This time of year, as people are scraping ice off their cars or shovelling their driveways, the idea of "condo living" certainly seems appealing. Condominiums offer a great option for people who want the benefits of ownership, without the responsibility of yard maintenance or property management.
There are many things to consider when looking to purchase any property but with condos there is much more to consider. Things like location, size, building amenities and parking are all important however, it is also important to research the condominium by-laws and status certificates. You need to know what is and isn't permitted with respect to not only the common areas but also your unit. For example, you may not be permitted to hang curtains, or have a pet or have more then a certain number of people residing in your unit.
The Canada Mortgage and Housing Corporation has published a Condominium Buyer's Guide to help educate the public about Condos and how they work. You can access it by clicking here.
Of course, the best way to ensure that you are well educated is to work with a professional Realtor who understands the complexities of condo ownership. Call the team at Condos Barrie today and let us guide you through the process!