When space is at a premium, opt for multi-functional pieces, from smartly designed sofa beds to coffee tables that transform.

1. Hidden Gem – The Flou Duetto sommier bed ($12,235) achieves the impossible: it manages to be both comfortable and stylish, housing a trundle-style mattress inside a modern silhouette. livingspace.com2. All Lit Up – The Ikea PS 2014 side table with light ($129) may well be the perfect accompaniment to an evening in: the triple-duty design holds your favourite magazines, provides a space to rest your coffee mug and illuminates your reading nook. ikea.ca3. Triple Threat – Stack the Ueno side tables (from $421) together to create one solid unit or spread out the trio—available in finishes like dark walnut and blanched oak—into a long coffee table. informinteriors.com4. Multicoloured Maven – Play mixmaster with the Ikea PS 2014 storage table ($79): pile the four coloured storage trays in any order to create a side table stacked with style. ikea.ca5. Hidden Flair – West Elm’s Double Storage coffee table ($299) features white lacquered panels that slide open to reveal a concealed storage compartment below. westelm.com6.  Simple Sleeper – The Flex sleeper sofa ($1,299) is a vast improvement on your college futon, from the pocket-coil mattress springs to the slick, tailored orange cover. cb2.cadoubleduty