If you are looking to enjoy the benefits of home ownership without the maintenance or purchase price associated with a single-family house, a condominium could be right for you.
Condominiums are popular with singles, young couples/families, downsizing empty nesters, retirees, and senior citizens because of the lifestyle they offer. The limited maintenance involved is ideal for both busy young professionals who lack the time to undertake gardening chores and older individuals who feel physically incapable of performing tasks such as mowing the lawn.
If price is your main motivation, condominiums will allow you to get into the market for significantly less than a single-family dwelling. Whether you’re in search of a bachelor or a spacious 2-bedroom, the variety of price points and sizes available makes it relatively easy to find something fitting your needs. Also, those who wish to live in urban centers will find the prices of condominiums more affordable than similarly located houses.
Further enticements to condo living are the amenities provided by many buildings and the inherent security of having many neighbours. The fees for public swimming pools and exercise rooms could be costly, and the convenience of having such facilities at your doorstep cannot be underestimated. In addition to the comfort of knowing someone is nearby should you need help, condominiums usually have multiple levels of security before your front door.
Your Real Estate Professional,