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Beyond bedrooms, both Junction Point and 1414 Bayview have been designed with families in mind. The ground floor of the former, for instance, will be pulled back from the street to create a public promenade that can accommodate strollers and pets, while the latter will equip suites with laundry rooms and double bathroom vanities.
“We’ve always gravitated towards end-user products, which are generally larger on an average-square-footage basis than investor-style products and tend to involve more two- and three-bedrooms than you would find in a typical podium tower configuration,” says Gairloch founder and president Bill Gairdner. “That’s why we went beyond the Growing Up guidelines to offer unit mixes and sizes that were attractive to families.”
A third of the floor plans for Concert Properties’ 53-storey Burke Condos feature three bedrooms, with the largest spanning 2,091 square feet. Proposed for 900 The East Mall in Etobicoke, four 20- and 21-storey towers helmed by Harhay Developments will exceed the Growing Up bedroom guidelines by 42 percent, as well as offer family-oriented amenities such as a daycare and a new public playground and park.
Larger units are appealing to investors too, Royal LePage’s Papailias says. “Eighty per cent of our clients are investors, and they’re always looking to be on top of the latest condo trend. They see that COVID has caused the cost of living to go down by 15 to 30 percent, which means renters can afford more — more building amenities, more space, more bedrooms.”