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Welcome Home

Welcome to your home away from home!

Because when it comes to extended-stay housing, service is important

As the leading independent corporate housing provider in Toronto for more than 20 years, we’re often asked how we do it:  How to we continue stay successful and independent in a landscape which seems to push everyone towards big corporate conglomerates?

We think it comes down to three simple things.

1. We’re 100% Canadian (and so is most of the stuff in our suites)

You probably already know that we’re famous for having our own proprietary, bedbug-preventing linens and bedding in all our suites. And that we’re proudly Canadian-owned.

But you may not know that virtually everything in our furnished suites, from linens to furnishings to toiletries, are also Canadian-made. When you’ve been in the industry as long as we have, you learn that it almost always makes sense to choose Canadian suppliers whenever possible. It’s the quality, reliability and sustainability that we feel good about – and our guests notice.

2. We get to know our clients and guests

Many of our corporate and insurance clients have been working with us for years, and some of our guests have been staying in TLG suites every time they’ve come to town for 10 years or more. Why? Because as a boutique corporate housing provider, we’re able to get to know our clients and guests in a way that the big corporate guys just can’t. We know the neighbourhoods they like best, whether they need the fridge stocked upon arrival – even which kind of pillows they prefer.

It’s this kind of long-term relationship that ensures that everyone who stays with us really does feel like a TLG suite is just as good as home (and sometimes a little better).

3. We make it seamless

We know there’s nothing worse than landing in a new city late on a Sunday night, desperately needing working wifi and a good night’s sleep, only to find that there’s no one to let you into your furnished suite, or the internet’s not working, or there’s no soap in the bathroom. And it’s not like you can call the home office at 9pm on a Sunday.

Our clients – relocation companies, HR departments, insurance companies, and individuals – come back to us year after year because they know that they never have to worry. Their suite will be waiting for them, their keys will be available, and in the rare event that there is a problem, we have a real live person on-call 24/7. (And our welcome bags mean that there’s always a snack and toiletries, no matter what time it is.)

Sometimes it makes sense to think small

We think that when it comes to a ‘home from home’, thinking small is actually an advantage.  Because when a company gets to know you, you can trust that you’ll have a stay that works for you – no matter what your preferences.

Toronto neighbourhoods

6 ways to feel like part of the neighbourhood

…whether you’re moving across town or across the country

People often assume that it’s the big, long distance moves that are the most difficult: Moving to another province, or even another country, to take a new job or because you’ve been relocated for work seems like it will require more adjustment than moving to a new neighbourhood within the same city.

But for those of us who have lived in Toronto can tell you, when you live in a big city, sometimes moving across town can seem just as tough. Famously called “a city of neighbourhoods”, with more than 140 distinct ‘hoods, it can be just as hard to find your feet even though you’ve only moved a couple of kilometers down the road.

A sense of belonging is important, no matter where you live

Here are our 6 tips for making yourself really feel like you’re part of your new neighbourhood, no matter how far you’ve moved.

1 Walk everywhere. Going for regular, long walks in your new neighbourhood is the quickest way to make you feel at home. Walking allows you to experience the neighbourhood in an up-close-and-personal way that just isn’t possible if you’re driving. You can stop into the local stores, get a feel for which restaurants are loved by the locals, and over time you’ll start to exchange greetings with familiar faces on your route.

2 Shop and eat local. Every neighbourhood has a great corner store, a produce market, a weird little ‘everything’ store and a mom-and-pop restaurant (yes, even suburban neighbourhoods have one or two – you just have to look). Make a point of shopping and eating in these places, and soon you’ll feel like a ‘regular’ who’s welcomed by familiar faces.

3 Invite people to your new place. It’s funny: A new home will almost immediately feel more ‘homey’ when it’s filled with friends and family. Host a dinner, have a cocktail party, ask a couple of friends over to watch a movie – creating memories in your new place will transform the way you feel about it.

4 Don’t hesitate to leverage your dog or your children. If you’ve got a dog, take it to the local dog park (and every neighbourhood has one, even if it’s unofficial). Dog park regulars tend to be friendly and happy to make small talk with other dog owners. If you’ve got little kids, find the local park or play area – once you’ve seen the same parents a couple of times, it’s seem natural to chat a bit. And if you’ve got kids who are starting school in your new neighbourhood, join the PTA or volunteer for something at the school. It’s amazing how ‘at home’ you’ll feel once you’re on a “Hi, how are you?” basis with some familiar faces in your neighbourhood.

5 Join the online community. Many neighbourhoods in Toronto and elsewhere have private Facebook groups or websites created and used only by residents to discuss local events, improvements, city government, garage sales – all the little things that make a neighbourhood a community.

6 Get out of your comfort zone (at least a little bit). In Toronto, most neighbourhoods have lots of small, ethnically-diverse restaurants, serving everything from Ethiopian to Vietnamese to Hungarian to Mexican cuisine. Try some of them, even if you’re not sure whether you’ll like the food. Chances are you’ll find something on the menu that appeals, but in the meantime you’re expanding your horizons and creating new memories in your new home – and that’s the way to make it really feel like home.

Toronto's Waterclub II furnished suites

Fantastic furnished suites in Queens Quay’s Waterclub I

Gorgeous views, terrific amenities, and the comforts of home

Suite in Waterclub condo Toronto

If you’re visiting Toronto for a month or more, our 1 bedroom + den furnished corporate housing suites are the best way to get all the benefits of the city. Located within steps of both the business district and some of the best entertainment and waterfront living, our suites deliver more than a hotel ever could. The 24-hour concierge and building amenities mean you can enjoy every moment of your stay, whether you’re here for work or play.

Details of these suites:

  • Full kitchens which are fully equipped dishes, utensils and cooking equipment
  • 24-hour concierge
  • Fitness centre with steam room and juice bar
  • Indoor-outdoor swimming pool
  • Full bathrooms with tub
  • Desk space (with terrific views)
  • All suites have balconies
  • Pets are welcome (with some restrictions)

These suites are a great way to take advantage of the best of Toronto, all within a few minutes’ walk.

For more details about this suite, click here.

To arrange to view this suite, contact Mary Casey at maryc@todaylivinggroup.com or call us at 416.213.8881 x228

Furnished suite in Harbour View Estates

Beautiful furnished suites in Mariner Terrace

Welcome to our furnished extended-stay suites in downtown Toronto’s Harbour View Estates. When you need a home base in the city for a month or more, these are a perfect choice.

Furnished suites in Harbour View Estates

Great suites, great location, and great amenities

  • 1 bedroom + den with more space than you’re used to in a downtown condo
  • Floor-to-ceiling windows mean spectacular views of downtown Toronto and the waterfront (especially beautiful at night, by the way)
  • Fully equipped kitchens with stainless steel appliances, and ensuite washer and dryer
  • Fantastic 4K smart TV
  • Queen or King-sized beds
  • The amenities include access to the famous Superclub, with 30,000 sq ft of facilities including swimming pool, sauna, whirlpool, steam room – and even a bowling alley

Doesn’t this sound like a great alternative to staying a hotel when you’re in the city for a month or more?

For more information on these suites, click here.

Want to rent your condo but don’t want to have to manage it on a day-to-day basis? We can help. Just get in touch.

Today Living Group condos for rent

SUITE SPOTLIGHT: The Logan Residences

You really, really can’t beat this location

Condo for rent at the Logan Residences
Instagram-ready kitchen

Welcome to one of the best neighbourhoods to rent a condo in Toronto

Be the first to rent this condo (a 1 bed, 1 bath unit at the desirable Logan Residences).

The Logan is an impressive six-storey boutique condo nestled in the heart of Leslieville. Located on Queen Street East at Logan Avenue, this residence is connected to trendy restaurants and coffee shops, vibrant parks, electric local merchants, and convenient transit options.

Only minutes to the DVP, the downtown core and the Beaches. Designed by Giovanni Tassone Architects, the warm brick exterior takes cues from the architecture of the surrounding area. Combined with the perfect greenery designed by landscape architects Wilk Associates, The Logan offers the ultimate balance of tranquility and city life.

Features

You’ll love the super-modern, sleek kitchen and bathroom. But you may love the large private terrace even more.

Amenities

Enjoy approximately 1,000 sq.ft. of indoor amenity space including a gym, bookable meeting/dining room and a dog wash station steps from the lobby. Convenient mail-room and bicycle storage room located on the ground floor.

The Logan also features 2,000 sq.ft. of outdoor amenity space located on the rooftop. This outdoor oasis features community gardening plots, BBQs and dining spaces and green roof. It’s the perfect place to unwind and escape the hustle and bustle of everyday life with a breathtaking view of the city skyline stretching across the horizon.

Cost of living in Toronto 2019

Cost of living in Toronto 2019

What does it really cost to live in Toronto?

Whether you’re being temporarily relocated for work or are planning a permanent move to the city, you may have heard that Toronto has been called one of the world’s most expensive cities to live in.

It’s true that housing costs in Toronto and the surrounding suburbs have continued to rise dramatically in the past few years: Buying a detached house can easily cost $1 million, and the ‘average’ rent for a one-bedroom apartment downtown can easily run to $2100/month.

However, these ‘average’ costs don’t tell the whole story. On a day-to-day basis, Toronto is still far less expensive to live in than many cities: Big cities like Hong Kong, London and Rome tend to be more expensive across the board, not just in housing; and cities like San Francisco and New York have even more extreme housing costs that force many people into extra-long commutes into the city for work.

So what will it really cost you to live in Toronto?

FOOD COSTS

In downtown Toronto, you can buy groceries at convenience stores, ‘specialty’ stores (like Whole Foods) or at regular grocery stores. In the past 5 years, the growth of condos means that there are more full grocery stores in the downtown core, which means you aren’t limited to the higher-priced convenience and specialty stores. However, higher rents mean that costs in these grocery stores will still be more than you might pay in the suburbs – and definitely more than you’ll see in a Walmart 20 minutes from downtown.

Lunch downtown/business district                       $17 (no alcohol)

Dinner in a mid-priced pub                                     $25 (no alcohol)

2l of 2% milk (carton)                                               $5 specialty/$4 grocery

Loaf of bread                                                               $4-5 specialty/$3-4 grocery

Ground beef, 1lb                                                         $6 specialty/$5 grocery

HOUSING COSTS (RENTAL)

Again, it’s important to remember that when housing costs are represented as ‘averages’, they reflect a huge differential in price across location, amenities, etc. The prices we’ve indicated below reflect the fact that most downtown Toronto properties are considered above-average in quality, amenities and location.

1 bedroom apartment, downtown                         $2200/month

1 bedroom apartment, suburbs                               $1900/month

2 bedroom apartment, downtown                         $2600/month

2 bedroom apartment, suburbs                               $2100/month

Utilities, 1 bedroom apartment                                $150/month

TRANSPORTATION

Many people living in downtown Toronto – especially those without children – don’t bother owning a car, instead renting from Zipcar or another car-sharing service, taking Uber or taxis, or using public transportation. The TTC (Toronto’s public transit system) has good coverage in the downtown/midtown areas.

One-way ride on TTC, 1 adult                             $3.25/$3.10 with Presto card
(includes transfers between subway, bus and streetcar)

Monthly transit pass, 1 adult                               $151.15

Cab fare, downtown to midtown                         $22 exclusive of tip

Gasoline, 1l                                                               $1.23 (June 2019)

ENTERTAINMENT

Toronto has a wildly diverse entertainment scene, from $15 tickets for indie plays to $200+ for a Saturday night showing of Kinky Boots at the Royal Alex theatre. Here are some examples.

Movie ticket, 1 adult                                       $15

Martini, high-end cocktail bar                     $22

Beer, pint, average pub                                 $8

Large coffee, Starbucks                                 $4-5

Art Gallery of Ontario, 1 adult                     $25 (free for anyone under 25)

Sales tax in Toronto (and throughout Ontario) is called HST, the Harmonized Sales Tax. It will add 13% to most things you buy, except for some items such as books, children’s clothing and feminine hygiene products. Non-Canadians may be able to apply for a rebate on the tax they’ve paid once they’ve left the country.

OVERALL

Toronto’s not a ‘cheap’ city to live in, but as Canada’s largest, and arguably most cosmopolitan and business-oriented city, the day-to-day cost of living is well in line with other countries’ big cities, and certainly less expensive than places like Geneva, where a McDonald’s combo can (notoriously) be as much as $20 USD.

If you’re planning to visit and want a more detailed breakdown of costs, Numbeo’s got a great overview you can find here.

You bought a great investment condo. But do you really want to be a landlord?

Corporate housing manages condos for owners

 

Congratulations – you’ve just bought a condo as an investment in the super-hot Toronto market!  If you’re not in too much of a hurry (property fast-flipping can be risky), you’ve probably made a good investment, especially if you’ll have tenants to pay some or all of the mortgage costs.

Ah…tenants.  While you may come across the occasional tenant horror story, the truth is that most tenants – especially the kind of people who want to rent a new condo in downtown Toronto – are good people who won’t leave your unit with holes in the walls or broken toilets.  But even with great tenants, being a landlord can be a lot of work:  Advertising your property, arranging showings, doing credit checks, fixing faucets that always seem to break on a Sunday night – are you sure you’re ready to deal with that?

5 questions to ask yourself before deciding whether to be a landlord:

  1. How much free time do you have? The #1 complaint we hear from new landlords is “I didn’t realize it would take so much time!”  If you (and your spouse, if applicable) have demanding jobs and family commitments, the process of finding, selecting and managing tenants on a day-to-day basis could be a problem.  The irony of great tenants is that they’ll let you know every time anything goes wrong – and they’ll want you to take care of it quickly.
  2. How much experience with finding and assessing tenants do you have? One of the most common issues for new landlords is making tenant decisions based on a ‘gut feeling’. Sure, a gut feeling can help you make a decision, but it’s no substitute for conducting background, credit and reference checks.
  3. How ‘handy’ are you? Rental properties (even condos, and even new builds) always need upkeep.  Light switches, curtain rods, leaky windowpanes, malfunctioning dishwashers – something always needs attending to.  If you’re the sort of person who can fix a faucet without having to call a plumber, great.  If not – or if you have to make 14 calls to the condo management team in order to get something done – you may end up with more headaches than you realized.
  4. Do you live near your investment property? Do you spend significant time out of town? Being a landlord means you’re never really off-duty, because if a tenant calls on Christmas Eve to report their heating isn’t working, you have a duty to drop everything to find a solution. If your investment property isn’t within easy distance of your home, if you’re frequently out of town on business, or if you spend several weeks a year down south or at the cottage, the landlord lifestyle may not be for you.
  5. Are you good with paperwork? This is an important, but often overlooked, part of being a landlord.  You’ll need to keep good records – of tenant information, contact numbers, receipts and repair documentation, etc. – for tax and legal reasons.  If you’re the kind of person who just throws everything into a shoebox and hopes the accountant will sort it out later, being a landlord might not be for you.

What do you do if you don’t really want to be a landlord?

Hire a property manager.  Property managers find, assess and manage tenants; they deal with day-to-day management; they can deal with repairs and tenant requests and the paperwork.  What’s more, in Canada the management fee is tax deductible. You receive a direct deposit in your account every month, and monthly and year-end statements to give to your accountant.  It’s all the benefits of being a landlord, with almost none of the headaches.

Want to learn more about our property management and suite management services?  Click here.

Why is corporate housing so great, anyway?

Because you don’t know until you know

The most common thing we hear from corporate housing first-timers is this: “Wow – I had no idea this was even an option. Why does anyone stay in hotels for long periods, or try to rent an apartment when they’re only in town for a month or two? I wish I’d known about this a long time ago!”

So what makes corporate housing – also known as serviced apartments, aparthotels, or executive suites – so great?

Here are a few of the reasons:

Today Living Group has corporate housing in Toronto

Relocation packages: Does it have to be all or nothing?

You’ve found a great candidate. Should you offer them a relocation package?

The situation: Your company is located outside of a major metropolis and operates in a specialized industry, so filling some of your senior positions is challenging. But you’ve finally found a candidate who’s both perfect for the role and also seems interested – but they live across the country, and have a spouse, two children and a dog.

Do you offer them a full relocation package, which could run into the tens – or even hundreds – of thousands of dollars?

Tempting relocation packages involve a lot of moving parts

Relocation ‘packages’, especially for senior employees, aren’t just about offering the candidate $10,000 to defray their moving expenses. Relocation packages at the executive level can involve a lot of items, most of them costly:

  • Will the candidate need moving assistance (financial and/or logistical)?
  • Will they need employment for their spouse?
  • Will they need to sell their current home? What are real estate values like in their current area vs the area you’re asking them to move to? Will they be giving up equity in their former location if they spend 5 years at your company?
  • Do they need childcare?
  • Will they need specialized schooling or resources for their children?
  • Is there extended family to be considered?
  • Will they need a car or two (a family moving from Manhattan to the suburbs may not even have a single car, but if they have kids, they’re going to need 2 in their new home)?
  • How much downtime will they need to wrap up their current commitments in order to be able to hit the ground running in their new role?

Increasingly, studies are showing that relocated employees do better (and put more money on the bottom line for their companies) when they’re given support for all the factors that affect their lives, including their personal lives. And it’s true that long-term relocations work best when spouses and children are appropriately supported in the new location.

But that can mean a big commitment from the company doing the hiring, because a lot of things can go wrong:

  • The candidate experiences too much culture shock, gets homesick and disengages from the job
  • The candidate turns out to be a dud and has to be terminated
  • The candidate is poached by a competitor in their new city
  • The candidate does well, but his/her family doesn’t integrate well into the new location and pushes the candidate to leave

Mitigate your risk: Try temporary relocation first

What we’re seeing many companies do these days, especially when relocating a senior resource from a large city to a suburban area, is to try a 3-12-month temporary relocation first. How does it work?

The company and the candidate enter into an agreement that outlines the long-term goal of full relocation (with whatever associated supports for costs and family they negotiate as part of the arrangement) but provides for an initial temporary relocation that allows both parties to figure out just how the new employer-employee relationship will work.

Typically the new hire is set up in a corporate housing (commonly known as ‘executive suites’ or ‘executive housing’), which may be a small pied-a-terre or a full-sized family home in the new location. Sometimes the spouse (and children, if there are any) come to stay in this housing; other times the spouse stays in the home location and there is an agreement whereby weekend travel expenses are covered.

In some cases, the employer and new hire decide quickly that the new job should be permanent, so after a couple of months, the relocation becomes permanent. In other cases, the temporary relocation continues for an extended period. In both cases, the total financial and resource cost – and the risk –  is substantially lower than it would be if the company had undertaken a complete relocation at the outset.

(Want to learn more about how executive suites and furnished accommodation works? Get in touch.)

Rental properties: Our top FAQs

Answers to questions from landlords and tenants

Answers to our top questions from landlords and tenants

If you’ve been following us on Instagram lately, you know that we’ve been posting answers to some of the most common questions we get about rental homes from our landlords and tenants. Here, we’ve compiled the most recent ones.

“I know my lease doesn’t start until the first of the month, but the former tenant is already moved out. Can I get the keys earlier and start moving my stuff?”

This seems like a simple ‘favour’ to ask from a landlord, and a simple kindness that a landlord can provide to a new tenant. However, early move-in can present liability issues for both parties: Long-distance/internet phone service may not yet be transferred; tenants’ insurance may not be in effect; and the previous tenant may assume they can return to collect stuff they forgot. Early access to a rental property can be risky.

“It’s not a pet. It’s a chinchilla. It doesn’t count.”

Yes, this an actual quote from a tenant. If it’s a living creature, and it’s not a human being, it’s a pet – and having it in the unit is a contravention of the rules in buildings that are deemed to be pet-free.

“My landlord has a set of keys to my unit, but I’m concerned about privacy. Can I insist s/he gives me their set until I move out?”

No. Landlords and property owners/managers need to have access to the property in order to effectively manage the rental for things like repairs or inspections. However, it’s important to note that they must give you 24 hours advance notice to enter your property – they can’t just turn up randomly and go through your place when you aren’t there. (And it’s worth noting that almost everyone, sometime, locks themselves out of their place – it’s kind of nice to know that you can call someone who’s got a set of keys.)

“My tenant always pays their rent more than a week late. And now it’s affecting my ability to make my mortgage payments. What can I do?”

Landlords in Ontario have a number of options when a tenant persistently pays their rent late: They can serve a notice to end a tenancy early for non-payment of rent (this can be served if rent is even a single day late, but most property management companies wait 14 days); they can report the tenant to a credit reporting agency; or they can serve the tenant with a Notice to End a Tenancy at the End of the Term (which is essentially a 60-day notice).

Of course, evicting a stubborn tenant can be tricky: Even if they haven’t paid their rent on time, or at all, it can be months before a Landlord and Tenant tribunal can render a judgement.

How to avoid the problem in the first place? A property management company can ensure that proper background checks and references are done before a tenant moves in, which reduces the risk significantly.

“I think my tenant has been subletting their unit without authorization – and they may be putting it on Airbnb.”

Most standard rental agreements have clauses prohibiting subletting of the apartment without express authorization from the landlord. Additionally, almost all condos in Toronto have strict rules about the length of tenancies, which means that offering short-term stays on sites like Airbnb are prohibited.

If your tenant is subletting their unit, or if you find it listed on home-sharing sites like Airbnb, you can take steps to end the tenancy and have everyone evicted immediately.

Have more questions?
Let us know.