relocation apartments Archives

Reasons Why Different Demographics Relocate

November 8, 2019

What are the reasons why people move? What are the life events that might be the catalyst for making the shift to a different city?

The truth is that there is a story behind why each of the different demographics relocate. Everyone has a different motivation for relocating and their situation is unique. Here at Delsuites, we aim to cater to a wide range of visitors and help diverse demographics relocate by offering convenient furnished apartments located in prime areas of Toronto.

Let’s take a look at some of the different demographics we see moving to Toronto.

Young Adults

After they have finished college or university, the most common reason for someone in their 20s to relocate is for their job prospects.

They might be moving from a small town to the big city in order to enjoy more options for employment and a higher salary. Perhaps they might also be moving to a different destination in order to find a job with more interesting responsibilities. They are likely also seeking better benefits, more flexibility or a more suitable work/life balance. Sometimes, a new employer will even provide an apartment as part of a relocation package.

Plus, Toronto offers a great environment for young, ambitious, creative and curious people. The nightlife, art and music scenes are excellent. Plus, there are many great festivals and hobbies to enjoy.

Families With Children

Another life stage when people move to Toronto is when they are starting a family. There are a lot of reasons why this city is great for families: it has parks and green spaces, plenty of libraries and children’s activities and excellent schools. Many parents choose to raise their children here, to enjoy what one of Canada’s most diverse and vibrant cities has to offer.

We also sometimes see families relocating to Toronto due to job transfers or opportunities. Our furnished apartments are an ideal option, as they provide a place to stay that is large enough for the entire family and offers all the conveniences of home.

Of course, a not-so-happy reason to relocate at this stage of life can also be divorce. As difficult as it is to end a relationship (especially if children are involved), relocating can be a chance to start fresh.

Elderly

There’s another stage in life when many people tend to relocate. This is when the grown-up children fly the nest and they don’t need to live in such a big house anymore. During this stage in life, many people choose to renovate and use the space differently (changing a bedroom into a gym or a study). Or, they completely downsize to a smaller home.

Apartment life makes a lot more sense when you are older. There’s no need to mow the lawn on shovel the driveway. All the amenities are close by and your living space is compact, well-organized and easy to clean. Plus, there are so many cafes, shops, restaurants and community activities right on your doorstop.

What’s Your Relocation Story?

Tell us about the stage of life you find yourself in – what does moving to Toronto mean to you?

Business Travel, Corporate Housing

What Should An Employer Include in a Job Relocation Package?

April 9, 2019

When a company seeks to relocate an employee, they often offer a job relocation package as an incentive

After all, when an employee decides to uproot themselves and their family to start a new life somewhere, this is when they are at their most vulnerable. Offering a comprehensive relocation package to cover the costs associated with the move is a way of showing an employee how much you value them. It will allow the employee to relocate in a smooth, easy way that will allow them to focus on their job without too much hassle.

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So, what should a job relocation package include? Here are some of the basic expenses that most packages will cover:

Location Scouting Trips

Many relocation packages will cover the cost of the employee taking a trip to the new location so that they can “scout out” the area and look for housing. This not only gives the employee a chance to look for a home, but it also offers a chance to get a sense of the new area and figure out which neighborhood of the city they want to live in.

Home Sales/Buying Expenses

A typical relocation package will include the costs of selling the home and purchasing a new one. This includes closing costs, real estate commissions and other expenses that are normally associated with buying or selling a home.

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Moving and Storage Expenses

Usually a relocation package will include moving expenses. This includes core relocation costs such as shipping cars, packing, household goods and unpacking. In many cases it will also include the cost of insurance for items while they are in transit.

Some employers will simply reimburse their employees for the moving costs, while others will pay a lump sum that employees can use for moving costs.

Temporary Living Expenses

Most standard relocation packages will also include the cost of temporary living expenses for the employee while their family travels to the new location. For example, the employer might cover the cost of travel, mileage, hotel costs and food to get to the new location.

The package should also cover temporary accommodation, such as in a furnished apartment, for at least the first month until you get settled into your new permanent home. (Delsuites furnished apartments are ideal for this purpose, as they are available to rent on a flexible, short term basis, they offer excellent amenities such as laundry and parking and they are well-located.)

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Other Miscellaneous Costs

Many standard relocation packages will also include a miscellaneous expense allowance. This could cover a wide range of things, including cleaning services for the old home, the cost of relocating pets and other expenses that may arise during the move.

Make Your Employees Feel Welcome With A Job Relocation Package

When you are providing your employees with a relocation package that covers all of the basics, you are ensuring that their move goes smoothly and that they are happily settled in their new home.

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