Edmonton’s Best Duplexes
Whether it’s your first home or you’re looking to move up into something a little roomier, duplexes are an excellent choice for Edmontonians of all ages and lifestyles. Similar to a single-family home, these models are sometimes confused with townhomes (which refers to multiple residences side by side).
A duplex, on the other hand, is one unit with two adjoining residences.
Have you been thinking about a duplex as your next new home? Unsure if this style is right for you? We can help! The following information will help you understand the benefits of duplex living.
Plus, we’ve highlighted a few beautiful models now available in great communities throughout the Edmonton area.
The Benefits of Duplex Living
Many first-time buyers initially think only a single-family, detached house is what they want. But if you consider all the advantages of owning a duplex, you’ll quickly see why so many home buyers are choosing these versatile new homes instead.
An Affordable Mortgage
One of the most recognized benefits of owning a duplex is affordability. Providing all the benefits of a detached home with a lower price tag, these models make great financial sense for first-time buyers, families, and retirees alike. Purchasing a duplex means you can look forward to a smaller down payment, as well as a manageable monthly mortgage and reduced utility bills.
Over time, this can result in substantial savings that may even let you pay off your mortgage ahead of schedule while helping you gain some serious home equity to put towards your next home purchase.
Space for Family
Whether you’re looking for a little more room for the kids or wanting to make space for extended family, a duplex is a great choice. With the option for finished basements, extra master bedrooms, and more, your relatives will enjoy complete independence while still being connected to the rest of the family – all under one roof.
If your family is a little larger and you’re able to purchase both sides of a duplex, you can easily live next door to relatives. You can also rent out one side for additional income. By becoming a landlord, you may be eligible
for some substantial tax savings – including the cost of maintenance and upkeep. If you’ve been considering investing in an income property, these units are a great place to start.
Normally, duplexes offer a spacious, private backyard (including a deck or patio). Surrounded by fencing on either side, you can enjoy your privacy while the kids can safely go outside and play – all in a space that’s comparable to that of a single-family home.
Living in a duplex means you’ll share only one wall with a neighbour. Whether it’s a member of your extended family or someone who is paying you rent, a duplex affords plenty of privacy to all residents. This means you don’t hear your neighbours, enjoy your own garage and entry and, as mentioned, your own private yard!
Great Models Available
Once you’ve decided a duplex might be the home you’ve been looking for, how do you narrow it down to exactly the right model? That’s what we are here for! You can find all Sterling duplex models and more in great new communities in the Edmonton area. Get in touch with us today for more details – we’d love to tell you more about just how great duplex living can be!
Originally published Mar 8, 2020, updated Mar 3, 2021