Greenbilt Homes
05/23/2024
There’s lots of activity in “Alternative Housing” hiding behind the dismal housing market stats in the GTA this spring.
People are regularly contacting Greenbilt Homes to talk about creative solutions to meet their housing needs including accommodating:
• multigenerational families
• condo and rental units
• seniors’ micro-co-ops
• ‘house hacking”
in a FlexPlex®.
FlexPlex is Greenbilt’s flexible home that transforms quickly and easily from fourplex-triplex-duplex to a single-family home.
The FlexPlex earned Greenbilt a Finalist nomination for the Angelo DelZotto Fearless Innovator Award. The winner will be announced during the BILD Awards Gala May 30th in Toronto.
The market isn’t dead, it’s just shifting in reaction to the sky-high prices of traditional housing.
When new Toronto condos are listed for more than $1,500 per square foot and the average resale price of a single detached home in Toronto is more than $1.7 million , people get disenchanted with traditional housing models.
If you are disenchanted, call us 416.839.7773 or send us a message.
05/20/2024
Open to innovative ideas that make home ownership possible?
Thanks to our affordable, sustainable FlexPlex®, Greenbilt Homes is nominated for a major innovation award. We’re 10 days away from finding out if we’ve won!
Learn about FlexPlex and making home ownership attainable in our free newsletter.
Articles on:
- our housing affordability ideas
- low-cost sustainability
- how building flexibility keeps your home affordable
05/08/2024
If you are a Boomer, this may be of great interest to you. Our friendly and engaging Councillor Amber Morley, Ward 3 Etobicoke-Lakeshore came to tour the Greenbilt Homes FlexPlex on the weekend.
We talked about many things, including the flexibility of this fourplex design to transform into a single-family home or duplex or triplex. She was also interested in its sustainability as an all-electric Net Zero Carbon building.
What I think interested her most was our discussion about the BOOMERS HOUSING DILEMMA. We told her that Boomers – young seniors – are either leaving Toronto in droves or are planning to do so.
We know because we are getting calls from Toronto residents who are looking at a FlexPlex as an Aging-in-place home for them. They are going everywhere from Wasaga Beach to North Kingston.
We have learned these Boomers are worried about the affordability problem in Toronto. For many their home is their retirement fund. They think that financial security means cashing out here and relocating to inexpensive places where there’s no chance of running out of money.
This is a huge loss of key human resources as middle-class seniors are the biggest supporters of arts and culture organizations, restaurants, community groups etc. And the city is spending tax dollars to improve the city’s desirability as a place to live with supports and programs.
This is a serious problem that nobody is talking about.
One solution is CO-OPS. The FlexPlex could be a tiny rental co-op building with four seniors’ units with elevators and other accessibility features old Co-ops don’t have. It's designed so that everyone has privacy and lots of community interaction and support. Rents won’t go through the roof and leave you poor.
FlexPlex is just one Co-op model. There are many. But we wanted to engage about Co-op living with neighbors and the community as a way of keeping our seniors here with us. If you want to talk about this idea, call 416-839-7773.
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