking, a backyard or balcony, etc. Plan a realistic budget, and don’t forget all the recurring expenses and moving costs.
By establishing all your non-negotiables and nice-to-haves upfront, you’ll focus on what truly fits your needs and wants and increase your chances of finding the right apartment without unnecessary setbacks. Being clear on what you can live without will also come handy if a tough but quick decision is required down the line.
Starting Late
Let’s face it: the rental scene is a whirlwind. In Quebec, things can get especially difficult around July 1st, also known as Moving Day. To avoid scrambling at the last minute, it’s best to kick off your search two to three months in advance.
The earlier you start, the more options you’ll have, and the less stressed you’ll feel throughout the process.
Neglecting In-Person Visits
Scrolling through apartment photos are helpful to a point, but don’t let those shots fool you! Nothing beats visiting a place in person to check for red flags like mould or pests and ask important questions.
Make sure you bring your checklist and a second pair of eyes to make the most of your visit and leave with more than an impression, good or bad. What to look for can include water pressure, electricity and heating, the condition of doors and windows, soundproofing, smoke detectors, storage capacity, etc.
This is also the time to ask the landlord about all your questions—especially around your must-haves and needs. Is the apartment pet-friendly? What’s included in the monthly rent? What is the current electricity cost for the unit? What are the rules for parking on the street?
Failing to Evaluate the Neighbourhood
Your apartment is only half the story; seeing the neighbourhood up close helps you gauge if it’s the vibe you’re after. Check out local hot spots; think coffee shops, grocery stores, and parks, to see if the area matches your lifestyle.
Safety matters too, so look into crime rates and chat with future neighbours to get the scoop on your potential new digs.
Not Reading the Lease Thoroughly
Your lease is not just a piece of paper—it’s your safety net! That’s why it’s important to make sure the correct lease form is used. Here is the mandatory document for any dwellings leased in Quebec as provided by the Tribunal administratif du logement.
Knowing your responsibilities can save you from future headaches, so take the time to read every section of the rental agreement and understand what’s allowed (and what’s not). This would help you navigate any surprises down the road and protect your rights. Be sure to understand what is required in your region.
Leaving Necessary Documents Behind
Even before you start hitting up rental posts, get your paperwork in order. Gather things like proof of income, credit report, references from past landlords, and a copy of your ID.
Being ready with your documents shows you mean business and can give you the edge in an aggressive rental market.
Be Ready for the Landlord’s Credit Check
Even before you start hitting up rental posts, get your paperwork in order. Gather things like proof of income, credit report, references from past landlords, and a copy of your ID.
Being ready with your documents shows you mean business and can give you the edge in an aggressive rental market.
A landlord may collect this information about your payment habits from previous landlords or by conducting a credit check. It’s important you understand your rights in these situations, so be sure to check your local regulations and be prepared. For example, here are the principles and guidelines to follow in Quebec.
Ignoring Tenant Insurance
Let’s talk about tenant insurance—a must-have for any renter! It protects your stuff from theft, fire, or water damage, so you can relax knowing your belongings are covered.
Plus, it can save you from financial stress if an accident happens in your apartment. Seriously, this is one safety net you don’t want to skip!
Navigating the rental market can sure be daunting. But by dodging these common mistakes, you’ll set yourself up for a smoother way to your future home.
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