The tour didn't last long.
Reporters and journalists were given an exclusive peek Wednesday at one of Canada's smallest condominiums in Whalley. Fifty-six suites will go on sale this coming Saturday morning.
"It's the smallest condo for sale in Canada," developer Charan Sethi, told the bundle of journalists crowded at the doorway.
The suite we toured was 307 square feet and had a nine-foot high ceiling, track lighting, a laminate oak floor and a generous balcony. In all, it presented like a comfortable, albeit small, hotel room. It will go for $126,000.
The smallest condo in the four-storey building, at 10768 Whalley Blvd., is 297 square feet and the largest is a spacious 648-square-foot two-bedroom unit.
Sixty per cent of the suites at Balance are 305 square feet or less.
The Balance building is a Tien Sher group of companies project, of which Sethi is president. Prices start at $109,000 and the condos are aimed at young professionals, single parents and retail workers who make $22,000 to $55,000 a year and are looking to buy their first home.
"People who make that sort of money, where can they buy?" Sethi submits. "I firmly believe this is an under-serviced market."
The condos are also aimed at people who don't drive but use public transit. The building is roughly a seven-minute walk from SkyTrain.
"The interest we've had so far from the consumer has been huge," Sethi said. "We have 56 suites and we have over 600 people registered on our data base right now."
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