Landlords and property managers across Canada are still offering move-in incentives and promotions in June 2022 to attract the best tenants for their vacant residential units. A review of listings on the Rentals.ca Network found that incentives abound in most major cities except for Vancouver, where rents are comparatively high.
Popular offers include one- or two-months’ free rent upon signing, cash bonuses, gift cards, or free cable and/or Internet service for a prescribed period. Older, renovated apartment buildings are most likely to offer signing incentives compared to new purpose-built apartments and rental condominiums.
Below are some examples of the renter incentives currently on offer for the month of June:
“Move in this summer and receive a $1,000 move-in bonus.” – torontorentals.com/toronto/the-torontonian-id272342
“Thirteenth month free rent, plus a $500 gift card from your choice of Amazon, Homesense, Costco or Wayfair.” – rentcanada.com/toronto-on/rentals/25399
“One month of free rent on a one-year lease, plus a $750 signing bonus (applicable on studios and one-bedrooms only) for any leases signed by July 1.” – rentals.ca/toronto/40-gerrard-st-e
“Qualify for $500 in gift cards if you bring your completed application and last month’s rent deposit back to the site within 72 hours. Gift cards will be awarded after move-in.” – rentals.ca/toronto/650-woodbine-avenue
“Move in this summer and receive a $1,000 move-in bonus” – rentboard.ca/toronto-on/45-dunfield-avenue/34152
“Student special: Receive a $250 signing bonus for referring a friend. Groups of two: Receive $200 off first month’s rent. Groups of three: Receive $225 off first month’s rent. Groups of four: Receive $250 off first month’s rent.” – rentals.ca/montreal/1430-rue-city-councillors-1
“Rent a two-bedroom and receive one of the following incentives: one month free rent on a one-year lease; two months free rent on a two-year lease; signing bonus of $250.” – rentals.ca/vancouver/
“Rent today and save up to one month with exclusive rates on TELUS Optik TV and high-speed Internet.at Varsity Square Apartments. Students receive a $300 move-in bonus.” – rentals.ca/calgary/4515-varsity-dr-nw
“Receive up to $2,544 off rent plus $300 move-in bonus on select suites and exclusive rates on TELUS Optik TV and High-Speed Internet.” – rentals.ca/edmonton/3624-119-st-1
“Special student promotion: Month-to-month renting for students plus a $500 move-in bonus with the option of one month free rent when leasing for three months and a $500 referral bonus.” – rentals.ca/winnipeg/389391-balmoral-street