Why Shared Office Spaces Are Preferable To Purchasing Office Space

November 17, 2019 | Office Space


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An increasing number of individuals and companies continue to join the Coworking communities across the globe. Coworking or renting a shared office space is thus now considered an emerging trend with regards to finding office space for new or growing businesses. Whether you are a solo entrepreneur who needs a temporary office space away from their home or a venturing entrepreneur with a new business, a startup with a couple of employees or a growing company looking to expand, renting shared office space Toronto might be a feasible solution for you as opposed to purchasing office space. However, why is this alternative becoming more enticing for entrepreneurs and businesses? What do they stand to gain?

Advantages of Using Coworking Space


One of the distinguishing benefits of renting a shared office is that it is always turn-key ready for use regardless of the duration of stay. The membership fee or hourly fee often covers the cost of amenities within the office space.


The greatest downside of being a freelancer or soloprenuer is that you tend to be lonely and isolated. This does not necessarily mean that you are antisocial, just that your line of work limits you. A Coworking community offers a great avenue for such people to find other people with similar sensibilities and work ideals thus expanding their network.


shared workspace allows you to interact with people on the same wavelength as yourself and who have the same work ethic. This gives you the creative control and incentive to plan your work hours and have a wider pool of who you could collaborate with on specific projects.


After purchasing a traditional office space, you have to incur and additional expense of furnishing the office. On the other hand, renting a shared office space Toronto relieves you of such stress. You have all the space and furniture you need to spread out your paperwork, work on your laptop or even hold private meetings with colleagues of prospective employees.


Due to their growing demand, shared office locations are increasing by the day. They are particularly popular in urban areas where they offer convenience for their prime locations which are mostly central. Major cities such as Toronto have these providers including OfficeScape Markham offering prime shared office space rental Toronto for people looking for office space around the city.


One of the key selling points of the concept of shared office space is the sense of community that it offers. You feel like you are part of a wide family that is in many ways working towards similar goals. Working from home, in formal setting or remotely is inherently lonely. As such, working in an environment where you are surrounded by likeminded people with whom you can share interests and ambitions give you a sense of togetherness. It is also a great channel to get quality feedback on your projects.


All factors considered, Coworking costs less than leasing or renting a traditional office space. Additionally, you are not bound by long-term contractual terms which is economically beneficial.


Coworking spaces offer flexibility in many different ways. You have the choice of how long you want to rent the office space be it days, hours or months. You also get to choose at what time you want to access the office, day or night to complete your work. After all, you only pay for the hours you use the office.

Rent a Shared Office Space Toronto

Officescape offers beautifully furnished, fully equipped, and expert-designed Coworking spaces for business people and companies of all calibers. Whether you run your own business, work remotely or are in the process of expanding your enterprise, we have the right collaborative working environment to meet your standards.


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  • I can’t go with any other choice...

    When I started my engineering business 4 years ago, I was looking for a space where it’s cost effective and at a prime location. It was a challenge! This is the best I could find, close to my home so the driving was faster, also the reception is exceptionally good. When you walk in the office, the welcoming atmosphere, the options I have here, I can’t go with any other choice.

    Valluvan AlagirisamyInspar Inc.

  • You have the necessary simple structure which allows you to focus on your day to day job.

    We’ve been doing this for almost 8+ years on a full-time basis, and I’ve been with Officescape for just over 5 years at this point. Pretty much the length of our practice, we’ve been part of a certain shared office center. With Officescape, you get the advantage of amazing office space, professional staff to greet your clients, and not worrying about unnecessary procedures. You have the necessary simple structure, which allows you to focus on your day to day job.

    Purvish ShahAdian Professional Services

  • It’s very professional and they don’t even know that its not our office!

    We started using Officescape primarily because we needed an address for mailing purposes and for our product. I use them for meeting rooms as well, when I bring my buyers in. It’s very professional and they don’t even know that that is not our Maxell office. It’s important for us to keep our profile image. Having a company in Canada for 16 years, our buyers are coming into our offices all the time, we still needed a space to have that place for our buyers to come visit us and vice versa.

    Lynn LangMaxell

  • My experience has been very positive!

    I chose Officescape because the staff are really friendly, I found them really helpful and really resourceful. I also find the building to be really clean and really bright, I like some of the architectural design. They always greet my clients very friendly, always offer them coffee, tea, water and always say goodbye to them when they leave. My experience at Officescape has been very positive!

    Ellen BradleyIntegrative Counselling Services

  • This is the perfect facility...to run your business

    I had the opportunity to use the Officescape location in Markham while working on a consulting project. Dave provides a top notch facility with excellent offices, boardrooms, connectivity, service and yes... great coffee. This is the perfect facility in Markham to run your business, meet your clients, and brand your company. Congratulations Dave on providing a much needed service to the business community.

    Mark FriedbergCognovative Business Services

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