Background credit and criminal check, first and last month cheque ready, and sometimes even references from employers or former landlords. There are limited spaces for affordable rentals in this expensive town, so be prepared to be interviewed and go up against others vying for the same area. Make sure when applying your look neat and presentable, every bit helps. === It depends on your income, but I can tell it is expensive here. === As a new immigrant, what do you need to rent an apartment in Toronto, Canada? Much money. Toronto’s rentals are costly. Also, you might learn to stop referring to it as “Toronto, Canada.”