Eric Skicki

A Guide To Renting Condos in Mississauga

lease a codno

If you are looking to rent a condo in Mississauga, we compiled a checklist to make sure that you have not forgotten about anything.

The first thing you should know is that most leases for condos in Mississauga do require a one year commitment. If you do find something short term, it’s not uncommon to pay a premium of 30-40% more than market rate. Next, 95% of condos available for lease are unfurnished, which means you have to have your own furniture. Furnished condos can difficult to find, and rent for $300-500 more than similar unfurnished units.

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Before Submitting An Offer

  1. The first step to renting is to make sure that you have a job letter from your employer. The job letter usually should state that you are a full time employee, getting paid a certain amount of salary and that your position is permanent.  Landlords like to make sure that you are working and that you can pay your rent. If you do not wish to disclose your income, then you can contact us and we can help you out. Another option would be to have a job letter stating where you work and how much you roughly make.  

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      One Comment

      • Janelle says:

        Very important step:
        Ensure the person you are renting from is in fact legally entitled to rent the condo to you.

        There is so much emphasis on the tenant being financially credible but no steps checking that the ‘landlord’ is credible. If you are renting privately, ask for proof of ownership. We were caught in a scam (in Mississauga) where our ‘landlord’ was in fact illegally subletting our condo to us and not paying the true landlord.
        It might be awkward to ask, but considering so many condos in Mississauga are private rentals, it would be easy to get caught up in a similar situation. As a tenant you provide your landlord an incredible amount of information about yourself, you should be sure about who you’re renting from as well.

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