In this series of blogs, we’re exploring why people are choosing to move downtown to be closer to their office space Toronto and enjoy the urban experience of living in the city’s core. We touched on the fact that it is no longer just young single professionals choosing to move downtown, but young married couples who are thinking of starting a family. Even existing families with children are now moving downtown! One of the virtual office clients who was in the office last week to use one of our boardroom rentals, mentioned that his wife was expecting their first child and they have no plans to move away from downtown where he has his business and she has her job.

There are several reasons why families want to move into downtown condos. One of the major concerns is the stress on the family caused by long hours of commuting by one or both parents. The time spent commuting does not just take away from the hours that could be spent as quality family time, but it can also cause resentment by children who are being kept away from parents – because of the 2 or 3 hours each day parents are spending in the car driving from the suburbs to their downtown Toronto office space. It is also no secret that, as urban sprawl continues, there are more cars on the road and the commutes will just continue to get longer due to congestion.

There is a myth in North America that families need big houses with big backyards and tree-lined streets with low traffic because children need a lot of space to develop socially. The truth is that the majority of the population lives in or within 100 km of a major town or city. The urban sprawl cannot spread much further than that!

In fact, while a majority of downtown condo developers have been focusing on smaller units, there are a growing number of families who are pressuring developers to build condo units that have 3 and even 4 bedrooms. There is some pressure from downtown politicians who want to see these types of developments, but the real pressure is coming from the families who want to buy these larger condo units and have the money to pay for them.

While there are condos around the corner and across the street from our office space Toronto with 2-bedroom units, more are coming. According to Toronto City Councilor Adam Vaughan, in his downtown constituency there are more than 600 units of housing where 3 or more bedrooms have been constructed or approved in the last four years. I am certain that more will be coming soon, because the City of Toronto has even gone so far as to offer incentives to developers who are willing to build larger, family-friendly units. They do this by approving higher-rise buildings thus allowing for more population density.

Part 2 of this blog entry will identify and examine some of the developments and downtown neighbourhoods specifically catering to families, that are located only minutes from our office space for rent Toronto.

Our Amenities

We are by far the most experienced and best coworking team in the market – established in 1980

We are the highest Tech centre in the market

We have a very modern, high quality, brand new facility located at:

18 King Street East, Suite 1400

Toronto, Ontario M5C 1C4 Canada

- 18 King Street East is a boutique Class A building – East of Yonge: easy street parking, less traffic, excellent restaurants and lovely parks – St. James Park @ Church & King and Berczy Park @ Wellington East, Scott and Front Streets – Very high energy and engaging area
- A few steps (a few seconds) to the Yonge Street subway/underground PATH network and streetcar available outside building
- Building is located in Toronto's vibrant financial district
- Plenty of parking available in the area including street parking and reserved parking in the 18 King building
- Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
- Onsite amenities: Tim Horton's, Beer Bistro, Convenience store and Starbucks across the street
- Nearby amenities: underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services
- New modernized office layout fully furnished with meeting spaces and training rooms plus café lounge area
- We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
- Largest training room and conference facilities accommodate up to 60 people classroom style
- Ultra-high-speed - 1 GIG pipe = 1,000 x 1000 fiber-optic network, which will deliver internet connection speeds faster than most North American services
- Private shower room
- Indoor Reserved Parking at the current building rental rate
- Bicycle parking
- Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
- Telsec has over 650 locations in 40 different countries worldwide available for their clients. Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location. Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location
- King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance

Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

Please check out our 70 second video on our home page or click here:

Take a look at our facilities www.telsec.net

Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements.

You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.

Even Families are Moving into Downtown Condos – Part 1

Looking to Learn More?

The Benefits for Small Business Owners of Living Downtown

Even Families are Moving into Downtown Condos – Part 2

Even Families are Moving into Downtown Condos – Part 1

Looking to Learn More?

The Benefits for Small Business Owners of Living Downtown

Even Families are Moving into Downtown Condos – Part 2

Hotels

Restaurants

Health and Wellness

Our Amenities