Types of Condos （转帖） -pitbull(硬頸) @卡尔加里华人论坛:卡尔加里枫下论坛 The Rolia Forum of Calgary

Types of Condos （转帖）

pitbull(硬頸)

本文发表在 rolia.net 枫下论坛Types of Condos

What is a Condominium?

Condominium owners hold title to their units and share responsibility for the operating costs of the balance of the property (common elements such as lobbies) that makes up the condominium.

The maintenance fee includes the building insurance. The condo owner is responsible for insurance on the contents and the interior of the condo.

Condominium Apartment

The maintenance fee usually includes common elements, water and exterior building insurance and often includes heat, hydro and parking as well.

When comparing maintenance fees for condos, be sure to check whether heat and hydro are included. Often the difference in maintenance fees is just due to the inclusion or exclusion of heat and hydro.

The maintenance fee is directly related to the size of the condo apartment. (i.e.maintenance fee for a 1500 sq. ft. condo will be 50% more than that of a 1000 sq. ft. condo)

Townhouses

Condominium Townhouses

The inside of the condo townhouses are owned by each person. However the ownership of the exterior portion (common elements)is shared amongst all the owners. The condo fees pays for this shared portion.

The shared ownership portion (common elements) include the outside of the building (including the roof), parking spaces, play areas for the kids, outside yard, outside of the building, exterior door, garage door.

"Freedominium" Townhouse

was the name given to condominium townhouses by one builder where the maintenance fee was reduced by having the owner look after the exterior of the building (including the roof) as well as the yard.

Typically (in Newmarket), the condominiums originally designated as freedominiums have a maintenance fee of approximately $60 while similar (true) condominiums have a fee of approximately $120.

They share common elements such as roads and playground. However, the building exterior is the responsibility of each owner - not the condominium corporation.

Freehold Townhouse

is not a condominium since there are no common elements. The townhouses share their walls the way semi-detached homes do, but they don't set any funds aside to repair things such as the roof. Also, the homeowner is responsible for the insurance of the building as well as the contents.更多精彩文章及讨论，请光临枫下论坛 rolia.net

(#349136@0)
Last Updated: 2002-1-27
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It depends... -pitbull(硬頸); 2002-1-26 {696} (#348041@0)

It all depends upon
(1) where you work? downtown, along subway or within reach of Go bus?
(2) how much budget you wanna spend on your condo apt.?
(3) how you prioritize the commute needs between you couple?

All factors having been considered, I'd like to take a look at these places:
(1) Along Yonge St. in North York which is the hottest spot for condo sales in GTA; the average price has gone up 7~8% compared to last year and reaches to 250K for a 2bd+1den+2bath suite;
(2) In nothern Scarboro, those probably Olivia JJ has visited. Price is lower at much 170K~180K for a similar suite;
(3) Lakeshore, much more expensive;
P.S. I'm not very familiar with settings in Mississauga.

最近我们也考虑买房。能否请教硬頸大虾，CONDO、镇屋以及独立HOUSE各自的优劣。谢谢！ -mimi808(老猫钓鱼); 2002-1-26 (#348117@0)

CONDO升值不快,不适合抄中国菜,但不需要自己扫雪,锄草....我不是专家,在这帮你啊扑一下而已. -sq1(sq1); 2002-1-26 (#348190@0)

谁说CONDO升值不快, 本猫半年前买的CONDO, 现在升值3万. 哼哼!! -mimi888(老猫打假); 2002-1-26 (#348204@0)

不会吧? 我看涨一万就不错了, 除非你买的是五,六十万的CONDO. -carelesswhisper(无心快语); 2002-1-26 (#348472@0)

跟你打赌来验证一下如何???? -mimi888(老猫抓鸭子); 2002-1-27 (#348843@0)

OK, 那请先提供一下你的CONDO的INFOMATION,看有没有可能先. -carelesswhisper(无心快语); 2002-1-27 (#348859@0)

基本情况: 去年(2001)6月这区的CONDO成交价18.4万左右, 现在吗, 可以让硬头DX查查MSL, 嘿嘿, 到底打不打赌? 不要缩回去嘛, 最多米西一顿, 不会让你破产的. -mimi888(老猫抓鸭子); 2002-1-27 (#349104@0)

恭喜老猫！应该请客才是！老猫邻近的同类镇屋、去年10月底、12月成交俩套、成交价均在21万以上。 -pitbull(硬頸); 2002-1-27 (#349162@0)

硬头! 有没有搞错! 这么早翻底牌, 你把打赌的人都吓跑了. 少一顿米西了!! -mimi888(老猫抓鸭子); 2002-1-27 (#349235@0)

B-( -pitbull(硬頸); 2002-1-28 (#350419@0)

可是最近好象听说移民政策紧了,以后移民少了,房价会跌,说是想买房,再等等,不知此消息是否可靠???我们想买在MISSISSAUGA,近中国城和QEW. -barbieli(芭比); 2002-1-27 (#348936@0)

到时，房价跌了、可能MORTGAGE RATE涨了。 -itmad4u(没劲); 2002-1-27 (#349011@0)
唉,左右为难. 谁有高见? -mengxiong(小熊); 2002-1-27 (#349117@0)

Types of Condos （转帖） -pitbull(硬頸); 2002-1-27 {2306} (#349136@0)
本文发表在 rolia.net 枫下论坛Types of Condos

What is a Condominium?

Condominium owners hold title to their units and share responsibility for the operating costs of the balance of the property (common elements such as lobbies) that makes up the condominium.

The maintenance fee includes the building insurance. The condo owner is responsible for insurance on the contents and the interior of the condo.

Condominium Apartment

The maintenance fee usually includes common elements, water and exterior building insurance and often includes heat, hydro and parking as well.

When comparing maintenance fees for condos, be sure to check whether heat and hydro are included. Often the difference in maintenance fees is just due to the inclusion or exclusion of heat and hydro.

The maintenance fee is directly related to the size of the condo apartment. (i.e.maintenance fee for a 1500 sq. ft. condo will be 50% more than that of a 1000 sq. ft. condo)

Townhouses

Condominium Townhouses

The inside of the condo townhouses are owned by each person. However the ownership of the exterior portion (common elements)is shared amongst all the owners. The condo fees pays for this shared portion.

The shared ownership portion (common elements) include the outside of the building (including the roof), parking spaces, play areas for the kids, outside yard, outside of the building, exterior door, garage door.

"Freedominium" Townhouse

was the name given to condominium townhouses by one builder where the maintenance fee was reduced by having the owner look after the exterior of the building (including the roof) as well as the yard.

Typically (in Newmarket), the condominiums originally designated as freedominiums have a maintenance fee of approximately $60 while similar (true) condominiums have a fee of approximately $120.

They share common elements such as roads and playground. However, the building exterior is the responsibility of each owner - not the condominium corporation.

Freehold Townhouse

is not a condominium since there are no common elements. The townhouses share their walls the way semi-detached homes do, but they don't set any funds aside to repair things such as the roof. Also, the homeowner is responsible for the insurance of the building as well as the contents.更多精彩文章及讨论，请光临枫下论坛 rolia.net

老猫钓鱼和老猫打假是同一个人吗？ -amber(琥珀); 2002-1-27 (#348898@0)

I think so. :) -beibei(beibei); 2002-1-27 (#348930@0)
NO，不是！ -itmad4u(没劲); 2002-1-27 (#348984@0)

Selecting a home type - The pros and cons of the various options as well as a comparison of resale homes vs. new homes purchased directly from the builder. （转帖） -pitbull(硬頸); 2002-1-27 (#349144@0)

Condo Apartment -pitbull(硬頸); 2002-1-27 {547} (#349149@0)
Pros:
+ Lowest purchase price, lowest taxes.
+ Virtually maintenance free — no snow shoveling or lawn mowing.
+ Convenient for singles, childless couples and empty nesters.

Cons:
+ Lower resale value, hardest to re-sell and can be difficult to finance with low down payment.
+ Can have large maintenance fees that can substantially increase carrying costs.
+ No private yard so you can't enjoy backyard activities such as barbecuing, gardening, etc.
+ Share common walls with neighbours — if they're noisy you're out of luck.
Condo/Freehold Townhouse -pitbull(硬頸); 2002-1-27 {357} (#349150@0)
Pros
+ Lower purchase price and taxes than semi or detached and less maintenance.
+ Better resale value than condo apartment.
+ May have a backyard.

Cons
+ Lower re-sale value than semi or detached and harder to re-sell
+ Don't own the land — the most valuable asset (unless freehold Townhouse).
+ Share common walls and close to neighbours
Semi-Detached -pitbull(硬頸); 2002-1-27 {438} (#349151@0)
Pros
+ Most privacy at least cost — great for first-time buyer.
+ You own the land — the appreciating asset — bricks and mortar depreciate.
+ Good resale value and easy re-sell.
+ Easy to finance at best rates.
+ Usually has larger yard than townhouse, more backyard activities possible.

Cons
+ Share a common wall with neighbours.
+ Higher price per square foot of living space than a townhouse in a similar location.
Detached -pitbull(硬頸); 2002-1-27 {385} (#349153@0)
Pros
+ Best resale value and you own the land, the main appreciating asset.
+ Most privacy, least noise from neighbours because there are no common walls.
+ Most desirable type of home with greatest perceived value.
+ Lower priced detached homes tend to sell quickly because of the combination of prestige and affordability.

Cons
+ Highest purchase price and property taxes.
Anyone interested? Hope this is helpful... -pitbull(硬頸); 2002-1-27 (#349157@0)

谢谢,受益匪浅! 还有什么东西贴上来给俺继续扫盲. -sq1(sq1); 2002-1-27 (#349161@0)
Thank you. 来加拿大以前，拥有一栋小房子一直是我的加拿大梦想之一。来了之后，才发现在多伦多，我梦想中的HOUSE不是我能负担得起的，所以现在死了买house的心了，Condo Apartment是我现在的首选。 -fionah(Fiona); 2002-1-27 (#349163@0)

Not a bad option at all... -pitbull(硬頸); 2002-1-27 (#349168@0)

Re-Sale Home vs. New from Builder -pitbull(硬頸); 2002-1-27 {223} (#349169@0)
As a first-time buyer, another major decision you may have to make is whether to purchase a re-sale home or a new home directly from a builder. Both options have their advantages and disadvantages. Here's how they compare.

Re-Sale Home -pitbull(硬頸); 2002-1-27 {518} (#349170@0)
Pros
+ Lower prices because of some wear and tear (which varies greatly — check closely!)
+ You get the benefit of upgrades (finished basement, pool, etc.) at a depreciated price.
+ Established neighbourhood, current neighbours, etc., are known entities although they can change.

Cons
+ Home has been used by others.
+ No warranty for repairs required by law, although it can be made a condition of purchase.
+ If existing décor is not to your liking, it can be expensive and time consuming to change.
New Home from Builder -pitbull(硬頸); 2002-1-27 {694} (#349172@0)
Pros
+ You are the first occupant and the house is yours to decorate as you wish.
+ Purchase price includes colours, design features, etc. that you select, usually with negotiable upgrades.
+ Protection from construction deficiencies is usually required by Provincial Law.

Cons
+ There is often an extended period of time without lawns or paved driveways, and with dust from unsodded areas and construction traffic.
+ There can be problems with permits or trade strikes that prevent timely completion and occupancy.
+ Defects in construction may not be addressed promptly.
+ Some closing costs apply to new homes that do not exist with resales.
The key players in your purchase

再贴一次“心意网”“房地产”知识的联接： -pitbull(硬頸); 2002-1-27 (#349174@0)

@Calgary

Types of Condos （转帖）

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