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Why Renting a Furnished Home Is Beneficial for Millennials

Posted by Doriana Zohil-Morton on December 14, 2018
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In this day and age, renting a furnished home is no easy task, especially for Millennials who are just starting to make their way in the world. With an expensive housing market that offers very little living space, many Millennials are forced to resort to finding creative and unconventional living situations. And if they can’t find what they’re looking for on the market, then they need to forge their own path and come up with unique living solutions. Furnished apartments eliminate the often expensive chore of purchasing appliances and furniture sets, which can help offset a great deal of the costs that are associated with living in a big city.

Since studies show that Millennials are more likely to move to different cities for new job opportunities than preceding generations, they need to find reasonable ways of saving money in the process and renting a fully furnished apartment is a step in the right direction.

Reasons to Rent a Furnished Apartment

As mentioned, an increasing number of Millennials are moving to big cities to find or accept new job opportunities. On average, Millennials tend to stay in the same job for about 4.4 years, which means they’re constantly on the move. Not only is all of that relocating exhausting on the mind and body, but it can also drain your bank account if you’re not practical with your spending habits. Aside from that, the astronomical cost of moving alone is enough to make the hairs on the back of your neck stand on end.

Imagine having to lug large pieces of furniture halfway across the country or even a few hours away from where you currently live. Then, there’s the chance that not all of your furniture will fit in the space that you’re relocating to. In that case, you’d have to either sell your existing furniture and purchase new pieces or rent a storage facility and purchase furniture that fits your space. With that said, here are a few reasons why it makes much more sense to sell your furniture and look for a furnished home for rent in Toronto.

Millennials Are Looking for Cost-Effective Furnished Apartments

When it comes to finding a suitable living space, unfortunately some sacrifices must be made, and Millennials are learning this the hard way. Renting a furnished home in a major city like Toronto means that you can alleviate at least some of your moving expenses. You won’t have to worry about hiring movers or renting a moving truck to transport your appliances and furniture for you. Everything will be appropriately set up for you and the fewer items you have to move in, the easier the transition will be.

Easier Relocation Process for Millennials

The relocation process is challenging enough without having to add on the cost and hardship of moving your furniture with you. Adjusting to a new city and getting your bearings can be difficult and in many cases, it takes a great deal of time to get used to your new surroundings. Spending less time moving in and more time familiarizing yourself with your new neighbourhood is a much more constructive use of your time. A fully furnished apartment in Toronto allows you to have more free time to explore your new home and check out some of the local restaurants, activities, and amenities.

Tips for Millennials Searching for a Furnished Home to Rent in Toronto

Whether you’re relocating for school or work, it’s important to have a strong sense of what it is you’re looking for in your new home and how it can serve you better than where you currently are. Millennials typically want to live in an urban environment that’s within close proximity to their workplaces and steps away from public transit. These are both excellent starting points. With that in mind, here are a few more tips on what you should be looking for when renting a furnished home in Toronto:

A Safe, Quiet Neighbourhood

As much as you might be craving the hustle and bustle of Toronto’s downtown core, constantly hearing sirens, music from local establishments, and cars driving by and honking at each other can get very irritating very fast. These are the sights and sounds of a busy city and in most urban areas. Instead, look for furnished apartments in those quiet, safe, and clean pockets of the city. Believe it or not, they do exist and you’ll be much more comfortable knowing you can get a good undisturbed night’s sleep and still be a short walk away from the nearest public transit station.

Get a Good Feel for the Urban Culture

Always keep in mind that you may have to live in the big city for an indeterminate amount of time, depending on how long you end up working for the company that’s hiring you. For that reason alone, it’s imperative that you actually enjoy the big city life. Otherwise, you risk being miserable a great deal of the time. When looking for a furnished home to rent in Toronto, try to scope out local neighbourhoods and get a good feel for the vibes in your vicinity before actually making the move.

Make Sure It’s Within Close Proximity to Your Workplace

If the whole point of you relocating to a new city is to be closer to your new or existing job, then make sure you’re actually within close proximity to where you work. Otherwise, there’s no point in moving to a furnished apartment for that reason alone.

MAC Furnished Residences Inc. offers world-class luxury suites that are fully furnished for rent in Toronto at an affordable rate. Complete with state-of-the-art appliances, routine cleaning services, and all the upscale amenities you could ever want, our accommodations are second to none. Contact us today to see for yourself what all the fuss is about! We can also help you find furnished apartments through our brokerage MAC Real Estate Services Inc. and help facilitate a smoother transition with and MAC Relocation Solutions.

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