Micro-Unit Housing

Micro-unit housing provides compact, affordable urban living spaces, maximizing efficiency and density.

Micro-Unit Housing

September 30, 2025


What is Micro-Unit Housing?

Micro-unit housing refers to very small apartments, typically under 400 square feet, designed to maximize efficiency and affordability. They often feature compact layouts, multi-functional furniture, and access to shared amenities.

Why Micro-Unit Housing Matters in Real Estate

Micro-units matter in real estate because they provide affordable urban housing options for singles, students, and young professionals. They support higher density and flexible living in expensive markets.

Example of Micro-Unit Housing in Action

A developer launches a downtown micro-unit project with 300-square-foot apartments and shared rooftop amenities, targeting young renters priced out of larger units.

Key Takeaways

  • Very small apartments designed for affordability.
  • Maximize efficiency with compact layouts.
  • Common in dense urban centres with high costs.
  • Target singles, students, and professionals.
  • Often paired with shared building amenities.

Related Terms

Additional Terms

Public Realm Improvements

Public realm improvements are enhancements to public spaces such as sidewalks, parks, plazas, and streetscapes, often funded or contributed by. more

Mortgagee in Possession

A mortgagee in possession is a lender who takes control of a property after borrower default, but before foreclosure or power of sale. The lender. more

Lease Surrender Agreement

A lease surrender agreement is a negotiated contract between a landlord and tenant that ends a lease before its scheduled expiration. Terms may. more

Green Infrastructure

Green infrastructure refers to natural or engineered systems that manage stormwater, reduce heat, and improve sustainability in developments.. more

Escrow Holdback

An escrow holdback is a portion of funds withheld at closing and held in escrow until specific conditions are met, such as completion of repairs,. more

Underused Housing Tax

The Underused Housing Tax (UHT) is a federal annual 1% tax on the value of vacant or underused residential property owned by non-resident,. more

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