Why is Renting a Luxury Condo a Great Option?
Depending on your situation and needs, renting a luxury condo can be a better option than buying one. Let’s look at the top 4 reasons you should seriously consider renting a condo in Montreal.
Benefits of Renting a Luxury Condo
Benefit #1: No Need to Worry About Maintenance
Regardless of whether the A/C stopped working or the bathroom lock got damaged, you do not have to worry about finding a good and affordable handyman. When renting, it’s the building owner’s responsibility to get them fixed. Thus, there aren’t any strata fees to worry about either.
Benefit #2: Premium Amenities
Purchasing a condo or luxury studio with a gym, sauna, pool, and similar other amenities can be prohibitively expensive for most people. However, most of these amenities are already included in the rent you pay for certain condos. Thus, you get to experience premium amenities and luxuries for a fraction of the cost of buying a condo.
Benefit #3: A Strong Savings Plan
When renting a condo, you will not have to worry about surprise floods or tax bills. The benefit is that you will be aware of the fixed amount to pay each month. Thus, with consistency in your expenditures, you will be better positioned to create a strong savings plan that works.
Benefit #4: Reduced Transportation Costs
You can easily rent a condo close to public transit and other conveniences. This way, you can cut down on gas expenses and even walk to your destinations, resulting in a healthier lifestyle.
Do as many smart retired people do, that sell their luxury condos and keep living a luxurious life in a rented Le Parc luxury apartment: enjoy all luxury amenities, only pay a monthly rent, and save your money/live from your investments instead of spending them on high condo fees, municipal/school taxes and high renovation/repair bills.
Summary
Therefore, for some people, renting a luxury condo in Montreal is a much better option compared to buying one. You can live a hassle-free lifestyle while using luxury amenities at an affordable price point, helping you save money over time.
Contact Apartment Le Parc today for more information!
