Andrew la Fleur Featured on CBC’s The National
Yesterday the CBC National did a feature urban living trends in Vancouver, Toronto and Montreal. For the Toronto segment they were talking about how condos are getting smaller and they featured the notorious Smallest Condo in Toronto which is one of my investment properties. I was also interviewed for the piece and you can watch the whole thing here.
The key questions that came up from the piece were:
1) Is this trend of smaller and smaller condos here to stay or just a trend that will pass? I do believe that this is the way of the future in Toronto, especially downtown but it will eventually be seen in other parts of the city as well. Don’t be surprised if someone eventually builds an entire tower of 250-400 sq ft studios. There is plenty of market demand for this type of product.
2) Have we gotten as small as we can go, or can we get much smaller? I think we still have a ways to go. 200-250 sq feet is actually very attainable given that it is designed for a single person, the layout is good, there is plenty of light from large windows, and the kitchen and bathroom are kept small and efficient.
Questions or comments? Please contact me.