Condos Continue to Evolve

The article discusses the evolution of condominiums in Ontario, Canada since the registration of the first condominium in 1967. Today, there are over 9,000 condo corporations in Ontario, with nearly 30% located in Toronto. Condominiums have evolved dramatically over the years, with standard residential condos now offering a range of amenities such as party rooms, exercise facilities, and even a bowling alley or basketball court. Industrial and office condominiums are also available for commercial and professional use. Hotel condominiums are designed to offer a mix of home ownership and hotel-like amenities, while mixed-use condos incorporate other facilities such as retail stores, schools, and churches.