For lease Guide, MLS Info

2017-11-15

(Last updated on 2021-9-16)

Documents to be provided when renting a property:

For student, please provide Government Issued Photo ID (driver license/passport/permanent resident card), Rental Application, student card, University admission letter, study permit，Visa, Credit report.

For person with job, please provide Government Issued Photo ID (driver license/passport/permanent resident card), Rental Application, employment letter, Pay Stub, Credit report.

Email documents to: charliebian@icloud.com

Credit Report can be obtained (free of charge) by the following links: Please provide the equifax report, equifax is landlord preferred credit report, if you have issue to get equifax credit report, you can try borrowell, but again landlord prefer the equifax credit report. 
https://my.equifax.ca/consumer-registration/?lang=en


https://borrowell.com/free-credit-score

Rental Application Link: https://www.charliebian.com/410-rental-application/
Please click above link to download the rental applicaton form and Please ensure to fill all required info:

  • Two (2) previous address with landlord name and contact info,
  • Two (2) previous detail job or two previous school info if you are student,
  • Two (2) personal reference with relation to you/phone number/how long you know/job/address.

Please Email All documents to: charliebian@icloud.com

Documents/Things to prepare before moving in：

  • Post dated Cheque or EMT for the key deposit
  • Post dated cheque: for monthly rent payment for the remaining months of the one year lease term.
  • To purchase tenant insurance: you can follow this link to purchase Click to buy tenant insurance or https://www.squareone.ca/charlie-bian
  • Utilities (Water, Electricity, Heating) account opening: Confirm the utilities company with landlord and open account online or by phone.

How to read MLS listing:

  • Taxes, asking price and address
  • DOM – Days on the Market. If a property has been on the market longer than average (which is about 26 days right now in Toronto) there may be good negotiating opportunities (or something wrong with the property).
  • Rms: this refers to the number of rooms
  • Bedrooms: number of bedrooms – a +1 would usually indicate a den
  • Washrooms: number of washrooms – 1×4 means a 4 piece bath with tub with shower, 1×3 means a 3 piece bath with tub or shower, 1×2 is a powder room with no bath or shower
  • Occup: This will tell you if the unit is occupied by the owner or a tenant
  • Possession: This is the Seller’s ideal closing date
  • Heat – what kind of heat is in the building?
  • Apx age – the age of the building
  • Apx sqft – the size of the unit in sqft- usually a range
  • Exposure – this refers to whether the unit is facing east, west, north or south
  • Pets perm: This refers to whether or not pets are permitted in the building – most condos have restrictions based on number of pets and size
  • Maint – this refers to the monthly maintenance fee
  • A/C – does the condo have air conditioning?
  • Central vac – does the condo have a central vacuum system?
  • Elev/Lift – does the building have an elevator?
  • Taxes incl – are taxes included in the maintenance fee? (usually no)
  • Water incl: are water charges included in the maintenance fee? (usually yes)
  • Heat incl: is heat included in the maintenance fee?
  • Hydro Incl: is hydro included in the maintenance fee?
  • Cable TV incl: is cable tv included in the maintenance fee?
  • CAC Incl: is central air conditioning hydro included in the maintenance fee?
  • Bldg Ins Incl: is insurance for the building included in the maintenance fee ? (usually yes, but this of course would not cover your own condo contents)
  • Prkg Incl: is the maintenance fee for the parking spot included in the maintenance fee?
  • Balcony – this refers to a private balcony or terrace, not a common space
  • Ens Lndry: does the unit have ensuite laundry?
  • Lndy Lev: what floor is the laundry located on?
  • Garage: where the parage
  • Park/Drive: where is the parking space
  • Park Type: is the parking space owned or rented?
  • Park Spcs: # of parking spaces
  • Park $/Mo: extra monthly fee for parking
  • Prk Lgl Dsc: this is the parking legal description (which is not usually the same number as the real parking spot)
  • Bldg Amen: will list some (but usually not all) of the amenities in the building
  • Common Elem Incl: are the common elements included in the maintenance fee? (it’s always Y for yes)