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What is a Good Condo for Downsizers?

Posted January 27th, 2012

As the baby boomer generation ages, we’re starting to see the first signs of this demographic interested in selling their family homes in exchange for single level condominium living. Many empty nesters have the same criteria:

- over 1300 sq ft
- significant outdoor space
- TTC within a 5 minute walk
- 2 bdrm plus den with 1 parking spot
- prefer not to have to do any renovations
- lots of natural light

You would think that there would be lots to choose from but not so. In particular, it’s hard to find a suite like this in a new building that’s not marketed and priced towards the luxury million dollar plus crowd. There are exclusive new construction options with suites that meet this criteria but most are priced over $700 per sq ft. By far, the hardest single criteria is having significant outdoor space to replace a garden or backyard. Most are reluctant to abandon their homes if they have to lose their own private outdoor oasis where they enjoy our short summers. The move to a condo will always require some sacrifices but it’s very nice to have an outdoor space large enough for a table and chairs where you can occasionally share a meal or grow some planters.

One great option is the following suite for sale which is 1417 sq ft with another 313 sq ft terrace. The building, West Harbour City, is less than 2 years old so it really is an oppourtunity to simply move in and enjoy. It has the highly sought after split 2 bdrm floorplan with a seperate den located on the North East corner of the building which gives lots of natural light. Most older buildings don’t have the ammenities that the newer buildings offer such as a 10,000 sq ft recreational facility with a pool, guest suites and party room. At $469 per sq ft, it’s very hard to beat this value.

For more details about this suite, please click here West Harbour City Condo For Sale.

Here is a video of the suite as well.

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