People often think buying their first home is a step that has to come all on their own, but that doesn’t have to be the case. More and more first-time buyers are seeing the benefits of home ownership & getting a roommate to help with the monthly expenses. By building up some equity rather than throwing your money away on rent, you’re able to save more money in the long run and own your own home.
You’ll have to qualify for the home on your own, but a roommate can help take on some of the monthly costs after you move into your new home. 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 & expenses on their own but would still like the amount of privacy you expect as an adult. Take a look at our top 5 Roommate-Friendly Floor Plans:
The Bourbon is just over 1,200 sq ft and offers a double attached garage for you and your roommate to have space to park your vehicles. The open concept kitchen allows for plenty of space for seating, and the built-in pantry offers additional cabinet space for roommates who want to keep their food items separate. The Bourbon also has the option for a built-in bar or a tech desk, perfect for extra kitchen storage or a home office space. The best part about this plan, though, is that it has two separate master suites. Each roommate can 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 spacious bedrooms in the Essex also have ensuites, though one of the suites is a bit larger. The master ensuite can accommodate double sinks and a separate space for the toilet. The ensuite in the smaller bedroom has a single sink, along with a toilet and bath/shower combo. This layout may be especially appealing when a couple shares the home with a roommate. 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 simultaneously. On the ground floor, you’ll also find a den, perfect for a home office.
Look for this model in Uplands and in Tamarack. The Tamarack neighbourhood is popular because its already well-established neighbourhood is close to amenities, schools, and recreation.
The Catalina offers no shortage of space. With 1398 sq. ft., this model features 2 master suites with their own walk-in closet and private ensuite. On the ground floor, you’ll find a double attached garage & a flex space perfect for a home office or a 3rd bedroom. This space makes it perfect for privacy or time away from your roommates. Having separate hangout spaces makes having a roommate that much easier.
If you’re looking for something of a similar plan but at a lower price point, check out our Abbey:
Our Abbey is essentially a shrunken-down version of the Catalina, but you’ll quickly see it doesn’t feel cramped. Similarly, this functional floor plan has 2 bedrooms upstairs & a 3rd bedroom on the ground floor. The Abbey offers a single attached garage which is perfect for those snowy winter days. If you choose this floor plan, you and your roommate will enjoy upstairs laundry, a private powder room on the first floor & a balcony off the kitchen. 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.
If you’re looking for additional outdoor space, our FEE SIMPLE townhome locations in Secord, Rivers Edge & Easton all offer the Abbey with a front fenced yard.
The Vista’s well-thought-out floor plan is a must-see. This floor plan works well for roommate situations because it offers 2 master suites, both with their own walk-in closet and private ensuite. This setup gives each person the privacy they really want while allowing you both to save on housing costs. On the ground floor, you’ll find a double attached garage & a 3rd bedroom that can also be used as a flex space. The best part about the 3rd bedroom being on the ground level is that it is separate from the rest of the bedrooms. This location makes the space perfect for a gaming room, movie room, or even a home-based business. It’s an ideal choice for those looking for an affordable home that works well for roommates.
You don’t have to be ready to tackle homeownership all on your own. Having a roommate to share some of the costs can be a great solution for those who are interested in owning a home but perhaps aren’t ready for all of the additional responsibilities. The floor plans we have described are just a few of the styles StreetSide offers! Contact us today to learn more about our floor plans and find the right one for you. 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.