WHY RENT WITH BAYVIEW REAL ESTATE



If you are looking for property to rent anywhere in TORONTO.....BAYVIEW REAL ESTATE should be your first port of call. We also do property management.
We value your time and have come up with a number of innovative solutions to ensure your rental journey is as efficient and straightforward as possible.
 
From easy online searches and applications to helping you set up automated rent payments and providing best of breed ongoing support, BAYVIEW REAL ESTATE  property managers can guide you through every stage of the rental process.  We are here to make renting easy and stress free for our valued clients.

We offer a number of useful services to help you find the perfect house or apartment to rent, including daily email alerts. Simply register your details and we'll send you customised messages based on your unique requirements.
 
Once you see a house or an a condominium you like, you can make an immediate request online and a BAYVIEW REAL ESTATE  representative will be in touch with you. We have a full range of products and services that will help make your property transaction as smooth as possible.

 

 


First Time Renters Guide 


So you have decided to rent for the first time and have found a property you want rent but what happens next?  Here is a summary of what you need to know before you sign your first residential tenancy agreement.

Applying For Your First Rental Property – What You Need

Many first-time tenants worry that because they cannot prove a rental history, they will not be able to rent a property.  Fortunately, every tenant has been a first-time renter at some point and there are a number of things you can do to strengthen your application.

If you previously owned your own home and have sold the property, the agent who handled the sale may be able to act as a reference for you.

And if you are currently living with your parents, you will require personal references. In some situations, you may also choose to have a parent co-sign your lease with you.

 

 



What to look For In A Rental Property 

Here Is A Summary Of What To Look For When Inspecting The Property 

The Outside

Make sure you spend time looking around the outside of the property and consider the following:

  • Is it in good condition?
  • Is the property secure? Have a look for deadlocks, window locks and other security features. The level of security can make a huge impact on your insurance.
  • Is there a garden and what maintenance is required? Does the landlord maintain the garden?
  • Has the property being burgled?
  • If you like gardening it is worth asking if you are able to add your touch to the garden
  • If there is a garden shed with junk it in, ask the agent if it is being cleared out
  • Does the property have a garage - does it have a roller door, is it electronic or manual?
  • If there is no off-street parking do you need parking permits?

The Inside

  • Is it in good condition? Is it clean, is there any signs of damp, mould, infestations of any kind?
  • Does anything need to be repaired?
  • Is there enough storage for all your stuff?  Consider if there is enough pantry space, clothes hanging space, linen space and areas for you to store laundry items such as brooms and vacuum cleaners and external storage
  • Is the property insulated?
  • Is there central heating or air conditioning and do these work?  If they are not working find out when they will be fixed
  • Will you be able to fit your furniture and items into the property? It is worth measuring the front door and rooms to ensure your furniture and white goods will fit in
  • Inspect the quality of kitchen items - are in good condition?
  • Does the property have enough electrical outlets and are they in the right place?
  • Does the property use Gas or electricity?
  • Are the bedroom adequately heated and do they have storage and curtains?
  • Check the bathroom - do you see any signs of leaking, does the shower work?

Safety Checks

  • Are there carbon monoxide detectors present?
  • Are there enough smoke alarms? Do they work?
  • Is there a way to escape in the event of a fire?

Budget Considerations

  • How much is the rent and what is included?
  • What other bills are there and what are you liable to pay for?
  • How much of a deposit is required? What are the conditions for the landlord deducting money from the deposit?
  • What are the estimated running costs of the property?
  • Can you comfortably afford the rent on top of the deposit and running costs?

Other Considerations

  • Does anything need to be repaired?  If so ask the landlord to put this in writing
  • If the landlord agrees to make repairs, get it in writing along with a time frame of when it will be fixed
  • Photograph the rental property including all inventory before you move in
  • Spend time reading and understanding the tenancy agreement
  • Keep a copy of the signed tenancy agreement for your own records
  • Check and record all metre readings on the day you move in and send a copy to your landlord / property manager
 

 

 

Applying For A Rental Property 


Tips To Get Your Rental Application Accepted

If you have found a property you would like to rent, the next step is to complete an application form.  The application form is your way of showing the landlord and agent that you are the best candidate for the property, that you are able to pay the rent and that you will look after the property as specified in the tenancy agreement.   Your application is reviewed against all the other applicants so making sure yours stands out is important.

There are a number of documents that are often required to accompany your application, therefore before you go house hunting it's worthwhile ensuring everything is up to scratch. 

What Should Be Included In The Rental Application:

  • Cover Letter
  • Rental History
  • Job Letter
  • Credit Score
  • Photo Identification
  • Reference Letters and Pay Slips
 

 


What Is A Residential Tenancy Agreement?

A residential tenancy agreement is a legal binding written contract between you, as a tenant or resident and a property landlord, is also commonly called a lease.  This document should be given to the tenant before paying any money or being committed to the tenancy.  Make sure you read it carefully and ask any questions.

 

 

 

Renting - Routine Inspection Checklist


Your landlord or real estate agent may carry out a periodic inspection of the property to ensure it is being well cared for and any routine repairs are made. This inspection may include the following:

  • The property is being maintained in a clean and tidy condition.
  • The grounds are being maintained in a clean and tidy condition.
  • The property is not being damaged in any way.
  • There are no more than the number of people specified on the tenancy agreement living at the property.
  • No pets are housed at the property, unless otherwise agreed to.
  • Any maintenance issues identified can be attended to.

 

 

 

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