Some are:

• It is more economical, generally, than comparable, non-condominium housing
• It offers a good comparison value when compared to rental accommodation

• It enables people of moderate and middle incomes to own their own homes
• It enables the elderly and infirm to live privately without maintenance chores
• It makes private ownership possible in areas where land values would ordinarily make this prohibitive, especially in large urban areas and cities.
• It eliminates some of the problems of upkeep and maintenance often associated with home ownership, since maintenance is usually the responsibility of a professional agency or manager
• It enables the owner to participate in decision-making which affects the property

Condominiums are carefully regulated by legislation in most Provinces of Canada and State laws in the U.S.A.  Always use a local Real Estate Professional when buying or selling. Ontario is governed by a New Condominium Act. Call Mike for a brochure on "Buying a Condominium" in Ontario. Go to www.coreguelph.ca to register for all new Condo listings in Guelph as they are published.

Mike Halley-2010

What exactly is a condominium?

What advantages does condominium ownership offer?

The Status Certificate

Condominium Costs