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Granny Units - In Apartments?

Posted by: Tim Halbur

23 July 2009 - 1:00pm

The City Council of Vancouver recently gave developers the ability to create smaller units attached to condos for buyers to use as rental property.

"Vancouver architect Michael Geller, who pioneered the idea in the UniverCity development at Simon Fraser University, said people should think of them as 'basement suites' or 'mortgage helpers' in the sky.

Just as basement suites allow people to purchase a larger house, Geller explained, secondary condo suites could enable homebuyers to purchase a three-bedroom over a two-bedroom condo."

Full Story: Council OKs ‘mortgage helpers’ in the sky
Source: Metro Vancouver, July 23, 2009
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Floorplan

Submitted by I AMM on Tue, 07/28/2009 - 14:46.

One of the buildings with these is called the Novo. Anyone curious to see a floorplan - there is one here at a listing: http://www.sfu-condos.com/listing/image/2571568621.jpg

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