People often think of buying their first home as the step that comes after getting married, but it’s just not the case anymore. In fact, more and more singles are seeing the benefits of home ownership. By building up some equity from a young age rather than throwing your money away on rent, you’re able to save up a bigger down payment for when it’s time to buy that large family home.
You’ll have to qualify for the home on your own, but a roommate can help take on some of the costs. Fortunately, some of the floor plans StreetSide offers are extremely roommate-friendly. These homes are particularly well-suited to those who don’t necessarily want to foot the whole mortgage bill on their own but would still like the amount of privacy you expect as an adult.
The Bourbon is over 1,200 sq ft and offers a double attached garage for you both to have space to park your cars in the attached garage. The built-in pantry offers plenty of space for roommates who want to keep their food items separate, and the optional bar is perfect for entertaining company. The best part about the Bourbon model, though, is that it has two separate master suites. Each roommate is able to have his or her own private bathroom and walk-in closet.
This model is currently available in most of our townhome communities where our three-storey product is offered. If you would like to view the 3d tour of this home, see it here.
The two bedrooms in the Essex also have ensuites, though one of the suites is a bit more luxurious. The master ensuite can accommodate double sinks and a separate space for the toilet, while the ensuite in the smaller bedroom has a single sink, along with a toilet and bath in the one room. This layout may be especially appealing in a situation where a couple is sharing the home with a friend. On the main floor, there’s a large kitchen with a centre island. This makes it easier when you have multiple roommates trying to cook at the same time.
Look for this model in Crystallina, Cy Becker, McLaughlin, Skyview, Tamarack and the Uplands at Riverview. The Skyview neighbourhood is particularly popular because it’s closer to the downtown area, and the condos here offer rooftop terraces.
The Olympia – Aloft Skyview
The Olympia floor plan is a single-floor plan for a condo, but it certainly doesn’t lack in space. If you choose this floor plan, you and your roommate will enjoy a large foyer with a closet big enough for everyone’s coats. The master suite is by far the better arrangement, with a walk-in closet, an ensuite, and entrance to the balcony, but the second bedroom does have a walk-in closet of its own. There is a full bathroom for your roommate to use, and you may want to allow him or her full use of the den next to that second bedroom to make up for the lack of ensuite.
The Alexandria – The Crossroads of Rutherford
At just under 1,000 square feet, the Alexandria floor plan might sound small, but you’ll quickly see it doesn’t feel cramped. Best of all, it’s affordable, so you can feel confident knowing you’ll be able to afford it if you can’t find a roommate right away. You’ll love the luxury that comes with having an ensuite in your bedroom and access to the balcony from your room. While the second bedroom doesn’t have an ensuite, there is a bathroom just outside the door. With a large pantry closet and a laundry room, you’ll find this is a big step up from most apartments.
The McCarran – The Crossroads of Rutherford
The McCarran works really well for roommate situations because the bedrooms are on opposite ends of the home. This gives each person the privacy he or she really wants while allowing you both to save on housing costs. There’s a walk-in closet at the entryway, so you have plenty of storage space, and the deck is large enough to host a gathering with a few friends. It’s an ideal choice for those looking for an affordable home that works for roommates.
You don’t have to be ready to settle down to start looking at nice, new homes. Condos are the perfect solution for young adults who are interested in owning a home but perhaps aren’t ready for all of the additional responsibilities that come with a detached home. The floor plans we’ve described are just a few of the styles StreetSide offers. Stop by one of our communities today to get a glimpse of what our show suites look like. You’ll be amazed at how affordable it can be to own your own home, especially when you have a roommate helping out with mortgage payments.