When people think about renting office space, the forget that finding a quality office space is similar to finding an apartment rental. But sometimes finding a good office space is a lot easier and comes with a lot less hassles. So here are some tips that can be applied to both office space rentals and apartment rentals.

Tip #1: Location, Location, Location

Ideally, you want to find an office space location that is both prestigious and convenient. A prestigious office location will tell your customers and potential clients that you mean business and that you have standards. But be careful not to choose a location that will intimidate your clients into believing your prices will be too high in order to afford this address. The location of your office space also needs to be convenient for you and your staff and clients to get to. A good office location will also be nearby the amenities you or your business requires.

When it comes to finding an apartment, you have to choose a location where you will be comfortable living as well as having the nearby amenities you will want. Just like finding an office space, the apartment you choose should also be convenient for you to get to from work or play – but also for your friends or family to be able to visit.

Tip #2: Know what amenities are available

When you research your office rental space, be sure to not look at your core office-space needs, but also look to find out what amenities are included or available on site, especially when you are looking for a serviced office. Ask important questions such as…..Does the office come with reception services? Are there boardrooms available for use and at what is the cost? Are there network printers and photocopiers for your use and at what cost per page of printing? Are there kitchen facilities available with coffee, tea or filtered water? Is there a cafeteria or other eating establishment in the building? What other amenities does the building offer? Finally, what about access and security?

The questions for apartments are different, but it is important to know what is provided and what is not. Some apartments come with appliances, but some do not. You want to know if there is an in-suite laundry or if the building has a separate laundry room. Is there a security system in the building?

Tip #3: Keep your options open until you sign the lease

Once you find an office space that seems to suit your needs, keep your options open until you sign the lease. Just because you like an office space and it is within your budget, does not mean that the office is yours. Most office space providers will require an application process that will likely include a credit check, information about previous offices or business locations, and business references. Some office space landlords will request a deposit cheque that will cover one month of rent, but will be returned to you un-cashed if they do not accept your tenancy.

Similarly, when you are searching for an apartment, do not stop looking just because you found a place that you think you may like. Keep your options open in case you do not get your “ideal” choice. Just as with office-space applications, be prepared to give proof of income, have a credit check done, and have your personal references and previous landlord contacted for information about you. Most landlords will request a first-month deposit, but not until they have approved your application. Be careful of landlords who request a money order before they accept you for tenancy, because this will restrict you from searching for other places while you wait for their decision.

Tip #4: Read the Lease or Rental Agreement

While you probably do not need a lawyer to read a short-term or no-fixed-term office rental agreement, it is important that you actually read it and understand what you are agreeing to. Understand the fine points of the agreement or lease before you sign it. If the terminology contains too much legal jargon, you may want to have an attorney or a paralegal read it to insure that it actually means what it says. This will also help you to keep from being surprised by hidden fees or extra expenses you were not anticipating.

Just because most apartment leases are said to be “pretty much standard” does not mean that you should not read it. Reading the lease carefully will tell you what is expected of you and what your rights are as a tenant. Watch for clauses that involve hidden extra costs, penalties or extra deposits on things like keys that are non-returnable.

In Conclusion…..

While finding an office or an apartment are not exactly the same thing, using some of the same thinking for either can help your search be less painful and much more productive.

Looking to Learn More?

Flexible Office Space Solutions are not new at Telsec

18 King Street East Suite 1400
Toronto, Ontario
M5C 1C4 Canada
416-574-1112

18 King Street East Suite 1400
Toronto, Ontario
Canada M5C 1C4
416-574-1112

Site Designed By Giant Shoe Creative.

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.

Tips for Renting Office Space or an Apartment

Tip #1: Location, Location, Location

Tip #2: Know what amenities are available

Tip #3: Keep your options open until you sign the lease

Tip #4: Read the Lease or Rental Agreement

Looking to Learn More?

Flexible Office Space Solutions are not new at Telsec

Time to Talk About Nap’s – and Naps!

Tips for Renting Office Space or an Apartment

Tip #1: Location, Location, Location

Tip #2: Know what amenities are available

Tip #3: Keep your options open until you sign the lease

Tip #4: Read the Lease or Rental Agreement

Looking to Learn More?

Flexible Office Space Solutions are not new at Telsec

Time to Talk About Nap’s – and Naps!

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