When you’re living in a big city like Toronto you’re most likely not going to have a whole lot of extra space. So what do you do with all your beloved belonging, furniture and possessions? Self-storage is an affordable way to enjoy spacious, clutter-free living in a small space, while still keeping the things you love. We asked Denis Joshua, Facility Manager at Apple Self-Storage Toronto, for his thoughts on ways that a Toronto self storage unit can make life in the city easier and more affordable.
Wherever people struggle with too much stuff and too little space, there is a role for self storage. This truly global solution transcends borders and language barriers, and continues to grow by the day. Recently Inside Self Storage, an industry commentator, took a look at storage around the world, which included a stop at Apple Self Storage in Toronto. The six-continent tour offered a unique perspective, complete with mountain scenery, a “sky garden” and plenty of unconventional architecture.
While the U.S. market remains the centre of the self storage universe, it makes for an interesting comparison with burgeoning or less developed markets. According to the article, Asia is seeing a major growth in demand for self storage, with Japan leading the charge. Large urban centres like Tokyo, as well as Hong Kong and Seoul, are making the most of vertical space, often with several floors of storage units to accommodate the dense blocks of residential and business buildings nearby.
Apple Self Storage received mention as a Canadian operator that continues to grow in an already established market, one facing a variety of development challenges and obstacles. The downtown Toronto self storage facility was featured in the slideshow as an example of Apple’s progression. The facility recently underwent a significant expansion to add an extra 22,000 square feet of climate-controlled self storage, providing additional cost-effective space to urbanites and business owners facing some of Canada’s steepest real estate costs.
Other entries in the list of self storage hotspots and newcomers include South Africa, Thailand, Chile, Russia, the U.K., France and Italy, where the Alps keep constant watch over the facility.
Apple Self Storage’s downtown Toronto storage facility is in the midst of a large-scale expansion, which will see an extra 22,000SF added before the end of April. The additional storage space will be customizable, making it easier for customers to find a solution that works for them.
The challenges of running a business place constant pressure on companies to get creative with their cost-cutting, from downsizing and outsourcing to telecommuting and the building of virtual stores. Space has also wandered onto the radar of business owners and decision-makers. For many, self storage is helping them keep costs down and avoid a bottom line written in dreaded red ink.
Storage units, traditionally seen as personal or household solutions, offer a viable and cost-efficient way for businesses to hang on to assets such as office furniture and documents while maintaining space where they need it most. Commercial storage needs can vary as widely as the companies themselves – some burgeoning home businesses rely on self storage for housing excess products, while larger, more established operations can benefit from an extra place to store items, whether for temporary disturbances like renovations or something long term.