There is a group of people who enjoy the lifestyle living in condo while others want to have a big house for the growing family needs. Condos do come with certain benefits and facilities to enjoy with like community pools, gyms, recreational areas and tennis courts as well. Condos lie in between apartments and houses and specific group of people really enjoys facilities that come along with them. REAL ESTATE BY DESIGN TEAM has updated listings of Homes for sales in Toronto and if you are in a search of beautiful luxury condos in Toronto then contact us today.
Make a Clear Choice
Before you make up your mind to finally go for condo you should clearly define your needs and wants prior to closing the deal. Unlike the freestanding residential houses, when you own a condo you might be sharing the wall with your neighbor as most adjoining condos are designed in a specific way.
What the Condo is Coming with – THE Facilities
Yes, it’s understandable that most of the condos do come with certain facilities but to be on the safer side it’s always a good idea to go through the facilities you might be getting along with it.
- Adequate Parking
Parking is one of the big concerns these days. Most of the condo does come with the parking space adjacent to the building, most of the times in the basement. Make sure that there is enough space for all the residents and in case you invite some friends will there be enough space to park the cars without a hassle.
- Additional Monthly Costs
Depending on the community where you have bought the condo you might have to pay an additional fee for the facilities which might be available for the residents. The fee might be monthly quarterly or bi-annual.
- Storage Space
Unlike the houses, you won’t be able to have extra space like basements, attics, and storerooms to store the extra stuff. Condos with the addition or proper storage do hold a little higher price. So be ready to look for entry closets, bedroom closets, additional kitchen cabinets and bathroom storage if the condo is not providing you with one.
Make Sure that You are Getting the Right Price
When you come across a place that you are really interested in, make sure to do a detailed and comprehensive market analysis regarding the other same units which have been sold recently; to ensure that you are getting the right price.
Condos are and will be the number one choice for many buyers as the lifestyle it provides suits to their day to day activities. In recent years the demand for condos have been increasingly in demand and the condo developers as well are becoming more and more innovative to meet all the growing market needs. If you are looking for a luxury condo in Toronto then contact our team at REAL ESTATE BY DESIGN TEAM.