This Toronto Apartment Will Give You Free Rent Until Next Year If You Move In Right Now

Save some money before the new year.
Toronto Building Offers Free Rent Until 2021
Wellesley Apartments | CAPREIT Wellesley Apartments | CAPREIT
Contributor

If 2020 has left you looking for ways to save, this Toronto apartment is here to help.

The apartment is offering free rent from your move-in date to the beginning of next year!

The building, run by the landlord company CAPREIT, is located at 100 Wellesley St. E.

Editor's Choice: 8 Stores Canadians Had To Say Goodbye To Forever In 2020

“

Live rent free until 2021.

CAPREIT

The units offer open spacious floor plans, air conditioning, and balconies. There are a pool and gym on the top floor and even a convenience store in the building.

If you move in before the beginning of December, you can be eligible for a free month.

And if you make it in before the end of October — that's two whole months of rent saved.

Since the beginning of the pandemic, Toronto has seen a steady decline in rental prices as students and remote workers leave the city.

This has caused some landlords to get creative in their attempts to persuade tenants to move in.

Last month, a Toronto condo building was offering new residents two months of free rent and a cash bonus.

TorontoCanadaReal EstateReal Estate
  • Abby Neufeld
    Abby Neufeld was a writer at Narcity Canada. She received her Bachelor of Arts in English and Professional Communications at the University of Victoria. Her past work has been published in The Toronto Star, Bitch Media, Canadian Dimension, This Magazine, and more. In 2019, Abby co-founded The New Twenties, an environmentally-focused literary and arts magazine.

Canada's 'best city for renters' is this bustling spot with 1-bedroom apartments under $1,400

It beat Toronto by over 50 spots on the list!

GST/HST credit payments for April are going out early and here's when you'll get money

This credit offers hundreds of dollars!

Lotto Max winning numbers for Tuesday, March 31 are out and there's a $65 million jackpot

So many Maxmillions are available!

Canadian passport fees just went up but you could get your passport for free

The government is now offering refunds.

5 things to know about Canadian Jeremy Hansen's trip to the moon tomorrow

He'll be the first non-American to travel beyond low Earth orbit! 🚀

First Nations chiefs demand an apology after Carney said he could 'outlast' a protestor

"Shame on him for laughing at people who are sick and bullying a woman, and shame on those who laughed along with him."

Canada's new $2 coin is a light blue toonie celebrating the CN Tower and it glows in the dark

You could find it in your change soon!

Mark Carney reaffirmed his promise to bring back Canada's popular $5,000 home upgrade grant

Carney promised a bunch of green incentives during the Liberal leadership race over a year ago — but they still haven't materialized.

If you love Vancouver, you're definitely ignoring these 6 terrible things

Take it from me – a local who left.

The feds are spending a record $8B on an Air Force base in Labrador to 'defend Canada's North'

"At a time when the world is becoming more uncertain, our government is making the serious, long-term investments needed to ensure Canada is prepared, present and resilient in the North."