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January 29, 2024
4
min read

How to find a short-term rental

Relax: We got you. MoveBuddy’s guide to finding a short-term rental in Canada

There are lots of resources available for someone who is looking to move to another city. There is also lots of information for people who are going to be in a city for a short period.

The challenging part is finding good information about the in-between – what to do if you need a short-term rental. That is something that is for more than a month but less than a year.

When you need a short-term rental, you might find the market to be hidden. However, there are some ways to make your search go smoothly. Here are some tips on what to do if you need a short-term rental in Canada.

5 tips for finding a short-term rental in Canada

1. Set a budget

Set a realistic budget, considering short-term rentals may come with higher costs due to potential financial instability for landlords. Be prepared for adjustments in rental rates compared to long-term leases.

2. Know your location

Customize your search by adjusting location and distance parameters. If you're exploring a new city without a car, prioritize units near walkable areas or public transit options. Flexibility on location may be necessary, especially when aligning with your budget.

3. Do you need amenities?

Prioritize specific amenities like in-unit laundry, a fitness center, or a pool to make your short-term stay feel more like home. Understand that budget constraints might require compromises, so filter your search based on must-have amenities.

4. Furnished or unfurnished?

Consider your furnishing needs. Opt for a furnished apartment if you're a nomad or currently lack furniture. Understand that units with furniture may cost more than unfurnished ones, impacting your budget. Most rental search sites allow you to filter results for furnished units.

5. Contact the listing

Communicate directly with the listing. Request additional photos if needed and clarify any deposits and contracts. Ensure that the terms align with your requirements before finalizing the agreement.

In addition to the above, you should also consider the following if you are looking for a short-term rental in Canada

Don’t forget sublets

Explore subletting opportunities, particularly in areas with college campuses or high-demand rental markets. Subletting can be advantageous during school semester breaks or seasonal changes.

Understand local rules

Understand local regulations regarding short-term rentals, considering factors like homeowners’ associations and co-op building restrictions. Be aware of any legal limitations to avoid potential issues with the property or neighborhood regulations.

Work your networks

Leverage personal and professional networks for leads. Ask friends, family, and coworkers for recommendations, or check with your workplace's human resources department for potential work-related relocations.

When you follow a few simple rules, finding a short-term rental doesn’t have to be stressful.

Neither does moving. Bookmark the MoveBuddy’s Learning Centre to stay up to date on all the best moving and renovating tips and best practices.

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