Decided To Buy a Condominium ?

So You’ve Decided to Buy
a Condominium . . .
         Condominium living is a popular option
for many Canadians as it can be a relatively
carefree housing option. Currently, in some
parts of the country, one out of three new
homes built is a condominium.

         Interest in condominiums tends to grow

with a  shortage of rental accommodation,

relatively   low mortgage interest rates, and urban

core  renewal. Most major newspapers now

include a condominium section which recognizes

the increasing number of people who already live
in—or aspire to live in—a condominium.

background  information you need to get started

on the path to condominium ownership. It will
identify important questions to ask—and
the people you should be asking—before you
make this important purchase. At the end
of the Guide, we’ve provided you with a
condominium selection checklist to help you
narrow down the choice between the different
types of condominiums you might see.

the  purchase of condominiums. It is not intended
to provide legal or technical advice. It is
recommended that you retain appropriate
legal and technical professionals to guide you
with any condominium purchase you may
consider.

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