East Coast City is Idyllic and Affordable

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Author: David McFarlane

The writer is associated with Canadian Apartment Properties Real Estate Investment Trust (CAPREIT), which is Canada's largest owner of multi-family rental communities; CAPREIT provides safe, secure, and comfortable accommodations in regions like Queens Avenue, Victoria BC Apartments for Rent,Aparment Rentals in Halifax and Apartments for Rent Toronto etc .

Halifax boasts a wide range of housing options for those looking to relocate to the east coast. A renter in Halifax can find accommodation in the city’s downtown core or in the more rural outskirts of town.

Everything from condominiums to semi-detached houses to century homes with an ocean view are available.

According to real estate market experts, Halifax is considered one of the most affordable cities in North America, offering a range of abodes for reasonable prices.

For example, Halifax Apartment Rentals are cheaper than those on offer in most major urban centers. To secure a two-bedroom apartment in Halifax, the rent is about $800. In Toronto, the same size apartment would likely cost more than double the price.

Most Apartments for Rent in Halifax tend to become available in the spring when students from the city’s 7 universities finish classes and leave town. Come September, the city fills again with up to 40,000 students each enrolled at Dalhousie University, King’s College, Mount Saint Vincent, Saint Mary’s, the Nova Scotia College of Art and Design or the Atlantic School of Theology.

The competition to find an apartment can be so fierce in the fall many students rent their apartments beginning in May and pay for their places through the summer months even though they are not there. This helps them avoid having to scramble to find an apartment at the beginning of the school year.

Even with the competition, the vacancy rate for a two-bedroom apartment is still relatively high at about 4 per cent. On average, about 6 per cent of three-bedroom rental apartments are vacant and ready for move-in.

With so many options, the onus is on renters to choose something that suits their desires and lifestyle. Most people visiting Halifax are immediately charmed by how accessible the waterfront is from the downtown core. Sightseers and residents alike access the shoreline from the boardwalk, taking in views of the bustling port and, further down, views of the greater Atlantic Ocean.

Point Pleasant park is one of the most popular spots in the city with a rocky beach opening out over the water and a series of trails winding through a forest where people walk their dogs.

People moving to Halifax can expect to enjoy themselves and do so at an affordable cost.

The author of this article is affiliated with CAPREIT, an investment property firm committed to providing safe, secure and comfortable accommodation throughout Canada. Helps in Finding Halifax Apartments for Rent also options are available to those interested in Renting an Apartment for Rent Halifax. For more information visit:- caprent.com

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