HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Regional Sections > Canada


Reply

 
Thread Tools Display Modes
     
     
  #81  
Old Posted Oct 12, 2024, 5:51 AM
MonkeyRonin's Avatar
MonkeyRonin MonkeyRonin is offline
¥ ¥ ¥
 
Join Date: Sep 2006
Location: Vancouver
Posts: 10,545
Quote:
Originally Posted by dleung View Post
Whether it's mid-rise or high-rise, I'd never live in a building with less than 200 units. You get better amenities and more owners to share risks with. I'm on an 8th floor podium/terrace unit in Toronto and a 30th floor unit in Vancouver, and definitely prefer the former over any ground-oriented unit or SFH no matter where it is (large west-vancouver mansions excepted). Low-rise, if not somewhere unwalkable, means living in constant shadow of other buildings or with neighbours staring straight into your windows.

Also 1 FSR is only good for gentle densification of unwalkable areas, but is not nearly enough to justify transit expansions. I like to live near the subway, so 2.5 FSR should be the minimum density for living within walking distance.

Different strokes for different folks I guess, but I hated the 2 years I lived on the 15th floor of a ~300 unit tower. Experientially generic, too isolating, too disconnected from the street, and too one-dimensional with its typical single-directional view - vertical suburbia, basically. Though there are certainly better towers out there.

Everywhere else I've lived since in both Toronto & Vancouver have been like one these - either ground-oriented apartments in heritage duplex/triplexes or low-rise walkups. Not lacking in density; and no shadows, lack of privacy, or lack of access to higher-order transit to speak of. With much better access to the outdoors, more greenery, more interesting urbanity, typically better & more complex floorplans, and a better sense of community to top it off.

__________________
Reply With Quote
     
     
  #82  
Old Posted Oct 12, 2024, 2:05 PM
WhipperSnapper's Avatar
WhipperSnapper WhipperSnapper is offline
I am the law!
 
Join Date: Sep 2002
Location: Toronto+
Posts: 22,855
1 times density is a number fulfilling that ingrained desire for our existing cities to absorb more and more people. I no longer believe in the necessity of Toronto to continually add 100,000 people per year. I think it's a liability that has been given so much focus financially that other wealth generating opportunities for the entire nation than just institutional investors have been squandered. There are many parts of Toronto, for example, in which 1 times density is inappropriate to the neighbourhood design for maintaining the quality of life. All things considered, we are adding more density and pursuing alternative modes of travel that are more space saving from cars. We aren't redesigning the blueprints of these neighbourhoods to lessen the impact of greater densities.

A minimum of 2.5 density to produce highly walkable neighbourhoods with rapid transit options is a deficiency in transit investment and a case for the popularity of auto dominating suburban sprawl than an actual minimum requirement.

I've lived in a number of high rise buildings from 8 units per floor to 17 units per floor. Despite the densities, the sense of a neighbourhood pales in comparison to living in one of inner city Toronto's neighbourhoods. The streets are public boulevards. The dog walkers are typically your neighbours. Apartments, on the hand, are gated communities. The dog walkers can be from any number of buildings. When you befriend a dogwalker from another building you typically schedule a meet in a neutral commercial establishment in which the cost on the proposed meet is a deciding factor over just having a impromptu chat on the porch. On top of that, I can't say how common this is. I've been in a condo in which the owner only has access to their floor via the elevators. Double gated.

Open space regardless of private or public ownership is an asset. It can provide shade. It can absorb water. It can grow crops. It can absorb heat. It cleans the air. The forum obsesses over sprawl paving farmland. Downtown Toronto isn't sprawl but, it is a paved over environment. That's not what necessarily has been done in Leslieville but, it could easily become like paved over downtown Toronto with this pursuit of a blanket minimum population density
Reply With Quote
     
     
  #83  
Old Posted Oct 12, 2024, 4:28 PM
Nouvellecosse's Avatar
Nouvellecosse Nouvellecosse is offline
Volatile Pacivist
 
Join Date: Aug 2005
Location: Nova Scotia
Posts: 10,950
Quote:
Originally Posted by dleung View Post
Whether it's mid-rise or high-rise, I'd never live in a building with less than 200 units. You get better amenities and more owners to share risks with. I'm on an 8th floor podium/terrace unit in Toronto and a 30th floor unit in Vancouver, and definitely prefer the former over any ground-oriented unit or SFH no matter where it is (large west-vancouver mansions excepted). Low-rise, if not somewhere unwalkable, means living in constant shadow of other buildings or with neighbours staring straight into your windows.

Also 1 FSR is only good for gentle densification of unwalkable areas, but is not nearly enough to justify transit expansions. I like to live near the subway, so 2.5 FSR should be the minimum density for living within walking distance.

Quote:
Originally Posted by MonkeyRonin View Post
Different strokes for different folks I guess, but I hated the 2 years I lived on the 15th floor of a ~300 unit tower. Experientially generic, too isolating, too disconnected from the street, and too one-dimensional with its typical single-directional view - vertical suburbia, basically. Though there are certainly better towers out there.

Everywhere else I've lived since in both Toronto & Vancouver have been like one these - either ground-oriented apartments in heritage duplex/triplexes or low-rise walkups. Not lacking in density; and no shadows, lack of privacy, or lack of access to higher-order transit to speak of. With much better access to the outdoors, more greenery, more interesting urbanity, typically better & more complex floorplans, and a better sense of community to top it off.

This really goes to show that preferences and attitudes toward density and housing types are in large part down to individual preference. That picture in particular is very instructive. Many, including me, would consider areas like that very appealing. But I've heard countless people complaining when modest density increases of that nature are proposed such as allowing semi-detached or attached houses, subdivided houses, or small apartment buildings in areas where fully detached houses prevail. People actually claim that it will destroy the communities or at least the quality of life. While there are certainly trends where types of housing and density appeals to a plurality or even a majority of people, they are not universals that apply to everyone. So it's up to each person to decide what they find appealing and which trade-offs they want to make. It also suggests the importance of open-mindedness because people are resistant to change and can imagine negative outcomes from change much easier than positive ones.

Which is why it's so frustrating when we often hear claims that increased density is incompatible with quality of life because it's just not true. It's overly simplistic and reductive to suggest that one factor determines quality of life when it's far more complicated than that. There's no such thing as a neighborhood or the quality of life in a neighborhood being destroyed by adding extra density to it. That is only done through poor design and execution decisions which are density agnostic. So we have situations where people extol the virtues of neighborhoods like the one in the picture above while most NIMBY activity opposes it and demands only fully detached houses. And then there are people who express a preference for mid/high-rise living like in the first post, while the second use neighbourhoods that NIMBYs would have a meltdown over over as a counter example.

Some cities are notorious for having small homes and it results in a greater public life since it leads to people spending more time in social settings and third places. But of course that depends on those places being allowed to develop. And there are other settings where the density is low but quality of life is achieved by making it a more communal setting like a small town, contrasting with the sparse individualism characteristic of modern suburbia. I've also seen dense neighborhoods that were extremely lush and green with potted and hanging plants, vines, shrubbery, street trees etc. While I've seen low density areas with little greenery other than patches of grass.

The absolute, non-relative, non-subjective aspects of density are things like the amount of land a style of development uses, the cost to service it with infrastructure, and the travel distances that result from how spread out an area is. Beyond that, subjective aspects like quality of life can be discussed in terms of individual experience, but we absolutely cannot make categorical statements in terms of one development type of density offering a higher quality of life than the other. It depends on how it's done and who will be experiencing it.
__________________
"The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man." - George Bernard Shaw
Don't ask people not to debate a topic. Just stop making debatable assertions. Problem solved.
Reply With Quote
     
     
  #84  
Old Posted Oct 14, 2024, 12:43 PM
yaletown_fella yaletown_fella is offline
Registered User
 
Join Date: Feb 2009
Location: Toronto
Posts: 3,422
The Wilson Ave stacked townhome development that got hit with the 70k per unit special assessment is still listed on Decade Homes website.

Amazing they didnt pull it down yet or rip down their website altogether.

If you're buying lower to middle market , I would avoid these small fries builders

I havent seen this happen in a Tridel building under 30 years old.. as long as the condo board is reasonably managed.
__________________
Supporter of Bill 23
Reply With Quote
     
     
  #85  
Old Posted Oct 21, 2024, 5:15 AM
dleung's Avatar
dleung dleung is offline
Registered User
 
Join Date: Nov 2009
Location: Toronto
Posts: 6,513
Quote:
Originally Posted by MonkeyRonin View Post
Different strokes for different folks I guess, but I hated the 2 years I lived on the 15th floor of a ~300 unit tower. Experientially generic, too isolating, too disconnected from the street, and too one-dimensional with its typical single-directional view - vertical suburbia, basically. Though there are certainly better towers out there.

Everywhere else I've lived since in both Toronto & Vancouver have been like one these - either ground-oriented apartments in heritage duplex/triplexes or low-rise walkups. Not lacking in density; and no shadows, lack of privacy, or lack of access to higher-order transit to speak of. With much better access to the outdoors, more greenery, more interesting urbanity, typically better & more complex floorplans, and a better sense of community to top it off. ]
Forgot to caveat that both my places are corner units with pretty good views.

I would say show me a ground-oriented unit on MLS you'd live in, and for the same price point I'd be bound to find a downtown mid/high-rise condo unit that I'd prefer more.

(Granted not all units are created equal - I still can't get over how little light/views factor into condo prices in Toronto, unlike Vancouver)
Reply With Quote
     
     
  #86  
Old Posted Nov 30, 2025, 12:22 AM
whatnext whatnext is offline
Registered User
 
Join Date: Feb 2009
Location: Vancouver
Posts: 26,748
One fire, 408 households disrupted:

Thorncliffe Park condo fire burns into 3rd day as crews fight ‘smoldering’ blaze in a confined space
By Jermaine WilsonOpens in new window
Published: November 29, 2025 at 9:45AM EST

Toronto fire crews are entering a third straight day battling a stubborn blaze at two Thorncliffe Park apartment towers, with officials warning there is still no timeline for residents to return home.

Emergency crews were first called to 11 Thorncliffe Park Dr. and 21 Overlea Boulevard at around 1:30 p.m. Thursday afternoon for what was initially a two-alarm fire. However, the situation quickly escalated and was at one point declared a five-alarm blaze.….

…..Previously, officials confirmed the fire to have originated from an electrical issue, forcing the evacuation of all 408 units across the two high-rise buildings.

Despite round-the-clock efforts, crews say access challenges inside the structures continue to slowly progress, as hundreds of displaced residents wait for answers….


https://www.ctvnews.ca/toronto/artic...onfined-space/
Reply With Quote
     
     
  #87  
Old Posted Nov 30, 2025, 2:54 AM
EnvisionSaintJohn's Avatar
EnvisionSaintJohn EnvisionSaintJohn is online now
New Brunswick, Canada ⛵️
 
Join Date: Apr 2023
Location: Canada's first City 🍁🌊
Posts: 3,530
Quote:
Originally Posted by SignalHillHiker View Post
The condo market here is a bit primitive compared to Canada's largest cities, but the cost doesn't really reflect that. Most of them are just apartment buildings whose owners turned them into condos. There are generally no amenities on site - no gym, no pool, no superette, nothing. It's just an apartment building with a different ownership structure. Yet the condo fees are typically $500/month or more.

I purposely did not consider a condo while I was looking, even though a couple of cute ones went on the market during that time. It just wasn't worth the monthly fees when you can (and did) get a rowhouse with no condo fees for less.
Is it possible to just own an apartment with minimal fees? Or would that still be considered a condo?

It's too bad condos aren't much a thing in Saint John or St. John's... would be nice to see more condo towers built... think of the ocean views. 🥹
__________________
Peace and Athabasca and Coppermine and Slave, And Yukon and Mackenzie—the highroads of the brave. Saskatchewan, Assiniboine, the Bow and the Qu'Appelle, And many a prairie river whose name is like a spell. They rumor through the twilight at the edge of the unknown, "There's a message waiting for you, and a kingdom all your own. — Bliss Carman
Reply With Quote
     
     
  #88  
Old Posted Nov 30, 2025, 4:55 AM
Architype's Avatar
Architype Architype is offline
♒︎ verified human
 
Join Date: Mar 2004
Location: 🍁 Canada
Posts: 13,854
^ Condos have to be fairly large buildings in order to economically justify amenities; I'd say at least around 100 units, except for luxury buildings where the threshold may be a bit lower. Also, not having amenities isn't such a big deal if the neighborhood itself is the amenity; since the area is developed (dense) enough to justify living in a condo (or apartment), or where SFH itself is absent. IMO condo living in low density suburbs is pretty useless since you will have all of the disadvantages without any of the advantages that come from living in the central city. I guess the exception is where you have regional centres like Metrotown that can try to duplicate high density downtown areas. Demographics matter too, larger cities traditionally have more single occupancy households, and ones without children.
Reply With Quote
     
     
  #89  
Old Posted Dec 1, 2025, 2:31 AM
casper's Avatar
casper casper is online now
Registered User
 
Join Date: Nov 2011
Location: Victoria
Posts: 12,244
Amenities are a weird thing. I use to live in tower in Saskatoon that had a small swimming pool in the basement. (It was one of Boardwalk tower). It included a basement level with a large common room, and a second room that had a swimming pool and some exercise equipment. I used the exercise equipment a few times. Never had I ever seen someone use the swimming pool.

I guess it came up to the point where it needed to be refurbished. They asked the residents. No one want it so it was removed.

The building I now own a condo in, is a two tower complex. The swimming pool was abandoned years ago. I think there is also an abandoned sauna as well.

----

Changing topics slightly. Wood high rises are an up and coming thing ....

Video Link
Reply With Quote
     
     
  #90  
Old Posted Dec 1, 2025, 5:39 PM
WarrenC12's Avatar
WarrenC12 WarrenC12 is offline
Registered User
 
Join Date: May 2007
Location: East OV!
Posts: 24,345
Swimming pools are really expensive to maintain on a regular basis, then require a semi-regular overhaul. I think they can be worthwhile if the expense is split over 200+ units, maybe more.

I have seen nice pool/spa facilities in complexes that are multi-tower and shared between a number of towers, perhaps up to 500 units.

Compare that to a "static" amenity like a gym that is cheap to maintain and probably used as much or more than pools and hot tubs.

If I think about the alternatives in Vancouver, pools are cheap but jammed and hard to even get a spot in. Gyms are everywhere but more spendy.
Reply With Quote
     
     
  #91  
Old Posted Dec 3, 2025, 4:06 AM
YOWetal YOWetal is online now
Registered User
 
Join Date: Oct 2006
Posts: 7,427
Quote:
Originally Posted by WarrenC12 View Post
Swimming pools are really expensive to maintain on a regular basis, then require a semi-regular overhaul. I think they can be worthwhile if the expense is split over 200+ units, maybe more.

I have seen nice pool/spa facilities in complexes that are multi-tower and shared between a number of towers, perhaps up to 500 units.

Compare that to a "static" amenity like a gym that is cheap to maintain and probably used as much or more than pools and hot tubs.

If I think about the alternatives in Vancouver, pools are cheap but jammed and hard to even get a spot in. Gyms are everywhere but more spendy.
They really aren't that expensive. Looking at Condo budgets it's usually a rounding error. Maybe $20 a year in a 100 unit building. I guess it might also impact insurance costs and there would be some reserve funds needed but it's far from one of the main expenses.
Reply With Quote
     
     
  #92  
Old Posted Dec 3, 2025, 1:54 PM
niwell's Avatar
niwell niwell is offline
sick transit, gloria
 
Join Date: Nov 2004
Location: Roncesvalles, Toronto
Posts: 11,562
Of those I know with pools in their condo building/complex the biggest issue doesn't seem to be cost but seemingly constant maintenance that keeps the pool closed a large portion of the year. I assume there are well-run buildings where this isn't the case as I'm going off of a relatively small sample size. But quite annoying for people who specifically wanted easy access to a pool when purchasing.

I love swimming but not enough to consider a condo for that amenity. A gym would be more useful but again my personal tradeoff compared to a ground-related building like a plex doesn't math out for me.
__________________
Check out my pics of Johannesburg
Reply With Quote
     
     
  #93  
Old Posted Dec 3, 2025, 4:56 PM
hipster duck's Avatar
hipster duck hipster duck is offline
Registered User
 
Join Date: Oct 2014
Location: Toronto
Posts: 4,749
^Toronto has a lot of public, indoor pools in community centres and they're all free. In the summertime, there are even more outdoor pools. There are also a lot of high schools and even elementary schools with pools, and while you can't usually access them as a member of the general public, they not only serve the kids in the school but are the venue for private swim schools, so that lessens the demand for those activities on community centre pools. Not having easy access to a pool in Toronto isn't a big deal at all.

Vancouver, on the other hand, has relatively few indoor pools. A quick google search suggests there are 12 between various community centres, a high school, and the UBC pool in a city of 800,000. In that city, and with their climate (it doesn't get very hot in the summertime so there are even fewer outdoor pools), having easy access to an indoor pool in your building is a bit more of a selling feature, although still not something I would personally spend extra on.
Reply With Quote
     
     
  #94  
Old Posted Dec 3, 2025, 5:35 PM
niwell's Avatar
niwell niwell is offline
sick transit, gloria
 
Join Date: Nov 2004
Location: Roncesvalles, Toronto
Posts: 11,562
Interesting to know about Vancouver. Public swimming pools seem like a big part of summer culture in Toronto so never really considered that wouldn't translate over to other big cities. The climate here certainly plays a factor with hot, humid summers and a higher percentage of older dwellings that traditionally would have lacked a/c (though that's no longer the case). Though this also seems to be changing in Van!
__________________
Check out my pics of Johannesburg
Reply With Quote
     
     
  #95  
Old Posted Dec 3, 2025, 5:52 PM
MonkeyRonin's Avatar
MonkeyRonin MonkeyRonin is offline
¥ ¥ ¥
 
Join Date: Sep 2006
Location: Vancouver
Posts: 10,545
To be fair, Vancouver has a lot more spots on the ocean, lakes, and rivers to go swimming outdoors in the summer. Public pools here are more likely to be used for hardcore training than they are for a casual dip or a cool off.
__________________
Reply With Quote
     
     
  #96  
Old Posted Dec 12, 2025, 7:23 PM
whatnext whatnext is offline
Registered User
 
Join Date: Feb 2009
Location: Vancouver
Posts: 26,748
Another "feature" of condo living. Imagine this shit being stored just on the other side of your living room wall!

B.C. seeks forfeiture of condo, BMW, $1 million in cash following fentanyl bust
Searches of properties in Surrey and Richmond led to the seizure of 14 kilos of fentanyl, precursor chemicals, guns and cash
Author of the article:By Gordon Hoekstra, Joseph Ruttle
Published Dec 10, 2025

... A special federal RCMP unit raided the Richmond condo and a Surrey property in September where they found nearly $86,000 in cash, more than five kilograms of fentanyl, cocaine and firearms, including automatic assault rifles....

...The RCMP’s clandestine laboratory enforcement and response team, known as CLEAR, also found records of sales, collections and debts, a money counter, five cellphones and two laptops at the condo.

The condo is owned by Tan Ping Ben Ng, who is named in the forfeiture suit along with Yuen Mai Alice Li and Marco Lok Tin Ng.

The 2022 BMW is owned by F&J Management, but the forfeiture claim alleges that Marco Ng is the “beneficial owner”....


https://vancouversun.com/news/rcmp-d...-lab-surrey-bc
Reply With Quote
     
     
  #97  
Old Posted Feb 19, 2026, 12:03 AM
someone123's Avatar
someone123 someone123 is offline
hähnchenbrüstfiletstüc
 
Join Date: Nov 2001
Location: Vancouver
Posts: 35,312
I'm not sure where to file this one but I found it interesting. It's an aerial shot of a highway by Halifax with greenfield suburbs developed in the last few years, and then older exurbia visible in behind, particularly to the upper left. It illustrates a couple of things I think about with land use and housing types:

- The roads going to the exurbs make them look prominent on a map, but they house a tiny portion of the population (and are not being built much anymore).
- This has a lot of suburban car-oriented multi-unit housing which I tend to think of as the worst of both worlds, although some buildings have nice views.
- There are some large attractive detached lakefront houses pictured as well; I get why people want those.


Source
Reply With Quote
     
     
  #98  
Old Posted Feb 20, 2026, 2:44 AM
theman23's Avatar
theman23 theman23 is offline
Registered User
 
Join Date: Apr 2007
Location: Ville de Québec
Posts: 6,279
Quote:
Originally Posted by someone123 View Post
I'm not sure where to file this one but I found it interesting. It's an aerial shot of a highway by Halifax with greenfield suburbs developed in the last few years, and then older exurbia visible in behind, particularly to the upper left. It illustrates a couple of things I think about with land use and housing types:

- The roads going to the exurbs make them look prominent on a map, but they house a tiny portion of the population (and are not being built much anymore).
- This has a lot of suburban car-oriented multi-unit housing which I tend to think of as the worst of both worlds, although some buildings have nice views.
- There are some large attractive detached lakefront houses pictured as well; I get why people want those.


Source
With the exception of those lake front mansions, this could be anywhere in Canada (or even Seattle actually). It’s a failed typology from the late noughties based on the idea that our carbon footprint is more closely associated with the size of our dwelling and not the design of our communities. There’s also this belief if you just cram people into smaller and smaller boxes that public transit and vibrant walkable neighbourhoods will magically appear.

Here's a particularly depressing one built in Gatineau:
https://maps.app.goo.gl/nhQCjqHkHncri92i8
If you zoom out, you'll see that it's in the middle of nowhere and that even the small outdoor mall that they built is too far to be within walking distnace of most of the development.
__________________
For entertainment purposes only. Not financial advice.
Reply With Quote
     
     
  #99  
Old Posted Feb 20, 2026, 3:09 AM
Nouvellecosse's Avatar
Nouvellecosse Nouvellecosse is offline
Volatile Pacivist
 
Join Date: Aug 2005
Location: Nova Scotia
Posts: 10,950
Quote:
Originally Posted by theman23 View Post
With the exception of those lake front mansions, this could be anywhere in Canada (or even Seattle actually). It’s a failed typology from the noughties based on the idea that our carbon footprint is more closely associated with the size of our dwelling and not the design of our communities. There’s also this belief if you just cram people into smaller and smaller boxes that public transit and vibrant walkable neighbourhoods will magically appear.
I don't think any of that is true other than the "it could be anywhere" part. The reason these type of apartments are built in suburbia is that here are (and previously were many more) barriers to infill development within the existing developed area. Largely based around NIMBY concerns such as "neighbourhood character", a euphemistic phrase denoting an antipathy to change and often a desire to pretend a city is a small, quaint town. So new residents that can't afford detached houses get pushed out onto greenfields the same way that new residents who can afford detached houses do. Mainly because limiting supply of in town units makes them pricier and prevents there from being enough to meet demand.

So people "drive until they qualify" out to suburban areas in which development is in a suburban format by default because that's all much of post-war North America knows how to do. It has absolutely nothing to do with environmental concerns or walkability. I'm not even sure what the proposed mechanism for that is supposed to be. Prospective suburban residents who can afford houses choosing apartments because of environmental concerns? Non-existent government policies pushing people to choose small condos over large condos or houses? Not that you can tell the size of the units based on the image. The government doesn't do anything to push people into smaller units if they want and can afford larger. In fact, the only significant way I can think of where the government directly influences unit size is by placing a lower limit on unit size to prevent them from being too small. The city is just now in the process of loosening restrictions on tiny homes after the trend was already spreading for years. Yes restrictive zoning and other planning policies reduce units sizes by making homes more expensive so people can afford less, but that's both indirect and unintentional.

This almost sounds like one of those people who I want to complain about "crazy environmentalism" or whatever, so anything they don't like seems like an opportunity to do that.
__________________
"The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man." - George Bernard Shaw
Don't ask people not to debate a topic. Just stop making debatable assertions. Problem solved.
Reply With Quote
     
     
  #100  
Old Posted Feb 20, 2026, 3:44 PM
hipster duck's Avatar
hipster duck hipster duck is offline
Registered User
 
Join Date: Oct 2014
Location: Toronto
Posts: 4,749
There's a market for that kind of suburban car-oriented multifamily building. There are a lot of singles, couples and empty-nesters who want to live in a metropolitan area for the jobs and services, but don't care about urbanism and will not pay a premium for it.

This is also pretty much the cheapest type of new-build home you can buy. Also, the unit sizes of those slab apartment buildings are usually fairly generous, at least by modern standards. If you want bad unit sizes with horrible layouts, then a Vancouver or Toronto style point tower is the worst. At least if you buy one in a walkable area, your immediate neighbourhood can be your "living room". If you buy one of those in a suburb, then you're stuck with the worst of both worlds.

Those new-build suburban slab condos might limit your home equity growth, though, for several reasons:

1. There will always be a new supply of neighbourhoods on the edge of development, unlike a supply of pre-war walkable neighbourhoods which is fixed;

2. That kind of home will not be on the fringe in 20 years, so for people who aspire to live at the edge where city becomes nature won't seek that property out in the future;

3. Living in a walkable area is a bit of an elite preference that attracts people who come from money, so there's a bit of a ceiling for how much a condo in a car-centric, suburban area can fetch, even if it's luxurious on the inside. Suburbia is very middle and working class in aspiration and, sadly, those people are losing their purchasing power.
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Regional Sections > Canada
Forum Jump



Forum Jump


All times are GMT. The time now is 4:45 AM.

     
SkyscraperPage.com - Privacy Statement - Top

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2026, vBulletin Solutions, Inc.