Water damage in condos can be confusing; responsibility varies between owners and associations. Understanding coverage helps prevent costly surprises and ensures proper condo insurance protection.
Filters
Choosing the right property can be overwhelming, especially for first-time buyers. Zoocasa breaks down the key differences between condos, freeholds, and co-ops to help you make an informed decision.
Condo buyers in Canada must often get insurance for mortgage approval; understanding condo dwelling coverage helps ensure smart, informed policy decisions.
Buying a condo in Ontario offers perks like amenities and rental income—but be prepared for ongoing condo fees, which cover maintenance and shared property costs.
Toronto’s housing market makes detached homes hard to buy, pushing many buyers toward condo apartments—an affordable, low-maintenance option in the heart of the GTA.
Many Canadians now rent condos or apartments while saving for a home—but knowing the key differences between them is crucial before making a choice.