What You Need to Know Before Renting in Vancouver

What You Need to Know Before Renting in Vancouver

With its stunning coastal landscape and mountainous backdrop, it’s no surprise that Vancouver was rated as one of the most livable cities in the world. However, it’s also one of the most densely populated. But don’t let that discourage you. It just means you’ll need to be strategic when looking for an apartment. To aid in your search, here’s what you need to know before renting in Vancouver.

Be Clear on What You Want

No matter where you are moving to, it’s important to know what it is you are looking for. How many bedrooms do you need? Are you looking for a furnished or unfurnished place? What about nearby amenities or transportation? Make sure to spend time outlining your specific needs before you begin looking. This will make it much faster and painless.

Research the Neighbourhoods

Like all major cities, there are many unique areas and neighbourhoods within Vancouver that have their own pros and cons and the rentals in each will vary in quality and price. If you have a larger budget and prefer something fancy and modern, Yaletown could be a good option. If you’re moving with your family and need something more practical, Metrotown might be better suited. Do your research and get to know the different neighbourhoods to find a few that will jive with your lifestyle and income.

Think About Transit Options

If you’ll be relying on transit to get around, Vancouver has a few different options the Skytrain, SeaBus, and other lines which you can find on Translink. Since commute times can vary and be slower depending on the area, we recommend looking up the routes near different neighbourhoods where you might be looking to rent.

Understand Your Rights as a Tenant

Whether it’s Vancouver or another city, it’s always important to understand your rights as a tenant. For example, if a landlord requests your bank account info or social insurance number, these are not legal requirements to rent. Learn all about what’s legal and what’s not by reviewing the B.C Residential Tenancy Act.

Give Yourself Lots of Time to Look

Vancouver is without a doubt, an expensive city. So, make sure you are prepared and fully understand what you can comfortably afford, taking your monthly rent and other expenses into account. Give yourself lots of time to look around to find the right place for you. 

Have Your Finances and Documents Ready

When you find a place you love, have your finances ready so you can get the ball rolling and claim the rental as soon as possible. Take a look beforehand to see what you’ll need so you can quickly commit and avoid missing out.

Confirm Rules and Regulations in Your Lease

Before you sign your lease, take the time to review it so you understand all the rules and regulations and what’s expected from you as a tenant. Be clear to understand the responsibilities of your landlord or property management company. If anything is unclear, don’t be afraid to communicate with them and ask questions to clarify.

Discover a range of modern apartments for renting in Vancouver at the CLV Group and InterRent REIT. You can find listings in various neighbourhoods, offered at different price points to suit your budget.  

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