Renting Out a Room in Your House
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Fully Furnished House for Rent in Toronto - CIRCL PowerPoint PPT Presentation

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Fully Furnished House for Rent in Toronto - CIRCL

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Renting Out a Room in Your House

How can you rent out a room, while still

making sure your family’s safety stays

intact? Here are Four steps to ensure a

comfortable boarder situation where

everybody wins.

Look at Your Space

Before you do anything, identify the house, or

rooms, you have available to rent out. House

with access to a private bathroom, or

“basement room,” will get you more in rent than

smaller bedrooms.

Check Local Rents

Do you know how much other rooms and house

are going for in your area?

Use a site like to see how much

you can reasonably charge for rent based on

your zip code, and local rates.

Personally Interview Tenants

Once you start getting calls about the rent, it’s up to you

to personally interview each tenant. During the interview,

you can request to see proof of employment or student

status, and ask them about their living habits.

It’s also important to call the references they give you.

Check with their past landlords to see if they paid rent on

time, and if they left their apartment in good condition.

Do a Credit and Background Check

Once you’ve found a tenant you think might be

a good fit, do a credit and criminal background

check on them. Although it may seem like an

irrelevant step, doing a credit and background

check is money well spent, especially if you find

out your potential housemate has a rap sheet.

Contact Us

Address: 481 University


Suite 703



M5G 2E4



Telephone: (647)-560-4282

Email: [email protected]

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