Toronto Room Rentals | The luxury of having a flexible lease term
- March 16, 2022
The standard one year lease term doesn’t suit every individual, particularly those new to the city or relocating from another country. People that are arriving from a new place may want to explore different locations before deciding on a more permanent residence.
Some individuals would only require a certain duration to meet their near term residential needs. For example, a student on a four month work placement or a professional on an extended business trip would require shorter term duration of less than the typical one year term. There are flexible housing options to cater to these individuals such as subleases, month-to-month leases, school term leases, and transferable leases.
Although this would bode well for these individuals seeking a short term lease, it wouldn’t be in the best interest for the landlord. Finding the right tenant can be stressful enough for a landlord and taking on a lease term any less than one year would be far too great of a risk to assume. The uncertainty lies between when the current tenant vacates and when the next new tenant will occupy the residence.
At Homesgate, we can accommodate a person looking for a short term rental Toronto or a room for rent Toronto. Our tenant placement division takes care of this uncertainty because we have fully verified and credible candidates ready to be placed into any one of our available Homesgate Rental properties. We provide great flexibility for all of our Homesgate members. You no longer need to sign the long term one year contract. We can provide you exactly the duration that you need and we can even accommodate an extended stay if required.
Another key benefit of being a Homesgate member is our relocation option. Suppose you are currently living at a Homesgate Rental unit and your employer has transferred you to another office location much further away from your current residence. Rather than having to deal with a longer commute, our relocation option will allow you to transfer to another Homesgate Rental unit closer to your new work location. There may be a difference in price based on the unit and/or location. This option provides a great benefit because the individual can save commuting time.
Also, consider not having to find new accommodations outside of Homesgate Rentals. Imagine having to go through the verification and application process. It is an extremely time consuming and daunting task. Once you are verified as a Homesgate member, you won’t need to go through the process again.
We will take care of everything. So just pack your bags, relax and enjoy your new residence. Welcome Home!