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News Abstract
By: PointLine Media Research & Editorial Team
Topic:Business
July 10, 2026
Real estate broker Michelle Kam is advising buyers to shift their focus from aesthetic features to long-term lifestyle utility. As Toronto’s housing market pivots toward high-density living, she argues that buyers often prioritize minor cosmetic details over the practicalities of daily life.
Kam emphasizes that condos are no longer just temporary dwellings but permanent homes for careers and families. She suggests that buyers should analyze how a property will function for them five years down the road rather than getting caught up in the immediate excitement of a purchase.
Beyond unit layouts, Kam warns against overlooking a building's financial health. She recommends that prospective owners scrutinize reserve funds and maintenance history to avoid unexpected financial burdens once they have moved in.
Toronto’s residential landscape has shifted significantly, with condos now representing more than 70% of new construction. This transition mirrors a broader Canadian trend where over 80% of the population resides in urban centers, necessitating a more rigorous approach to city living.
As population density grows, the competition for well-designed space has intensified. Experts suggest that the old model of treating urban real estate as a short-term asset is increasingly outdated, requiring a shift toward evaluating neighborhood infrastructure and transit access as primary indicators of property value.