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By DowntownInHamilton (registered) | Posted June 08, 2014 at 09:59:24 in reply to Comment 102170
I think you're wrong about that. There's lots of multi-bedroom units in or near the core that are available.
However, I think that most new condo undertakings are built smaller because larger sized ones will cost a lot more than people are willing to pay, at least at this time. Developers don't want to risk building 1,000 square foot units that cost $250,000 or more because there is no guaranteed return on investment. Smaller places (500 to 750 square feet) are a lot easier to sell and, also, the market is dictating it. If larger places with their inflated price tags were what the public wanted, they'd be there, right?
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