Will transformable condos lift off in Canada?

Kitchen islands that transform into dining tables. Master bed that folds up into the wall. Is this picture the next generation of condo units?

 

Canadian condo buyers and tenants have become accustomed to smaller spaces, but more developers are taking it a step further with “transformable” offerings.

Base Properties this week broke ground on what they call the world’s first transformable homes built in a large scale condo development, a concept they called BosaSPACE. The new complex is located at the new University District tower in Surrey’s Central City.

"Often, the true livability of an affordably-priced condo suffers as spaces get smaller and smaller," says Vancouver housing analyst Michael Ferreira of Urban Analytics. "BosaSPACE is the first real solution we've seen and I expect that it will change the way planners, architects, designers and developers approach condominium design from here on.”

Speaking to CREW, Erica Smith from The Condo Chicks believes this concept will become a real future trend.

“With space being a premium and more people moving to Toronto, these condos could have a strong play in the market. Space is already a premium with units becoming smaller and smaller, so transformable condos are a natural next step.”

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