Site Monitored by a Canadian Lawyer

Place to Live

Housing

Finding a Suitable Place to Live in Canada

The first and foremost decision to be taken right after your arrival to Canada is finding a suitable place to live. You can go for a rented apartment or can purchase an apartment/house depending on your affordability and budget. Purchasing a home is difficult since newcomers don’t have a credit history with Canada, thus renting is the most feasible option for most newcomers.

The simplest and most effective way of searching for a residence is to go through the classified advertising section of the local newspaper or finding a local real estate agent. You will surely find a property of your choice within few days of your arrival in the country if you take these steps.

The popular way of buying a home in Canada is contacting a real estate agent. They’re the professionals who aid with the buying and selling of properties in Canada. It’s possible for a home owner to attempt to sell their own property themselves. You might come across homes having “For Sale” signs posted on the front lawn, some have real estate companies listed and others can be For Sale by Owner. You can approach the owner and negotiate on the price of the property. You can even browse through the real estate websites advertising the houses for sale (www.MLs.ca). Some research can help you to find a great property that is perfect for you and your family in your first home in Canada.

One important aspect to attain the eligibility of buying or renting a property in Canada is to have a good credit history in the country. If you are renting a house, then the house owner will take your credit history to determine whether you are dependable to meet the obligations associated with paying the rent. In case you want to buy a home by securing a loan from the bank, then your credit history will be critical for determining your eligibility for a loan. If you want to gain additional information on how to accomplish and maintain a good credit history after your arrival in the country, browse through, Financial Consumer Agency of Canada website. Financial Consumer Agency of Canada Website.

Know more about:

Related Documents

Procedural Guidelines

Apply Now

Complete this form to help us assess your immigration application.

Free Assessment Form