It is important to keep the downtown core vibrant and diverse with families, singles and seniors. Children are enriched by experiencing city environments and seniors are less isolated when their families all live nearby.
Most condo developers are building bachelor, 1 bedroom and 2 bedroom units. Families with 2 or more children have very few housing options downtown and are forced to look elsewhere. As of 2009 Toronto’s Planning and Growth Management Committee are encouraging developers to build more 3 bedroom units in future builds. The city is recognizing the need for diversity in their condo units, but there are still several other concerns:
- All 3+ bedroom condos are priced over 1 million, making it near impossible for a single income family to afford
- Most larger condos are rented by students rather than families
- 3 bedroom condo units are typically 800 square feet (like the photo above), making it a tight squeeze for a family!
Lack of available housing for families is a big problem, but it also goes hand-in-hand with lack of affordable housing downtown. What do you think the solutions is?
See details on the Planning and Growth Management Committees Official Plan Amendment to Encourage the Development of Units for Households with Children here.