About one million Canadian households own a condominium (often referred to as a “condo”), making it a popular housing choice for many Canadians. Not only are they a comparatively easy housing option, condos can also be an excellent long-term investment and a much more affordable alternative to single-family houses.
Buying a new home is a significant decision and a considerable investment. Just like with purchasing any property, there are a number of factors to consider and condos are no exception. In fact, buying a condo has some unique considerations. In order to help condo buyers make informed decisions, we created this Condo Buyer’s Guide with the background information you need to figure out if condo ownership is really for you.
The guide contains helpful information about buying a condo in Canada, including:
Anyone interested in purchasing a resale or pre-construction condo will find this guide helpful in making their purchase with greater confidence.