Ever imagined your apartment being squeezed into a small box? This may become eminently possible, as architects have created a cube that can turn into a whole apartment, complete with a bed, kitchen and bathroom.

Designer Luca Nichetto and developers at Urban Capital unveiled the clever compact cube, or the standalone Cubitat, described as a "plug and play living space", at the Interior Design Show last week in the Canadian city of Toronto, according to a Daily Mail report Wednesday.

The new 10x10x10 cube featuring built-in rooms and living space is set to change the way we think about small-space living.

The space-saving design, which is still in a prototype phase, will enable city-dwellers to easily and quickly furnish a small building, turning it into a compact home without the need for further renovations or additions.

Though no timeline has been set, the developers said buyers would soon be able to buy and customise the cubes online, before having them shipped to their destination.

"It's like that feeling when you open up a brown cardboard package that just arrived in the mail," Urban Capital said.

One side of the cube features a fully equipped kitchen with a built-in sink, oven, stove top, dishwasher, refrigerator and a cupboard space.

Next to the kitchen is an entertainment section, equipped with a flat screen television, bookshelves, storage space and a hidden double bed, which slides out from beneath the cabinet.

Next to the entertainment area is the wardrobe and next to that is a hidden European laundry, with access to the bathroom, which is located inside the Cubitat.

"Cubitat is about a more intelligent, holistic way to design and construct our living environments, taking cues from the prefab (prefabricated) world and modern production methods," Urban Capital developer David Wex said.

"As a builder, we look at the automotive, consumer products and tech industries and ask why we can't operate with that much rapidity and flexibility," he said.