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October 2 2018 | Buying/Selling

Multi-family Living in Luxury and Style

If you have been following the mortgage rate hikes being coupled with increasing purchasing costs, you will see that it is going to be more and more difficult to afford the luxury home that you and your family desire. With the aforementioned said, a concept that many families and friends are embracing is multi-family or multi-generational living arrangement. This is a style of home design that accommodates a living situation for more than one family.

While this concept certainly is a little bit easier on the wallet, it is not the only reason people are choosing this living situation. There are several friends and families who have chosen this lifestyle simply because they value being close to one another. Trends have shown that families from all over the world are moving here and taking on this unique living situation!

In India, Iran, Russia and beyond it is not uncommon for full families to live together for almost their entire lives; only in North America and parts of Europe do we separate so early in life. With the % of women and men choosing to live in dual-income families, it’s no wonder multi-generational dwelling styles have begun to take off again.

If you are looking for a home to accommodate multi-family living, check out our latest listing 969 Jonathon Drive which features 7 bedrooms and 8 bathrooms (a separate entrance to the basement living space). Just because people are making the decision to live together doesn’t mean they can’t do it in luxury and style! Call today for more information about this property at 416-728-5401.