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submitted 6 months ago by lautan@lemmy.ca to c/canada@lemmy.ca

Condo sales numbers in and around Toronto have taken a drastic tumble so far this year, and now that the market is starting to lean towards buyers ...

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[-] NarrativeBear@lemmy.world 1 points 6 months ago

Condos need to be built for families, give me more three or four bedrooms in the city, and make it more affordable.

Condo developers can't build these affordable three or four bedrooms though, because on average these layouts are about 20% larger in size to their comparable European unit layout. This is all to due to building code, and something called "point access layout" vs "common corridor layout".

If we could get more families in the city buy making costs comparable in sq/ft to a single family home in the suburb we could make cities more enjoyable and give people a better sense of belonging, as opposed to just commuting in for a few hours.

this post was submitted on 12 May 2024
144 points (96.2% liked)

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