When prospective homeowners are deciding on which type of real estate property they should purchase they are drawn to the many options they have to choose from. Luxury homes, duplexes, townhouses, semi-detached homes, and condos are just a few options soon-to-be new homeowners have to decide between when trying to decide what type of home they want to live in for the foreseeable future.
It usually comes down to a house versus condo debate for most home buyers, as those two types of properties tend to have the most enticing features out of most of the real estate listings on the market. A house is for an owner that loves having control over everything such as paying the bills or making repairs and renovations whenever they want, as well living in a private structure with no other tenants to share anything with.
The condo lifestyle is more for individuals that don't want to have to worry about taking care of the day-to-day responsibilities that come with owning a home and would rather have that all taken care for them. Agents from Central Toronto real estate tell us that living in a condo also means having access to a number of amazing amenities such as indoor gyms, swimming pools, rooftop terraces or gaming rooms. It's nice knowing that coming home to your condo after a long day means being able to lounge about on the rooftop or cook some burgers on the BBQ patio.
In a lot of condo buildings the only drawback to certain amenities like the ones we mentioned above is that they are shared amenities. That means you might not always have access to the rooftop terrace in your building at all hours of the day and have to share it with the other owners in your building. That's doesn't seem to be too much of a problem for most condo owners though, as there is always a system in place that allows for special bookings if you know you need a certain amenity at a specific date and time.
The one about shared amenities like a gym or swimming pool is that they can become fully occupied, which leaves you out in the cold if you encounter a scenario in which all the exercise machines are being booked. Shared amenities are great and all when it comes to condo living, but if you're constantly out of the loop and don't get to use the shared amenities all that much it can get to be too much at times and might even lead to wanting to move into a house where such an occurrence never has to become a constant worry.
Here you will find 12 Tips When Buying A Condominium. Good luck!