Turning Empty Offices into Co-Living Spaces for Young Professionals
Update: 2025-09-24
Description
Vacant office towers could be the key to solving Canada’s housing affordability crisis. Bruce speaks with Robert Barnard, CEO of Toboggan Flats, about their innovative plan to convert underused downtown office buildings into co-living spaces for young professionals.
You’ll hear about:
- Target rents of $1,100–$1,300 all-in, aimed at roughly 30% of the average salary for 25–34-year-olds.
- How shared living can help young workers save for future home ownership.
- Landlord and investor incentives, including reduced building density, steady nighttime occupancy, and the environmental benefits of reusing existing buildings.
- The focus on curated events, roommate matching, and staff support to make co-living more than just a room — it’s about fostering a real sense of community downtown.
If you’ve wondered how Canada can create affordable housing without years-long construction timelines, this conversation is full of practical insights on office-to-residential conversions, co-living trends, and the future of urban housing.
Find out more at tobogganflats.com and connect on LinkedIn.
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