top of page
< Back

Purchasing a Condo

Save this article  > 

What is a Condominium?

Toronto Condo Team CA
Publication date:
March 14, 2022
Article Summary: 

The article describes condominiums, which are housing units owned by individuals within a larger property. The common areas of the property are owned jointly by other unit owners and managed by a condominium association, which charges a monthly fee for upkeep and maintenance of shared spaces. There are different types of condominiums available, including leasehold and freehold condos, detached condos, condo homes, condo shares, private condos, and condominium buildings. Living in a condo offers various benefits, such as more amenities, a secure environment, lower maintenance, affordability, and a strong condo community. The article lists some of the most common features and benefits of living in a condominium, including beautiful condo communities, year-round security, facility maintenance and upkeep, state-of-the-art facilities, and condominium associations.


Condominiums, housing, residential development, units, ownership, common areas, maintenance, condominium association, Toronto, types of condominiums, leasehold, freehold, detached condos, condo homes, condo shares, private condos, condominium buildings, amenities, security, maintenance, affordability, condo community, facilities.

Source Citation: 
Toronto Condo Team CA
What is a Condominium?
March 14, 2022
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page