When considering purchasing a condo, one key decision is whether to opt for a higher-floor unit. While the allure of breathtaking views and reduced street noise is undeniable, higher floors often command a premium. They can often be priced significantly higher and can increase your dependency on elevators. However, there are pros and cons to higher floor units. We’ll talk about the benefits it offers considering it suits your lifestyle, such as enhanced privacy and potentially quieter living conditions against the higher cost and other possible drawbacks to help you determine if a top-floor condo is a worthwhile investment.

Here are a few reasons why you should consider buying a condo on a higher floor:

Spectacular Views

Living on a higher floor gives you a panoramic canvas of the city or landscape below. These expansive, often uninterrupted views not only enhance the aesthetic value of your home but also provide a daily escape from the visual monotony of ground-level living. Imagine enjoying sunrises and sunsets without leaving your living room, offering not just a home, but a viewfinder to the world outside!

Enhanced Privacy

Higher floors naturally shield you from the gaze of passersby and neighbouring buildings, providing a secluded space. This elevated privacy is invaluable, especially in densely populated urban environments where space and solitude are at a premium. Living above the fray means less worry about curtains and more freedom to enjoy your space as you truly wish.

Higher Resale Value

Condos on higher floors typically command higher resale prices, thanks to their coveted features like superior views and quieter living environments. These units are often in higher demand, particularly in cities where the escape from street-level clamour is greatly appreciated. The combination of exclusivity, demand, and aesthetic appeal not only ensures a quicker sale but potentially offers a better return on your investment when it’s time to move on.

Reduced Noise Pollution

The hustle and bustle of street-level noise—from traffic to pedestrians—can be a constant intrusion. Residing on a higher floor offers a buffer from this daily noise pollution, creating a tranquil haven. This quietude is not only beneficial for your peace of mind but also enhances the quality of your home life, making it easier to relax, work, or sleep without the backdrop of urban babble.

Shorter Interim Occupancy

Higher floor condos often benefit from shorter interim occupancy periods. This means that the time between moving into your unit and the final closing date when your mortgage starts is typically shorter for higher floors. For example, while a lower floor unit might have a full year of interim occupancy fees before final closing, a higher floor unit might only have half that time. This can lead to significant cost savings, as you’ll be paying interim occupancy fees for a shorter duration before your mortgage payments begin.

With that said, if you get the opportunity to invest in a condo on a higher floor – this is your sign to do it! Explore our upcoming communities here.