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Advantages of Raising a Family in a Condominium

 

While the old way of thinking is to raise children in suburb homes with fenced-in yards, it is also entirely reasonable to raise a happy family in condominium buildings. Looking at the number of new condos popping up that are designed for families, the idea is steadily gaining recognition and appreciation. Besides the fact that condos cost significantly less than houses, here are other advantages of raising your family in condos;

 

There’s fun in numbers

By the numbers, we mean the people nearby who can become your kids’ friends and playmates, babysitters, other moms who can take turns taking care of the kids the building, or schoolmates who they can make projects with or review assignments with since living in the building would likely also mean going to the same nearby school.

 

Social skills building at its finest

This is relevant to both you and your kids, while they get to expose themselves to other kids their age and build lasting friendships, you also get to meet and interact with fellow parents who might share the same struggles of raising a family, something that is not always possible when living in a neighbourhood of individually-fenced homes. You will learn how to adjust to their lifestyle while they adjust to yours. You get to share valuable experiences on parenting, home management and raising a growing family. And your children acquire long-lasting friends.

 

Efficient time keeping

A more limited space means less amount of time spent cleaning, organizing, and maintaining the place. The more time you free yourself from chores, the more time you have to spend bonding with your kids, nurturing a career or pursuing interests. Living in condominiums also means being near to most, if not all living necessities -  grocery stores, medical facilities, schools, restaurants and commuter routes. Play dates no longer have to mean driving out your child to other homes. Many condo buildings have playgrounds and even daycare centres.

 

All about security

Security is a foremost consideration when it comes to choosing a place for your family. All apartments have security measures installed, which may include security cameras, key-card access doors, security personnel, and state-of-the-art alarm systems. Having the peace of mind knowing that you and your kids will be safe and secure 24/7 will make it easier for you to focus on getting other things done.

 

Cost saving

Maintaining a condo unit is more cost effective than maintaining an entire house. The utilization of water and electricity is kept at a minimum, the home can only accommodate the most important furniture and appliances, fewer rooms to set up and decorate, saving you money for your other needs and wants. You and your family also get to enjoy the condo building amenities like the gym, swimming pool, a secured playground area and the like, without the extra fees to install. 



 

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Toronto Real Estate Board - IDX Last Updated: 7/15/2018 1:21:37 PM