Understanding Condo Insurance: Types & Coverage Explained

For those who have just bought a condo or are planning to rent one, condo insurance might be a challenging decision. Most of the costs in a condo will be for maintenance and protection of the common areas that the building has. However, what about the unit that you have rented or own? You will…

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How Much Is A Condo Down Payment In Toronto?

The Toronto housing market has seen a dramatic spike in the number of people buying condos. This is due to the attractive neighbourhoods of the city, which people are buying condos to both live and invest in. Plus, condos are easy to maintain compared to a house and offer some excellent lifestyle perks. However, before…

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Warrantable Vs. Non-Warrantable Condos – How to Finance Them

Purchasing a condo is not as easy as it sounds. There are a lot of factors that play a crucial role in deciding the value as well as policies of the condo that one is planning to purchase. One of the most important things to consider here is- whether the condo you are planning to…

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Co Op Vs Condo: What’s the Difference and Which One Is Right for You?

This isn’t a world where you can buy a house with white fences all around and vast plantation and still be in the heart of the city. There are new and different types of housing options that are coming up to help the residents enhance their standard of living. In this age, most of the…

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Condo Ownership Rights & Responsibilities in Ontario

Being a condo owner, you automatically become a part of a bigger community. When you associate with some community, you also have certain responsibilities, rules, and rights that come as a part of it. There are certain rules set for the common areas of the community, such as the parking spaces, hallways, lobbies, common rooftops,…

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Condo Vs Apartment: What’s The Difference?

When it comes to buying a home that isn’t a townhouse, you have a few options at your disposal. Typically, the two main options are condos or apartments. It might seem as if apartments and condos are basically the same, but this isn’t the case. Both condos and apartments do have some things in common….

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Condo Inspection Checklist: The 8 Things You Need to Check

In the vibrant city of Toronto, condominiums make for an ideal place to live. They offer excellent amenities not to mention the best locations right in the heart of town. There’s also minimal property maintenance involved and a great sense of community. Whether you plan on buying or renting a condo, there are some key…

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Condo Vs Townhouse: Which One Should You Pick?

Thinking about buying some real estate here in Toronto? Two of the most popular options are condos and townhouses. Deciding whether you’d best suit a condo or townhouse is a big decision to make. Of course, price, location and lifestyle also play a part in your decision too. According to Statistics Canada, during the last…

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Toronto Condo Boom: The Growth Continues & Here’s Why

As per the Canadian Mortgage and Housing Corp., condo buildings in Toronto are changing the trend at a very rapid pace. Despite many new rules that make housing and mortgage difficult for the residents of Toronto, there seems to be no drop in building condos in Toronto. Multiple reports suggest that this rapid increase is…

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