If you look at new real estate development around Toronto, it seems like a city full of condominiums. A condo in the downtown core has long been the dream for many young urbanites, and builders have responded to the demand.
However, these small spaces designed for single or couple dwelling may not translate to the white-picket-fence dream of many families, which drives up the pricing on single family housing properties to a cost out of range for many buyers.
As such, many young Torontonians are opting to start their families in their existing condo space, or upgrade to a two-bedroom unit. However, there are a lot of things to consider when making the decision whether to have a downtown condo as a family home or purchase a suburban house.
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