There are so many online resources that make it easy to scroll through plenty of property rentals in just one sitting. You might have a few specifics in mind before you start looking, or you could be browsing to get some ideas. Amenities, square footage, and accessibility might all play a factor in your decision process. Other aspects that some renters might not consider include property management, how the rental is looked after, and who to go to in case of an emergency.
We’re here to help! If you are looking at a residential or commercial property for rent in Ottawa, read on to discover our suggestions on what to look for.
Commercial and Residential Property Rentals
Whether you are looking for a place to grow your family or somewhere to build your business, rental needs are distinctly unique from one person to another. Legal protections, maintenance and repairs, and even property values can differ depending on the type of space you are looking at. But some factors remain the same no matter the situation, making finding the right spot a rewarding challenge. These include the following:
Location, Location, Location!
This is likely the biggest deciding factor for many folks. Where you are in relation to transit, shopping, and restaurants is usually important to residential renters. For a business, it might make sense to focus on accessibility, such as a place where your customers can drive to you easily or walk in off the street to buy your products. For example, an industrial park might not be ideal for a bakery in the same way a landscape business wouldn’t want to set up shop inside a shopping mall.
The Cost Per Month
Most rentals list their prices online so potential tenants can decide if they can afford them before they apply. Potential renters should also pay attention to what the listed amount includes. While some places bundle in utilities like heat and hydro, others do not, which would then mean that you would have to pay additional costs. Residential and commercial residents will likely need an internet connection as well, something that few landlords offer in the rental price. In terms of affordability, you may also want to check your rental or commercial insurance premiums before deciding on an area.
The Overall Condition
As anyone who has gone on to see a property for rent after viewing it online knows, some places don’t always look the same in person as in photos. It is crucial that you inspect the property in person whenever possible, identifying issues such as any holes or tears in the floor or walls, the quality of the windows, and the water pressure, among other key areas of interest. Check to see if any furnishings come with the space. If the appliances are included, ensure they are in working order.
Rental Terms and Contracts
Every rental will have its own terms and contract for the person renting the space to sign. It will outline the amount of time the lease is for, as well as specific requirements the tenant must uphold. It is vital that these are reviewed thoroughly beforehand, as violating any terms could result in legal action. Ask questions about anything you don’t understand or inquire about things not listed in the paperwork, such as who pays for maintenance costs, or if you can paint the walls or change the flooring.
At Rent in Ottawa Property Management, we have years of experience with all kinds of properties. Our rental options extend throughout the city, offering you the opportunity to find the right fit for your unique needs. Whether you need to find residential or commercial property for rent in Ottawa, we can help. To learn more about our listings or for assistance, contact us.