How to Safely Store Valuables in a Luxury Toronto Condo


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Toronto is the fastest-growing city in North America. Its metropolitan area grew by 221,588 people over the past 12 months, more than any other city in Canada or the USA. This is one of the key reasons Toronto has embraced high-rise living over recent years. There is a great choice of luxury condos, such as those around Cumberland Street and Yorkville Avenue. For all their great facilities, however, the lack of storage space at these condos can present some challenges to those who own precious valuables.

It is worth noting that Toronto has a relatively low crime rate. A report released earlier this year by CTV News showed it is ranked the safest city in Canada. Nevertheless, a survey by Canadian bank TD Canada Trust found that a remarkable 94 percent of people moving into condos said security was their biggest priority. Here, we look at some popular and practical solutions for safely storing valuables when you live in a luxury Toronto condo.

Off-Site Secure Storage

Canadian businesses offering Toronto storage in secure facilities have grown in step with the high-rise condos, so there are plenty of options for Canadians looking for off-site storage. Storage facilities in downtown Toronto are within easy reach of the main condo developments, meaning householders can access their belongings relatively quickly. This allows them to place items in storage even if they need to use them periodically or at short notice.

Reputable storage facilities have 24/7 security and feature temperature and climate control, so users can feel confident that their belongings are safe from theft or damage. They also offer a protection plan with a third-party insurance company to ensure there is cover in place, just in case.

Installing a Safe in Your Condo

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Off-site storage is ideal for larger valuables such as antique furniture or artwork, which might be awkward to get into a high-rise apartment or would look incongruous amongst modern decor. But what about smaller valuables such as custom jewelry, where space is not a problem but security is the greater concern?

In this situation, installing a wall safe could be an ideal solution. It will serve the triple-pronged purpose of securing your valuables, putting your mind at rest and reducing your insurance premium. There are numerous resources online that go into the details of how to buy and install a safe, so we will not go into details here. However, there are some potential complications that apply to those living in a high rise condo:

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Building requirements: some condo associations have specific requirements when it comes to the placement or installation of safes, so check with them before you do anything else.

Concrete floors and walls: condos often have concrete walls and floors so this can make it a challenge to drill into them. Also be considerate to neighbors, as drilling into concrete creates a lot of noise and dust.

Weight restrictions: High-rise condos are built to strict and exact load-bearing limits. If in doubt, speak to your condo association or buildings manager.

Type of security: condos typically have greater incidental access than other properties, such as maintenance workers. Choose the security of your safe accordingly. For example, consider biometric access over a simple key lock.

Secure Storage a Vital Component for Luxury Living in Toronto

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Toronto is a vibrant and rapidly growing city, where high-rise condo living is now the standard. This applies as much to those living a high-end luxury lifestyle as it does to anyone else, so finding secure storage for valuables is an important consideration.

Off-site storage is the ideal solution, as facilities are purpose-built and offer high levels of security, including CCTV and regular patrols. Fitting a safe is an option for securing smaller valuables, but it does come with challenges due to the nature and construction characteristics of Toronto’s modern high rise buildings.

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