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Retail Stores are Amenities

Toronto Condo News
Publication date:
September 25, 2019
Article Summary: 

The article discusses the benefits for businesses that locate within condo buildings, which offer an extension of amenities for condo owners without requiring them to maintain them. Amenities such as exercise facilities, coffee shops, supermarkets, daycare centers, and medical offices provide convenience and lifestyle advantages to residents who have easy access to them. Businesses located in residential buildings have a built-in customer base and are compatible with a residential area. However, businesses must protect residents from noise, smell, and congestion. Customers are willing to pay a premium for convenient access.


condo buildings, amenities, customer base, lifestyle enhancements, convenience, residential area, noise protection, premium, convenient access.

Source Citation: 
Toronto Condo News
Retail Stores are Amenities
September 25, 2019
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