If you’ve just arrived in Canada and are looking to rent a home, navigating the process without a local credit history or employment record can be difficult. That’s where SingleKey’s Rent Guarantee Program can help. It offers landlords peace of mind and gives tenants like you a better chance of getting approved—even without a long financial track record in Canada.
Whether you’re employed, currently unemployed, or arriving as a refugee, here’s a breakdown of the documents you’ll need to qualify.
🧾 For Employed Newcomers
If you’re working in Canada or transferring from an employer abroad:
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Proof of Income
This could be a job offer letter, recent pay stubs, or a transfer letter from your previous employer if you’re continuing employment in Canada. -
Government-Issued ID and Immigration Documents
Acceptable documents include your passport, work permit, or study permit. -
International Credit Report
If available, this can be used to demonstrate financial reliability when Canadian credit history is not yet established.
🧾 For Unemployed Newcomers
If you’re not currently working but have savings:
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Proof of a Canadian Bank Account
This shows your ability to receive and manage funds in Canada. -
Proof of International Savings
Include bank statements or other documents confirming savings in your home country. -
Rent-to-Income Ratio Based on Savings
Your monthly rent must not exceed 50% of your total savings (converted to CAD). This ensures financial sustainability. -
Government-Issued ID and Immigration Documents
Such as your work permit, study permit, or passport. -
International Credit Report (if available)
🧾 For Refugees
If you’re arriving in Canada as a refugee:
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Government-Issued ID and Immigration Documents
This can include a refugee claimant document, work/study permit, or passport. -
Proof of Income or Savings
Whether from employment or savings in Canada or abroad. -
Proof of Government or Organizational Support
If applicable, such as government funding or aid from a settlement organization (e.g., common for Ukrainian refugees).
🚀 Bonus: Apply for the Tenant Passport
If you don’t yet meet all the Rent Guarantee criteria or want additional support in securing a lease, you can apply for the Tenant Passport—a powerful tool offered by SingleKey.
What is the Tenant Passport?
It acts like a rental guarantor for tenants. It helps landlords feel more confident about approving your application—even if you’re new to the country.
You may qualify if you have:
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No bankruptcies or evictions on your credit report in the past three years
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At least one employed household member
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A Rent-to-Gross Income Ratio under 45%
👉 Join the waitlist here to boost your rental application with the Tenant Passport.
