With Toronto Luxury Rentals on the Rise, Trevisana Aces the High Life

If you consider the facts, luxury rental living could be the right choice for your housing needs. Recent census data shows that Canada’s homeownership rate is rapidly decreasing while the population in urban centres continues to grow at a staggering rate. It’s a unique moment in Toronto – on one hand we have this incredible real estate boom with thousands of new developments going up all over the city, and on the other our GTA rental market is depleted and under substantial pressure due to its lack of supply. In such an environment, renters are confronted with little choice when it comes to finding a place to live in the city. In another recent study, Ryerson City Building Institute and Evergreen found that around 8,000 new, purpose-build rental units must be constructed in the GTA every year till 2041 just to keep up with the ever-growing housing market.

As an alternative to home ownership and a solution to long commutes to the suburbs, more and more people are welcoming the idea of renting as a lifestyle strategy. Free from house maintenance, property taxes and high mortgages, these potential home-buyers are choosing to invest elsewhere, all without sacrificing their lifestyle. Luxury rental alternatives are becoming increasingly popular among millennials looking to live close to their desired neighbourhoods, as well as to empty nesters looking for a place they can downsize in without losing their quality of life.

In contrast to your average Toronto apartment unit, luxury purpose-built rentals are full of high-end amenities and furnishings. In addition to incredible comforts, flexibility, prime locations and high convenience, luxury rentals offer the opportunity to live in a space where every single corner has been designed purposefully by renowned local architects and interior designers. These purpose-built abodes aren’t short on style and sophistication and feature everything from highly functional kitchens to perfectly designed, European-style closets. Trevisana is often called upon by these architects and interior designers for just that – functionality, high design and quality. These are Trevisana’s top priorities and the very amenities luxury rental tenants are demanding.

Trevisana has a series of rental contracts signed for the next three years, meaning it’s scheduled to outfit roughly 1,500 luxury rental units. And while Trevisana’s kitchens are usually the showstopper in such spaces, its closet systems are not to be overlooked. Custom-tailored specifically for Canada’s urban dwellers and superbly fabricated in Italy, Trevisana boasts four different wardrobe models to suit every need. These options include the classic Coplanare, or flush sliding door. Thanks to minimalist opening and closing mechanisms – courtesy of superior hardware that promises smooth and silent closure – the doors’ materials and finishes take the spotlight, from matte lacquer and wood to glossy melamine.

Equally popular are Trevisana’s closets with hinged and sliding doors. While hinged doors allow the full use of available space by adapting itself to the architecture of a home, sliding doors make the bedroom a dynamic space with constant transformation and movement. And for those that prefer their closet barrier-free, Trevisana’s line of walk-in closets offer comprehensive, flexible compositions that intelligently maximize space while adding to the aesthetic value of the room. Trevisana has a solution for every aesthete and their storage needs, all in a variety of colours, materials and finishes.

So, while potential renters are confronted with little choice when it comes to finding housing in Toronto, there is respite in knowing that luxury rental living is a real possibility, with a multitude of lifestyle opportunities within reach. And with Trevisana at hand, outfitting many of these units, the potential for a luxury rental being the ideal choice, a perfect home, is more than high. Contact Trevisana today to learn more about its elegant closet solutions so sought after by the luxury rental market.

This content was created by Designlines on behalf of Trevisana.