Toronto Loft Conversions

Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

Modern Toronto Lofts

Modern Toronto Lofts

Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

Unique Toronto Homes

Unique Toronto Homes

More than just lofts, I can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Mid-rise living has its advantages

Michael Collins-Williams – Special to QMI Agency

No doubt, many of today’s home buyers think of just two options when it comes to purchasing a new home —it’s either a high-rise condo in Toronto or the more traditional low density suburban home. But as our communities evolve — more and more consumers are recognizing the benefits in buying a home in a mid-rise building. This third option for home buyers is anticipated to flourish in the years ahead.

Across the Greater Toronto Area, decades of low density development has not always made the most efficient use of existing infrastructure. Most of us are all too familiar with ever increasing traffic congestion, longer commutes and rising housing costs. Despite these issues, our relative prosperity ensures that the GTA will remain the destination of choice in Canada for tens of thousands of new immigrants for the foreseeable future. If we are going to preserve the high quality of life we’ve all become accustomed to, new patterns of growth planning and transportation planning are inevitably going to evolve.

One of the key factors supporting mid-rise condo development is the increasing environmental awareness of governments, businesses and citizens which is directing us to utilize our resources more efficiently. In the coming years, this will translate to an increased focus on the renewal of community infrastructure, as well as the protection and enhancement of our assets. Recent changes in the policies of the provincial government, such as the Growth Plan for the Greater Golden Horseshoe and the Greenbelt Plan are some of the driving forces behind intensification of new development today. Mid-rise buildings will become much more common as the building type of choice both for developers constructing them and new home buyers looking for affordable options that aren’t located in the concrete jungle of downtown Toronto.

As well, Canadians can reduce their impact on the environment through mid-rise condo living. Individual suites are typically smaller than single family homes which is an effective way to reduce both the carbon footprint and the monthly operating costs for homeowners. Glenn Miller, vice-president of the Canadian Urban Institute, suggests “the mid-rise building form has the potential to be the most energy efficient of all building forms.” This type of housing is a perfect opportunity to help the environment and your pocketbook. The buildings themselves are typically located on main streets close to shops and services, which reduces auto-dependency and promotes a healthy active pedestrian lifestyle. Miller notes that “mid-rises are built to a human scale that contributes to street life”. This provides a perfect smart growth alternative to larger scale apartment blocks without compromising the character of traditional neighbourhoods.

The graying of society with many baby boomers approaching retirement age is a second major driving force behind mid-rise condo development. This growing segment of society will increasingly be looking to downsize and live in an easy, maintenance-free lifestyle that doesn’t involve a lot of stairs. Unlike towering skyscrapers, mid-rise buildings in the four to eight floor range have the ability to integrate themselves within the existing urban fabric. These boutique style condo buildings are perfectly suited to provide a new supply of housing to a growing portion of the housing market in an aging society.

Mid-rise condos provide opportunities to enhance our communities while reducing our impact on the environment. Mid-rises blend into and improve neighbourhoods as Miller further suggests that “it’s a building form that adds to the quality of life in cities through quality urban form.

Mid-rise buildings can be viewed as an ideal scenario to provide an affordable supply of new housing for potential home buyers and slightly increase densities without disrupting established communities. There is almost an overwhelming amount of choice in today’s rapidly evolving real estate market. However, considering all the environmental, economic and lifestyle benefits that mid-rise living has to offer, a home in a mid-rise project is a choice worthy of consideration for anyone in the market for a new home.

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Contact Laurin Jeffrey for more information  –  416-388-1960

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