26 Nov Are You a Couple Downsizing from a House? A 2 Bedroom Apartment Rental is Often the Best Option
If you’re a couple downsizing from a house to an apartment because the kids have left home, or you want to save money, a 2 bedroom rental apartment often makes sense.
There are several benefits to selling a house and downsizing to an apartment:
- An apartment rental is usually much less costly than a mortgage payment
- Costly, time consuming house maintenance is virtually eliminated
- Proceeds of a house sale can finance your lifestyle
- The money you once paid for a mortgage and maintenance will often cover rent, with ample cash left over for living expenses.
Why Downsize to a 2 Bedroom Apartment?
Extra room for visitors or guests
If you like to entertain family or guests, the second bedroom can be used for overnight stays.
Room for hobbies, home office, entertainment, or mixed use
A spare bedroom can be used for many purposes. If you’re a hobbyist, you’ll enjoy the dedicated space for projects, materials and equipment. If you work from home, you can set up a private home office. If you just want a space to relax and unwind, turn the room into an entertainment lounge for watching movies, listening to music or reading.
A 2 bedroom rental strikes a balance between cost and space
A 2 bedroom apartment rental is a sweet spot: not too big that rent is very high; and not so small that your belongings won’t fit.
Comfortable transition from house to apartment
Although you could rent a 1 bedroom, doing so would likely mean living in a cramped space. A 2 bedroom apartment gives you more space, so you’ll sacrifice fewer of the comforts you had when you lived in a house.
Less need for external storage
The reality is, when downsizing from a house to an apartment, you’ll probably have to downsize your belongings, too. The larger the apartment you rent, the fewer belongings you’ll have to sell or store. A 2 bedroom apartment often provides enough space that you don’t have to sell or store too many of your things.
Cost of a 2 Bedroom in Kamloops
If you use Craigslist to get a ballpark cost, you’ll see that prices for a 2 bedroom apartment range from $1700-2400 per month depending on the age of the building, apartment features and amenities. According to Rentals.ca, the average rent for a 2 bedroom in Kamloops as of October 2024 is $2,210 per month.
At McGill Ridge, a 2 bedroom rents for $2050/month (subject to change at any time of course).
2 Bedroom Apartments for Rent at McGill Ridge
If you’re looking for a 2 bedroom apartment in Kamloops, McGill Ridge offers competitively priced, modern apartments with amenities you don’t often see for similarly-priced rentals:
- Stainless steel appliances
- Plank flooring
- In-suite washer-dryer
- Building fitness room
- Secure FOB-key entry
- Latest in security and video surveillance
- Outdoor picnic area with stainless steel barbecue
If you’d like to view an apartment, please complete our Request Apartment Availability form. A representative will contact you in a few business days.