Condominium Types
Condo construction continues to explode in Ontario’s major cities like Toronto, Ottawa and Hamilton, as rising downtown populations force more vertical development. While apartment building-style residences remain the most numerous condominium type, there are actually a variety of different formats recognized under Ontario’s 1998 Condominium Act. In this article, we’ll be walking prospective owners through the different condominium types available in the province to give you a better idea of each one’s characteristics, and the legal obligations involved in ownership.
