902 Davie St 902 Davie Street, Vancouver
Affordability pressure is forcing developers to look at new and unique ways to attract new customers. Reliance Propertieshave found one solution in ‘micro-condos’. These small, innovative suites create extra space by using flexible amenities like desks that turn into dining tables or hideaway beds.
The move to these micro-units can be found in Ottawa and Toronto, as well. It allows young, entry-level buyers to get into the market in areas they want to live, close to their jobs and the urban convenience they desire.
If approved, 902 Davie will be Reliance’s third micro-condo project, and second in Vancouver, with 30 units already renting at Hasting Street’s Burns Block. It also owns The janion in Victoria.