Anyone who plans to stay in Toronto for at least two months may get an executive rental apartment. The reason why it is called ‘executive rental’ is that given its amenities, furnishings, and services, an executive rental apartment can rival a hotel in terms of how comfortable and luxurious it is. Like hotels, these places are also located in safe and secure high-rise buildings. That said, they are far more cost-efficient than staying in a hotel for the same length of time, making it perfect for business trips.
Since the apartment is fully furnished, you don’t have to buy any furniture at all. Some executive rentals also have nearby meeting rooms, should you decide to hold a meeting with your staff and colleagues.
(1) Types of Properties for Executive Rental
Toronto has many kinds of executive rental properties. There are apartments, condominiums, and townhouses. These properties vary as to what floor they are on and how spacious they are; it depends on your budget and preferences. Nevertheless, since most of these properties are located in high-rise buildings, they come with panoramic views of the city below.
(2) Location, location, location
The last thing you would want is to end up in a place far from your office and prone to traffic jams. So when you’re looking for an executive rental property in Toronto, you have to consider location when you make your choice. Ideally, the closer to the centre of town your apartment is, the more convenient it would be for you. But as you get closer to Toronto’s business centre, expect rental prices and competition to increase, so you need to balance location with your budget.
(3) Safety and security
A businessman like you is a walking magnet for criminal elements, so you should rent a place that has ample security personnel to deter would-be burglars. In addition, the community it is in should have as low a crime rate as possible. According to the Toronto Police Service, Bay Street Corridor, Yorkdale Glen-Park, and Pelmo Park-Humberlea are the areas with the highest robbery incidents. Forest Hill South, Ionview, Maple Leaf, and Casa Loma have the lowest theft and carnapping incidents. Aside from security, your place should have fire exits and evacuation signs in case of emergency.
(4) Services and amenities
Some executive rental apartments offer room service, transportation, dry cleaning, laundry, and other kinds of services. Aside from comparing rental prices, you should also examine the types of services that each apartment has, to see which ones meet your needs. Also, remember that the quality of service in these apartments may vary, so you should also take that into consideration when making your choice.
Getting the right executive rental property is essential
The city of Toronto is an excellent place to close deals, meet clients and partners, and organize business conferences. At the end of a hard day’s work, you deserve to rest and relax. Hence, having a comfortable apartment where you can unwind is crucial. A temporary home of two or three months in the right executive rental property would go a long way in making your stay in Toronto worthwhile. We provide executive rentals in the heart of Toronto - get in touch today to see how we can help!