08-14-2025, 08:46 AM
(08-14-2025, 08:29 AM)Momo26 Wrote: Interesting @ micro unit approach. From dollar per square foot perspective, sounds the 1 bedrooms are asking for more than the going per sqft rate right now!
I know we need to intensify but I can also appreciate the neighbors' concerns. I don't know that area all that well - are there already lots of mid rises/6-plex/12-plex there etc?
There's a townhouse complex right across the street, and a four-storey apartment building next door to that. This parcel is on the corner, so it's probably the neighbours behind on the residential street who are commenting.
I think these are expensive for the size. A newish two bedroom on the larger side (let's say 850 square feet), those can be had for $2,300 a month now. $860 for 240 square feet doesn't seem like a bargain, and most importantly to me, I'm not sure that's the kind of thing that Waterloo Region should be subsidizing.

