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LIFESTYLE SERIES: Downsizing

Blog by Doriana Zohil-Morton, Broker of Record/Owner | September 13th, 2019

Downsizing happens for many reasons. Empty-nesters could be wanting to travel more and not worry so much about a large home. Recent retirees may be looking to spend more time at their cottage, and only want to manage a condo in Toronto as a secondary home. Perhaps a new job means that only part of the year will be spent in Toronto, so a smaller residence would be a better option. No matter the reason, downsizing can be an exciting opportunity.

Starting Anew
Many people chose to start fresh in their smaller digs with all new furniture. This could be due to older furniture being just that… older. It could also be that your previous furniture just simply won’t fit the space. There is also the young adult children that you donate the furniture to. Starting fresh can afford you the opportunity to change your style or amp up the luxury factor.

Working with Favourite Pieces
Downsizing doesn’t always mean you have to lose all of your favourite pieces. While many pieces will have to go due to the square footage element, well-loved pieces can always be incorporated into your new space. A good interior designer can work it in, or even give it a little facelift through fabric changes or paint. In fact, some pieces can be dramatic anchors for your space. Just remember to focus on how you want your new place to look and flow.

Storage
When trying to decide which pieces to keep, consider storage potential. If you are downsizing into a condo, multi-purpose pieces with storage potential are key. Likewise, remember that what you take with you will need to be stored! So if you feel you won’t use that large set of crystal, pass it on to your children. Start this process early, as it will help with staging your home for sale.

Condos are in high demand, and prices will continue to rise. If you are downsizing, keep this in mind and don’t delay. Units move fast. CALL US, and get ready to start buying a condo in Toronto. The longer you wait, the higher the prices go. Call us today! 416-222-0025.



Interested in buying real estate in Toronto & the GTA, or perhaps investing in Toronto real estate? First time home buyer? Moving to Toronto? Are you part of a Toronto relocation with your employer? We can help you with all steps of the process, from finding a new home, temporary accommodations in the meantime, destination services, settling in services, move management, and so much more. So many steps of the move can be handled in advance, so when you arrive we can get you settled much faster. When moving to Toronto, we can help with all aspects of the relocation.

We’d love to hear from you, so call us today to book your complimentary private consultation.


Once you are all settled into your new home, let us help you with a relaxing Caribbean get-away with a private luxury villa rental in St Martin/ St Maarten, St Barth’s or Anguilla. Caribbean villa rentals are a cost-effective way to travel. Ask us how!