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IN THE CONDO KNOW

~ Condo news and insights

IN THE CONDO KNOW

Daily Archives: November 18, 2019

INTERGENERATIONAL LIVING IN CONDOS

18 Monday Nov 2019

Posted by Barbara Lawlor in toronto, Uncategorized

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Tags

child, generations, grandparents, home, living, parents

Long ago, multigenerational living, referred to recently as intergenerational living, was a way of life for Canadian families who shared accommodations. Culturally and internationally, this continues to be an accepted practice, and nowadays we see a lot of families with grown children opting to live in the same suite or different suites in the same building.

Baker Intergenerational Living

For example, some parents have their post-secondary education enrolled children live with them, rather than paying out for residence and room and board. These families save thousands to put toward their mortgages. Some millennials in the working world move back in with their parents to save money toward owning homes themselves. Another situation we see a lot of is parents helping their grown children purchase suites in the same condominium, often on different floors. Essentially, they live together, yet apart for convenience and privacy. The opposite happens when adult children purchase a suite in the same condo they live in for their aging parents, which makes helping to care for the older generation more convenient.

Whether it is one large suite for two or more generations, or two or more suites in the same building, condominium living can be the perfect answer to your lifestyle needs. As I love to say, GO CONDO!

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November 2019
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Welcome!

Welcome to the Baker Real Estate blog! We are delighted to bring you news and views on the condominium scene in Toronto, across the Greater Toronto Area and even around the world, as well as the trends that influence the industry. Stay tuned for posts by members of the Baker team and beyond.

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 9,759 other followers

Blog History

November 2019
M T W T F S S
« Oct   Dec »
 123
45678910
11121314151617
18192021222324
252627282930  

Authors

Baker Twitter

  • @primont_homes brought phase 1 of SXSW to the ever-growing city of Vaughan! It’s a collection of condos and towns t… twitter.com/i/web/status/1… 4 hours ago
  • We love how @Lifetime_Dev embraced history and is enhancing the corner of King and Dufferin. XO Condos is a shining… twitter.com/i/web/status/1… 1 day ago
  • We are honoured to be part of one of the 1st Toronto projects by @aoyuaninternational. T1 @ M2M is the 2nd phase of… twitter.com/i/web/status/1… 3 days ago
  • Just posted a video instagram.com/p/B5lKIsRnzLB/… 4 days ago
  • Just posted a photo instagram.com/p/B5lKCuRnLzN/… 4 days ago
Follow @bakerinc

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