Multiresidential properties and apartments in Toronto are attractive – they're much more affordable than a conventional house and offer much more in terms of amenities, community, and more. But, both do have their respective cons that you should know about. In this post, let's learn more if you should choose multiresidential properties or apartments in Toronto.

Multiresidential Buildings

Multiresidential buildings or multiplexes are residential buildings with multiple separate housing units within a single structure. These units can range from two to four in a duplex, triplex, or fourplex, and even more in other large complexes. Buying or even renting a multiplex home is far more affordable than buying a new house.

Multiresidential buildings are often privately owned and managed by individuals or companies who rent out the units to tenants.

Pros of Multiresidential Buildings:

  • Sense of Community: With fewer units compared to high-rise apartment buildings, multiresidential properties often foster a tight-knit community just like in Caledon where neighbors are more likely to know each other.
  • Space and Layout: Units in multiresidential buildings are typically more spacious and may offer unique layouts, providing a more home-like feel.
  • Privacy: With fewer tenants sharing the building, residents often enjoy more privacy and less noise compared to larger apartment complexes.
  • Outdoor Space: Many multiresidential buildings feature shared outdoor spaces such as gardens, patios, or balconies, which can be a significant perk for those who enjoy spending time outdoors.

Cons of Multiresidential Buildings:

  • Limited Amenities: Unlike larger apartment complexes, multiresidential buildings often lack amenities such as gyms, swimming pools, and concierge services.
  • Maintenance: Depending on the property management, maintenance and upkeep may not be as prompt or thorough as in professionally managed apartment buildings.
  • Availability: Finding a unit in a multiresidential building can be more challenging due to their limited number, especially in high-demand areas.


Apartments in Toronto typically refer to units within larger buildings or complexes, often managed by professional property management companies. These buildings can range from mid-rise to high-rise structures and may house dozens or hundreds of residents.

Pros of Apartments:

  • Amenities: Larger apartment complexes often boast a range of amenities including fitness centers, swimming pools, rooftop terraces, and common areas, providing added convenience and luxury.
  • Maintenance and Management: Professional management ensures that maintenance requests are handled quickly and efficiently, and common areas are well-maintained.
  • Location: Apartments are often situated in prime locations, offering easy access to public transportation, shopping, dining, and entertainment options.
  • Security: Many apartment buildings offer enhanced security features such as controlled access, security personnel, and surveillance cameras.

Cons of Apartments:

  • Higher Costs: The added amenities and professional management often come at a higher cost, with monthly rent and fees being more expensive compared to multiresidential units.
  • Less Privacy: With more residents sharing the building, privacy can be a concern, and noise from neighboring units can be an issue.
  • Uniformity: Apartment units in larger buildings tend to have more standardized layouts and designs, which may lack the unique character and spaciousness found in multiresidential units.

Making the Right Choice

Choosing between a multiresidential building and an apartment in Toronto depends on your personal preferences, lifestyle, and budget. For instance, if you value a strong sense of community, more spacious living quarters, and outdoor space, a multiresidential building might be the right choice. 

On the other hand, if you prefer the convenience of amenities, professional management, and a central location, an apartment may be more suitable.

Next, while apartments offer more amenities and security, they come at a higher cost. Multiresidential units might provide a more budget-friendly option with lower rents. When it comes to privacy, multiresidential buildings are much better due to fewer tenants, whereas apartments can be busier and noisier.

Whichever you choose, it's essential to find the perfect property in Toronto just for you. Whether you'd like to stay in Brampton, Caledon, or Mississauga, you'll want to work with a reliable real estate agent for the job. Hi, I'm Mats the Agent, and let's find the perfect property suitable for your needs. Call me or fill out the form above my website so we can get started.