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If you are planning to live in a condo, you should become familiar with your maintenance fee. Maintenance fees or common area fees are mandatory monthly payments shared by unit owners to cover the operating costs and maintaining a reserve fund.

Universities have a transformative effect on cities. Condos provide housing for local and international students and provide steady rental income for property buyers.

With higher population density in major cities, condos allow people to live in the downtown cores. In Canada, Vancouver tops the list with over 30% of occupied dwellings being condominiums and Toronto close behind.

How high would you go for your dream view? The average height of condos across Canada has been steadily increasing over the years, with a rise of tall residential buildings being constructed in the 2000s.

Every buyer or renter is different. Whether you’re a student looking for an affordable option close to campus, looking to downsize in retirement, or moving for a new job, you have certain things that you want in terms of living accommodations.