Hey all, I landed in Toronto 4 years ago now. It is a really great city however there are many things to watch out for!!! Do you all have your housing and Jobs etc sorted out?
Toronto has many different areas all having different rent cost (if you are renting) The competition is harsh for rental so expect to find condos go the day the are advertised (there is no time to think here, you find a place and you go for it!) most people here will move either the 1st or the 15th of the month so you will need to time your move around these points in the month.
Landlord will always want your first and last months rent, however they will usually want a credit check too, however if you are New to Canada then your credit rating does not come with you - this is an issue as its hard to get a landlord to even look at you without a credit rating as there are so many more people lined up after you who do have the credit score they want! So bring the very latest credit score you have from your own country and lets hope this helps! Get a credit card in Canada as soon as you can!!! You need to build up your credit.
The downtown core will cost around $2000 per month for a one plus den or around $2500 - $5000 for a 2 bed 2 bath, King Street, Bloor Street and cabbage town are all expensive.
It is important to try to get a short term let before you either buy or get into a year lease, this way you can work with a realtor and get to decide which neighbourhood is going to be right for you!
