Vancouver’s tiny condos filling a bigger market niche

The great microsuite debate is a hot one because cities like Vancouver and Toronto are screaming for more affordability and density.

At the same time, there are those who are asking if it’s fair to expect people to live in less than 300 square feet and pay top dollar for it. It’s obvious why developers like the microsuite: the smaller the unit and the higher the tower, the greater the returns. In a low vacancy market with high rents, it’s a no-brainer for investors to snatch up microsuites and rent them back to people at a price that makes good on their investment.

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