A very small condominium unit; a condominium building with a small number of floors.
So, what's the answer? As far as urban homes go, it might be a radical downsizing of condos and apartments. "Pocket condos" — or very small condos, under 550 square feet — have been around forever in New York City and are now showing up in many other major cities.
—Marnie Bennett, "Predicting the housing needs of Gen Y can be tricky," Ottawa Citizen, November 5, 2011
"It's getting very difficult to find good building sites in the downtown area," says Trinity-Spadina councillor Adam Vaughan. "So what you're now starting to see is projects pop out of there and onto main streets in other areas."