Rent an apartment, invest in a lifestyle
March 08, 2021
Whether you’re looking for your first apartment or ready for an upgrade, you’ve probably considered the age-old dilemma: do I rent, or do I buy? While a home mortgage can be a great financial investment in the long term, it requires ongoing upkeep and ties you down. Renting is an investment in lifestyle, while allowing you to invest in financial portfolios.
Renting an apartment at 545 Rideau gives you the best of both worlds. It provides many of the comforts of living in a new home, with all the benefits of renting.
1. A more flexible lifestyle
As a renter you have the freedom to select the unit that suits your needs and lifestyle, giving you more opportunities to try different living spaces and communities to see what best suits you. If you travel frequently, renting is an excellent option because you don’t have nearly as many responsibilities to worry about while away.
2. Cash-flow friendly
Renting is perfect for those who are ready to simplify and find more effective time and cost-effective living accommodations. When you decide to rent you don’t have to make monthly mortgage payments, pay property insurance, maintenance fees, and property tax. Instead you are only responsible for rent, tenant insurance, and utilities.
3. Access to amenities
When you rent you can gain access to amenities that would otherwise be a significant ongoing expense. Many mid-scale to luxury apartment complexes have features that would cost a homeowner thousands of dollars for installation and maintenance. Among our standout amenities, at 545 Rideau we’re proud to offer an on-site fitness center, a rooftop terrace with exceptional views, and a spacious common room for hosting friends and family.
4. Less time-consuming
Overall renting comes with less responsibilities than home ownership. If you’re a homeowner, you must contend with all of the maintenance including yardwork, shoveling snow, and unexpected repairs. If you’d like to avoid regular home projects and maintenance, renting is a great way to spend time doing more of what you love.
While there are advantages to both renting and owning a home, 545 Rideau provides the best of both worlds with quality amenities and furnishings, along with the savings and flexibility. Want to level up your lifestyle in Lowertown? Book a virtual appointment with a leasing agent now!
Now leasing apartments for June 2021. Our units with breathtaking views of the Gatineau Hill and Rideau River are going fast - don't miss your chance to claim your dream apartment!
Best,
Nicolas Chenier
Property Manager, Chenier Group
