October 7th, 2010
Every now and again an idea comes along where you think to yourself, ‘why didn’t IIIIIII think of that?!’
Downtown [map] by Parallax Investment Corp. is bringing such an idea to the Toronto condo market, and it’s called Flexinatur.
Flexinatur’s tagline is ‘Any Style of Living. Any stage of Life’. Let’s elaborate…
The Flexinatur Planning System is a state-of-the-art idea from Parallax and &Co. Architects in which units can be purchased and combined or divided in any number of ways to suit any style of living and phase of life.
JUST THINK OF THE POSSIBILITIES! As Dermot Sweeny from &Co. Architects says…
“The purchaser can purchase three units of space and have three independent suites – one to live in and two to rent; have two combined to form one larger suite to rent or occupy and a smaller one to rent or occupy.The owner may be single and only need one suite. Rental income allows them to buy two or three and grow into additional suites over time and when required. Have a family – take more space – kids leave, consolidate into smaller space”
View from a corner suite
‘But how is this possible?! The earth is flat and man will never fly!’ we hear you cry!
Let us clear our throat……..OK.
The suites have a modular raised floor system that allows owners to reconfigure units without penetrating the slab and suite below. Instead of shear concrete walls, loads are carried on solid concrete columns, enabling walls to change to suit your needs.
This is appealing on so many levels to so many types of buyers. Those who can’t afford a single family home downtown, those who aren’t sure what they want but have money to spend, empty-nesters who are looking to sell the house and move into a condo……pretty much anyone!
Idea: Buy 3 units, rent them all out and in 7 years time, when you’re ready to move out of your home, renovate the one big space with the money you make off the rent and go on vacation with the leftover profit while the contractors work on it.
Simple really. Now why didn’t I think of that!?
Check back soon for all the latest info and updates on Downtown.