Residence Rental Rates
When you arrive at Residence and sign your Rental Agreement, you are agreeing that you will pay rent on or before the 1st of every month. If your rent is going to be paid through student loans, post dated cheques or in lump sums, please let the administration staff know this when you sign the Rental Agreement.
The current rental rates for 2011-2012 are as follows:
- 4 Bedroom Towers $420 per month per person
- 4 Bedroom Cluster Rowhouse's $490 per month per person
- 4 Bedroom Block Rowhouse's $535 per month per person
- 4 Bedroom Rowhouse's Apprentices $135 per week per person
- 2 Bedroom Rowhouse's $540 per month per person
- Bachelor Units $560 per month
- 2 Bedroom Disabled Units $540 per month per person
- 4 Bedroom Family Units $900 per month
- 2 Bedroom Family Units $770 per month
The rental rates for 2012-2013 are as follows:
- 4 Bedroom Towers $440 per month per person (rate in effect as of May 1st)
- 4 Bedroom Cluster Rowhouse's $505 per month per person (rate in effect as of May 1st)
- 4 Bedroom Block Rowhouse's $555 per month per person (rate in effect as of May 1st)
- 4 Bedroom Rowhouse's Apprentices $138.75 per week per person
(rate in effect as of Sept. 1st)
- 2 Bedroom Rowhouse's $565 per month per person (rate in effect as of May 1st)
- Bachelor Units $580 per month (rate in effect as of May 1st)
- 2 Bedroom Disabled Units $565 per month per person (rate in effect as of May 1st)
- 4 Bedroom Family Units $935 per month (rate in effect as of July 1st)
- 2 Bedroom Family Units $800 per month (rate in effect as of July 1st)
Summer Bookings $40 per night, per person (Group rates are also available)
Rental payments can be made at the Residence Administration Building, and can be paid with cash, debit, Visa, Mastercard, American Express, or a cheque made out to RDC. Students must be prepared to pay their September rent upon move-in! Rent can also be paid at the College Cashiers.
Tenant's Association Fee
Every student (single student or family), must pay a $25 Tenant's Association fee for each academic year. This fee is due in September of each year. Apprentices pay a $1 per week fee for the Tenant's Association, when they move in. This is a one time, non-refundable fee. To learn more about the Tenant's Association, and what your $25 goes to, click here.
Residence Parking Fee
The current 2011-2012 parking fees are:
- $320 for September to April
- $390 for September to June
- $14 per week for apprenticeship students
The 2012-2013 parking fees are:
- $345 for September to April
- $420 for September to June
- $15 per week for apprenticeship students (rate in effect as of Sept. 1st)
To learn more about parking at RDC, click here.
Security Deposits
Every Residence tenant is required to pay a security deposit prior to their arrival for that academic year. To learn more about security deposits, click here.
Deadlines
Whenever rent for Residence is due, you have on or before the first of that month to pay it. Any other fees such as damages fees or violation of the behavioral standards fine are all due within one month of the date on the bill. If deadlines are not met, a letter will be sent to you indicating that your account is in arrears, and the possibility of eviction may follow. If, when you leave Residence and turn in your keys, you are still owing on your account for damages or violations, your security deposit will be used to cover what is owed on your account.
Termination of Lease Fee
If you chose to break your Residence Rental Agreement Lease, you must pay a $50 termination fee. Also, if you are breaking your lease because you are planning to move out early, you must give the Residence Administration staff a minimum of one calendar month's notice, and fill out a notice to vacate form. One calendar month's notice is NOT the same as 30 days notice. You must give notice one full month prior to the month you want to move out. For example, if you plan on leaving on October 31st, you must give notice by October 1st. If you do not give a full calendar month's notice, you will be responsible for the following month's rent. Your keys must be handed in by noon on your stated move out day. Rent will continue to be charged daily until your keys are turned into the Residence Office. To learn more about your Residence Rental Agreement Lease, click here.
Damage Costs
During your stay in Residence, if you are responsible for any damages in your unit or on campus, you will be responsible to pay for said damages before you move out. If the damages have not been cleared from your account at the time of your move-out, your damage deposit will be used to clear your account of all outstanding debts relating to Residence. For more information on damages and damage costs, click here.