What Is Coliving?
You may have heard of coworking before, but what about coliving? Coliving is a modern form of housing focused on bringing like-minded people together in a communal space. Fully furnished with a keen sense of design, coliving spaces encourage an environment for people to interact while also providing a private area of your own to rest at night. Residents often share a living space and a set of interests and enjoy openness, collaboration, and a sharing economy.
A new approach to an old idea, coliving is the answer for those searching for community and a place to live that won’t blow the budget. With everything included in the price of your coliving rental, concern about furnishing, utilities and roommates get taken out of the picture. By living with like-minded individuals, anything from a new friendship to a new business could take foot just by opening your door.
Coliving is a type of intentional community that has gained prevalence in recent years due to many factors, such as a lack of housing opportunities in major cities, the cost of independent accommodation, and a growing interest in a lifestyle that is not tied down by long-term contracts. Attracting many young professionals, ex-pats, and those who value community and connection, coliving is the most exciting new solution to many housing issues faced by multiple demographics.
Already popular in many international cities such as London and San Francisco, coliving is a proven way to reduce financial burden, find community support through group activities, and foster a sense of belonging in a new place. Because almost half of the households in the city of Toronto rent, and with the skyrocketing prices of a booming city, coliving is the perfect answer to Toronto’s housing crisis and sets Toronto up to become a sustainable global destination.
Instead of paying exorbitant prices to live alone or risking finding a roommate online, coliving offers a fully vetted experience for someone looking to have affordable housing while making connections with other like-minded individuals. Living with others who share similar interests and the many engaging activities are just a few of the many benefits of coliving, and the reason it is becoming increasingly popular. By joining a coliving space, you will gain access to a community that may feel like a big family, while still receiving the privacy of your own room.
Where urban living may seem impossible, coliving is a way to live stress-free while sharing a beautiful living space. Offering affordability, flexibility, and a furnished private bedroom with shared common areas, coliving is the answer to finding a roommate, a cheaper place to live, and a sense of community. The perfect blend between private time and socializing, coliving takes the mess out of finding, furnishing, and cleaning a space so that you can focus on what matters most to you and your new home.
