



When Graywood Developments launched sales of the 458 units in its JAC Condos on Jarvis Street across from Allen Gardens in 2021, much of the tower was reserved for three- and four-bedroom suites and townhomes “designed specifically with families in mind,” says vice-president of sales Kaleigh Kelly.
But an unexpected trend has emerged among the purchasing pool. In addition to family buyers, “we’re seeing a lot of interest among friends and young professionals who are looking to get into the real-estate market by buying larger units together,” Kelly says. “This kind of co-ownership wasn’t really on our radar when the suites were designed, but it’s turning out to be a great way for first-time home buyers to get their foot in the door and start to build equity.”