Frequently Asked Questions

Student

What is key deposit?

A key deposit is payable at the time of signing. At the end of your occupancy, once your room is emptied and cleaned and keys returned, your deposit will be refunded to you by cheque in 4-6 weeks.

Are the units furnished?

All suites come fully-furnished.

How far is it from campus?

We're only 49 steps from Fanshawe College main campus.

Why is it a 3-year lease? Can you change it so that it's only 1 year?

What this means is that the initial contract you are signing will be for 3 years, and you have the option to end the lease yearly as long as notice is provided before the deadline. If no notice is provided, your lease will continue. More information will be provided in your lease agreement.

 

What payment methods available?

Rent and deposits can be paid by any of the following options; credit card or debit card on the resident portal, cheque payable to Foundry First.
 

Is the building pet-friendly?

We accept certified service animals and emotional support animals. Documentation and up-to-date vet records must be supplied to the management team with your application.

Is there parking available?

We have parking available via Honk Mobile on a first-come-first-serve basis. Average pricing can range from - covered parking $90/month and uncovered parking is $75/month.

Are utilities included?

Residents are responsible for their electricity within their suites. Gas, heat, water and high-speed internet are included in the monthly rent.
 

Is the building only for students?

Yes, Foundry First accommodates living for post-secondary students.

Is tenant insurance required?

​Yes, tenant insurance is required and coverage is automatically provided to you through Apollo Insurance, via your lease agreement.