Ottawa hosts federal departments, embassies, and a growing tech sector. As a result, relocating employees need furnished housing on short notice. Corporate rentals solve this.
What Makes a Corporate Rental
For example, fully furnished units come with utilities and internet included. In addition, monthly terms replace annual leases. Specifically, these units sit near government complexes, the DND headquarters, or tech campuses in Kanata.
Key Neighbourhoods for Corporate Rentals
- Centretown — first, it offers walking distance to federal offices. One-bedroom corporate units run $2,500–$3,200 monthly.
- Kanata — second, it sits near Nokia, Ciena, and tech parks. Two-bedroom furnished units cost $2,800–$3,500.
- Westboro — finally, it mixes executive and mid-level placements. Units run $2,600–$3,000.
What Employers Should Budget
In particular, employers should review the monthly ranges below.
| Unit | Monthly Range |
|---|---|
| Studio furnished | $2,200 — $2,800 |
| 1 Bedroom furnished | $2,500 — $3,200 |
| 2 Bedroom furnished | $2,800 — $3,800 |
Timeline
Therefore, secure corporate housing two to four weeks before the relocation date. However, summer and September are tight — federal fiscal year transfers and student move-ins compete for inventory.
Frequently Asked Questions
Are utilities included in corporate rentals?
Yes. In short, corporate rental rates include hydro, water, heat, and high-speed internet.
What is the minimum stay for corporate housing?
Most landlords require 30 days. However, some accept two weeks at a premium rate.
Can I expense corporate housing as an employer?
Yes. In particular, corporate rentals qualify as relocation expenses under CRA guidelines when the move is work-related.