She moved to a four-unit residential structure termed a fourplex five years ago from her previous residence on the 68th floor of a condo tower in downtown Toronto. The building is located in the more modestly rising midtown section of the city.
Fourplexes are single, detached buildings divided into four independent apartments. They can be newly constructed or the renovation of an existing single family.
Ms. Jiang, an investment banker, adds, “I loved how the neighborhood was more residential, how I didn’t need an elevator at all, and how the large balcony I had caught so much light.”
The Canadian government is among many that support the idea of fourplexes and hopes to see them expand throughout the nation.
The “missing-middle” between big apartment complexes and single-family homes is what they hope they will offer.
Coincidentally, fourplexes have been in the news in Canada this year due to Prime Minister Justin Trudeau’s announcement that the federal government would be providing $CAN 6 billion ($4.4 billion; £3.4 billion) in additional funding to provinces to assist in addressing the country’s housing issue, which is the dearth of reasonably priced real estate.
Fourplex permits are a prerequisite for towns to be eligible to receive their allotment of federal housing funds, according to Federal Housing Minister Sean Fraser.
Some provinces, like British Columbia (BC), have welcomed this. The British Columbian government has enacted laws mandating that fourplexes—and even five and sixplexes—be allowed in any city with a population more than five thousand.
