11/13/2013 09:20 EST | Updated 01/23/2014 06:56 EST

New mini-condos have foldaway walls in Surrey, B.C.

Vancouver real estate company Bosa Properties hopes to make spacious suites affordable in Surrey, B.C., with foldaway walls, Murphy beds and extendable tables.

The new suites range in size from 500 to 750 square feet, and are meant to allow for entertaining up to eight people for dinner.

The tower, located in the Central City neighbourhood, is expected to be ready in three years.