The conversation has shifted as of late to one more focused on finances. The chatter amongst peers and colleagues tends to be driven by inflation, food prices, housing supply, interest rates and salary plateaus. While our minds tend to be focused on finances and the shocking price of groceries, let’s not forget about the eco challenges our globe faces on a daily. As our nation grapples with issues such as climate change, sustainable and eco-friendly building practices are gaining traction! Let’s talk about LEED Certified condo buildings in Toronto!
There’s a growing trend in Toronto towards eco-conscious living and LEED certified condo buildings are at the forefront. If you aren’t familiar with what a LEED certified condo is, it stands for Leadership in Energy and Environmental Design. As a Toronto real estate agent, I have seen the true benefits of a LEED certified building when it comes to maintenance fees. For example, a unit in 78 Tecumseth, 2 + 1 bedrooms and 2 bathrooms, just under 1000 sqft pays only $540 in monthly maintenance fees!
To learn more about what it is exactly along with the benefits of living in a LEED certified condo building in Toronto, see below.
What is LEED Certification?
LEED is an internationally recognized rating system developed by the U.S. Green Building Council. The process evaluates a variety of factors related to environmental performance and sustainability. These include indoor air quality, water conservation, materials, energy efficiency and site sustainability.
LEED Certification Levels
- Certified: 40-49 points
- Silver: 50-59 points
- Gold: 60-79 points
- Platinum: 80+ points
LEED Certification for Condo Buildings
In order to attain LEED certification for a condominium building in Toronto, developers are required to satisfy particular criteria and accumulate points across diverse categories. These categories encompass:
- Water Efficiency: Reduction of water consumption through landscaping and fixtures.
- Indoor Environmental Quality: Air quality indoors, natural light access and thermal control.
- Resources & Materials: Waste reduction, responsible sourcing, use of sustainable and recycled materials.
- Sustainable Sites: Minimizing light pollution and stormwater management
- Transportation & Location: Walkability, bike storage and access to public transit.
- Innovation in Design: Sustainable solutions and strategies in the design.
- Energy & Atmosphere: Using energy-efficient sources, renewable energy & optimal performance.
Benefits of Living in a LEED Certified Condo Building
- Lower maintenance and utility bills!
- Healthier living in general!
- Sustainability!
- Reduced environmental impact!
- Better resale value!
Impact on the Environment
LEED certified condo buildings play a significant role in reducing environmental impact. Including:
- Conserving water resources.
- Reduce gas emissions.
- Minimize waste during construction
- Promote recycling.
- Attempt to reduce the need for personal vehicles through alternative transit access.
What Does the Future Hold for Sustainable Living in Toronto?
Though cost tends to be at the forefront of conversation, the rise of LEED certified condo buildings in the Six is still a focus that we cannot lose sight of. As more developers push for permits to build, we hope to see more developers embrace green building practices. These LEED certified condo buildings offer a bright and sustainable future for urban living. If you are looking to move into a LEED certified condo, feel free to reach out to one of our Toronto real estate agents.
