As prices of new low-rise homes in the GTA continue to reach all-time highs, more and more families are calling new condominiums home.
The GTA continues to grow, with up to 36,000 new families formed every year, and demand for family-friendly condominiums is on the rise.
The building and land development industry is responding to the demand for family-friendly condos and many new high-rise developments feature larger suites, extra storage space, outdoor space and child-friendly amenities.
A key component of building family-friendly condominiums is designing suites that are practical and appealing to parents with young children. That means creating units that maximize living space to keep the homes affordable, while ensuring there is ample space to store toys and strollers. Builders are doing this through sacrificing bedroom size to increase living room space and to provide deeper closets.
Developers like H&W Development Corporation are building condos with larger suites that cater to purchasers starting a family or already raising kids. The suites at the company’s Fontana Condos development in Markham average around 800 square feet, and the two-bedroom-plus-den layouts garner lots of attention from families with small children.
The family-sized suites are complimented by a two-acre urban park adjacent to the development that H&W is building with the City of Markham. The park was designed with families in mind, and features a playground for the kids and plenty of benches for parents.
Other projects, like The Eglinton by Menkes Developments in Toronto, bring the playground indoors. The Eglinton features a Kids Room with child-friendly flooring, furniture and built-in stations with toys designed to stimulate learning. The developer was inspired to create the child focused amenity space (pictured above) because of the increase in the number of families moving into its developments in recent years.
Tridel’s Islington Terrace development will include both indoor and outdoor spaces designed for children. Inside there will be a colourful Children’s Play Room with plenty of tables for activities such as arts and crafts. Outside the development will have a dedicated Children’s Play Zone with a splash pad. Meanwhile the developer’s Metrogate community offers two daycare centres on site.
These are just a few examples of why new communities in the GTA are among the best in the world.