What are the monthly costs I should consider when renting in Guelph?

When renting in Guelph, monthly costs include rent, utilities (about $ 150 CAD/month), internet (approximately $ 60 CAD/month), renters' insurance (around $ 20 CAD/month), and for pet owners, pet fees which can vary. Your total additional monthly expenses could range from $ 230 CAD to over $ 300 CAD, on top of your rent. Always check with your landlord about what's included.

What are typical upfront fees and costs when renting in Guelph?

Typical upfront fees when renting in Guelph include first and last month's rent, a security deposit which varies by property (often half a month's rent), and sometimes a key deposit around $ 100 CAD. You may also face application fees. Expect to pay anywhere from $ 1,800 CAD to over $ 4,000 CAD upfront, depending on your rental's monthly cost.

What is the typical lease agreement duration in city of Guelph?

In Guelph, Ontario, Canada, lease agreements typically have a standard duration of 12 months, aligning with traditional renting terms across the country. After the initial period, the lease may transition to a month-to-month basis pending agreement between the tenant and landlord. This structure is common practice, providing clarity and stability for both parties involved. For more details, please visit http://www.ontario.ca/page/renting-ontario-your-rights.

Do I need to pay a security deposit when renting in city of Guelph?

Yes, when renting in the city of Guelph, tenants are often required to pay a security deposit, which usually includes the last month's rent. However, landlords cannot legally charge a security deposit for damages. It is important for tenants to understand their rights and obligations under the Residential Tenancies Act. For more information, visit http://www.ontario.ca/page/renting-ontario-your-rights.

How competitive is the rental market in city of Guelph?

The rental market in Guelph is highly competitive, with a low vacancy rate of about 1-2%. Demand often exceeds supply, especially for affordable housing options. This competitiveness can lead to higher rental prices and may require potential renters to act quickly when applying for available properties. Be prepared with necessary documents to enhance your application.

How does the rental market in Guelph compare to other regions in Canada?

In Guelph, the average rent for a one-bedroom apartment is around $ 1,600 CAD. This is more affordable compared to Toronto, where the price is about $ 2,300 CAD, but higher than in Moncton, where it's around $ 1,050 CAD. Guelph's market shows moderate competitiveness and prices when set against Canada's broader rental landscape.

Where are the most in demand rental areas in city of Guelph?

The most in-demand rental areas in Guelph include downtown Guelph, South End, and the area near the University of Guelph. Downtown Guelph offers vibrant living close to amenities and nightlife. South End is popular for its newer builds and family-friendly atmosphere. The University area is highly sought after by students for its proximity to campus and shared housing options.

Property for rent in Guelph - AllClassifieds.ca

Market status in Guelph

Our catalog on AllClassifieds offers a comprehensive overview of the real estate rental market status in Guelph (Wellington, Canada), showcasing the latest trends and offerings. The city features various dwelling types, with apartments leading with an average price of $ 2,700 CAD, an average size of 1,686 sqft, and representing 63.8% of listings. Houses follow with an average price of $ 2,400 CAD, an average size of 1,814 sqft, and 16% of listings. Condos make up 8.4% of listings, with an average price of $ 2,500 CAD and an average size of 1,552 sqft.

Nearby cities for commuters

Exploring alternatives to Guelph unveils Cambridge and Kitchener, each promising a unique mix of proximity and more affordable living compared to Guelph.

Cambridge, a short hop from Guelph, is notable for its lower average real estate price of $ 2,300 CAD. The commute in Cambridge is diverse, featuring a 17 km, 21-minute trip by car, and a 20 km, 40-minute journey by public transport.

Kitchener, nestled 25 km away by car from Guelph, showcases homes at an inviting average price of $ 2,000 CAD. Connectivity flourishes in Kitchener with a 29 km, 50-minute ride via public transport, and a 28 km, 92-minute trip by bike.

Each Guelph alternative enriches the quest for those looking to stay close to Guelph while finding a home that suits their budget and lifestyle needs, complete with varied commuting options to ensure easy access to and from Guelph.

685 Property for rent in Guelph listings are price checked

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apartment at N1H4X9, Ontario, Canada

apartment at N1H4X9, Ontario, Canada

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685 Property for rent in Guelph listings are price checked

Listings from torontocondoteam.ca, rentcanada.com and 11 more

Property value calculations

For Rent - Townhouse in Guelph, Ontario

1 bedroom, Guelph ON N1H 7H6

Apartment for Rent in Guelph

Two Bedroom Apartment Downtown Guelph!

Guelph Apartments for Rent at Westwood Road and Highway 6

Room for Rent in Fergus ON

1 Bedroom Sublet (Lease Available) - 12 Maple Street, Guelph ON

One Bedroom Condo - Guelph South End

apartment at N1H4X9, Ontario, Canada

apartment at N1H4X9, Ontario, Canada

south end townhouse for rent near U of Guelph

Townhome for Rent In Guelph South End 3 Bed 2.5 Bath

For Rent, Semi Detached in Desirable Guelph South End

1020 Paisley Rd.

Condo in 1 - Downtown

2 Quebec

Condo in 5 - St. Patrick's Ward

2 Quebec

Condo in 1 - Downtown

Condo in Two Rivers

Basement suite for rent, near university, park, pond, AC and WIF

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