Rental Pro

RENTING VERSUS OWNING

FIVE REASONS RENTING IS BETTER

ANNE MARSHALL

Here are five good reasons why renting is preferable to owning.

1. PROPERTY MAINTENANCE.

Shovelling snow, raking autumn leaves, mowing the lawn – outdoor tasks are your landlord, superintendent or management company’s responsibility, unless your lease dictates otherwise.

2. FIXTURE REPAIR. If your shower stops running properly, it’s your landlord’s responsibility to call and pay for a plumber.

3. ACCESS TO AMENITIES.

Pools, gyms, party rooms and libraries are all fairly common features of upscale modern apartment buildings. In addition, high-density housing is often situated in the heart of the city, close to entertainment and shopping.

4. CHEAPER INSURANCE.

Unlike homeowners, renters do not have to insure the property – only the contents.

When you get your renters’ insurance, expect to be paying approximately half of what you would if you owned your home.

5. LOWER UTILITY COSTS. Heating (or cooling) a larger space than that which you actually occupy is one of the downsides of home ownership. Rental units have more compact floorplans, and in the winter you may even benefit from ambient heat from the apartments around you.

Anne Marshall has lived in New York City, Glasgow (Scotland), Greensboro (NC), Toronto, and somehow ended up back in the fabulous small city of Guelph, where she grew up.

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PARKWOODSQUARE SQUARE

YOUR AMENITIES INCLUDE:

• security entrance • 24 hr emergency number • on-site management • indoor/outdoor parking • visitor parking • ensuite storage • AC suites • exercise equipment • window coverings • all utilities • great bus service • no pets policy

GREAT VALUE ALL UTILITIES INCLUDED

BACHELOR, 1, 2, & 3 BEDROOMS AVAILABLE 170 WATT ST., 190 WATT ST., 365 THAMES FOR LEASING INFO: 204-452-0110 EXT. 117