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Would You Pay $249K for a 300 Sq Ft Condo?

[Photo via Smart House]

Last week, we heard about the new Smart House Condominiums, the city's first micro-condo development, coming soon to Queen Street West. The 25-storey building features units from 300 square feet, starting at $249,000. The teeny bachelor/studios have the option to come fully furnished and units include compact features like a Murphy hideaway bed, retractable kitchen counters and hidden storage. The Smart House suites range in size from studios to three bedrooms (the largest is 778 square feet) with a focus on "efficient space planning." Amenities include a shared outdoor terrace, yoga and fitness room and guest suite (entertaining in a 300 square foot condo can be difficult). If you think these micro-condos are small, New Yorker Felice Cohen once lived in "America's tiniest apartment," a 90 square foot studio in the Upper West Side paying $700 per month. The apartment didn't include a kitchen.

So what's it like to spend 24 hours in a 300 square foot condo? The folks at Curbed New York spent the night in a micro apartment and live blogged about their experience. Check it out.

· 24 Hours in a 325 Square Foot Apartment [Curbed New York]
· New in Real Estate [BlogTO]