Residential Condo Properties For Sale
Thinking of buying a condominium? There are a lot of reasons why it might be the best and smartest move right now. Condominiums are in demand and have never been more popular. Buying a condo could be a great option whether you are starting a family or even investing.
What Is a Condo?
A condo is a short term for “condominium” which is a private residence with a larger community. It is surrounded by the same units and common areas which include the pool, fitness/gym center, spa and many more. Unlike an apartment or a residential house, owners pay monthly residential dues to keep these amenities functional and working.
What you need to know before buying residential condominiums
There are strict condo association rules and regulations. Too many rules which are unlikely your home anymore.
Homeowner’s association fees. Every amenity you enjoy and use has its succeeding fees. This is paid monthly and fees vary depending on the condo’s size, location and number of people living in that particular building.
You cannot have major renovations and extension of the unit. It is not allowed as it will affect the structure of the building and it will be unfair for your neighbors’ space.
You don’t own the lot. In a residential town, you are not just allowed to buy the house, you are also entitled to buy a lot, but for condominium, you are just buying the house itself. This is one of the main issues if you are doubtful of what to buy, a condo or your own house?
Despite the flaws and risks of buying a condo, there are still benefits in buying a condo. There are a lot of rules and regulations in a condo, but there are also a lot of enjoyable and happy things you’ll get in buying a condo.
Benefits of buying a residential condo
Security
It’s no secret that condos are known for being safe and protected. The condominium has their physical security guards as well as security cameras in the whole building. Since they have rules, they are also strict in letting people go in a condominium without following the right procedure.
Amenities
You get to enjoy amenities which can’t be found in most residential houses. These are the pool, gym, spa, court, hot tub and in rare chances, a golf course.
Urban Living
Highly accessible to restaurants, shopping malls, grocery stores, and workplaces. You also get to enjoy nightlife because of its location. You can really enjoy being a city person.
Potential Appreciation Value
As years go by, a value of a condominium usually rise, it’s all because of its location and size. In studies, the older the condo is, the more expensive it is.
Now, to sum it up, residential condominiums are really a place for family or even friends having a condo at an affordable price, abundant amenities and living the city life. You’re also not alone, you’ve got your neighbors to live in, and just like any house, you can invite someone. Weighing its disadvantages and advantages, a residential condominium is clearly a good choice when buying your property.
GTAREALSTAR from Royal Canadian Realty Brokerage is a real estate Brokerage company based in Ontario, Canada. The well-established company has many years of outstanding experience in the Real estate Industry. The company focuses on being the "straight talking property people" offering a completely jargon free service. GTAREALSTAR use the latest software Technology solutions to improve their service to their customers on a daily basis. GTAREALSTAR offers online access to website twenty-four hours a day, they even offer electronic signing. The company offers sales and rentals combined with first class service and support. Call Naveen Vadlamudi @ 416-837-9696.
Never too late to find your dream home. View available properties, visit website http://www.gtarealstar.com. Call Naveen Vadlamudi @ 416-837-9696 Now.
P.S if you share this blog post on your favorite social network. it will make my day.
#Turnkey #investment #townhouse #GTA #Peel #York #Dhuram #Toronto #Brampton #Markham #eatfamous #SteveIrwin #RobertKraft #MattDuchene #Oilers #Lakers #Kelly #KraftHeinzstock #ErinDavis #NickJensen #Offset #sadhguru #Legends #rcr #Royalcanadianrealty #gtarealstar #vnaveem #vadlamudi #like #share
What Is a Condo?
A condo is a short term for “condominium” which is a private residence with a larger community. It is surrounded by the same units and common areas which include the pool, fitness/gym center, spa and many more. Unlike an apartment or a residential house, owners pay monthly residential dues to keep these amenities functional and working.
What you need to know before buying residential condominiums
There are strict condo association rules and regulations. Too many rules which are unlikely your home anymore.
Homeowner’s association fees. Every amenity you enjoy and use has its succeeding fees. This is paid monthly and fees vary depending on the condo’s size, location and number of people living in that particular building.
You cannot have major renovations and extension of the unit. It is not allowed as it will affect the structure of the building and it will be unfair for your neighbors’ space.
You don’t own the lot. In a residential town, you are not just allowed to buy the house, you are also entitled to buy a lot, but for condominium, you are just buying the house itself. This is one of the main issues if you are doubtful of what to buy, a condo or your own house?
Despite the flaws and risks of buying a condo, there are still benefits in buying a condo. There are a lot of rules and regulations in a condo, but there are also a lot of enjoyable and happy things you’ll get in buying a condo.
Benefits of buying a residential condo
Security
It’s no secret that condos are known for being safe and protected. The condominium has their physical security guards as well as security cameras in the whole building. Since they have rules, they are also strict in letting people go in a condominium without following the right procedure.
Amenities
You get to enjoy amenities which can’t be found in most residential houses. These are the pool, gym, spa, court, hot tub and in rare chances, a golf course.
Urban Living
Highly accessible to restaurants, shopping malls, grocery stores, and workplaces. You also get to enjoy nightlife because of its location. You can really enjoy being a city person.
Potential Appreciation Value
As years go by, a value of a condominium usually rise, it’s all because of its location and size. In studies, the older the condo is, the more expensive it is.
Now, to sum it up, residential condominiums are really a place for family or even friends having a condo at an affordable price, abundant amenities and living the city life. You’re also not alone, you’ve got your neighbors to live in, and just like any house, you can invite someone. Weighing its disadvantages and advantages, a residential condominium is clearly a good choice when buying your property.
GTAREALSTAR from Royal Canadian Realty Brokerage is a real estate Brokerage company based in Ontario, Canada. The well-established company has many years of outstanding experience in the Real estate Industry. The company focuses on being the "straight talking property people" offering a completely jargon free service. GTAREALSTAR use the latest software Technology solutions to improve their service to their customers on a daily basis. GTAREALSTAR offers online access to website twenty-four hours a day, they even offer electronic signing. The company offers sales and rentals combined with first class service and support. Call Naveen Vadlamudi @ 416-837-9696.
Never too late to find your dream home. View available properties, visit website http://www.gtarealstar.com. Call Naveen Vadlamudi @ 416-837-9696 Now.
P.S if you share this blog post on your favorite social network. it will make my day.
#Turnkey #investment #townhouse #GTA #Peel #York #Dhuram #Toronto #Brampton #Markham #eatfamous #SteveIrwin #RobertKraft #MattDuchene #Oilers #Lakers #Kelly #KraftHeinzstock #ErinDavis #NickJensen #Offset #sadhguru #Legends #rcr #Royalcanadianrealty #gtarealstar #vnaveem #vadlamudi #like #share
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