Thinking About Buying a Condo?
Condominium living is a popular choice for many Canadians as it can be a relatively carefree housing option. About one million Canadian households own a condominium (often referred to as a “condo”). Most major newspapers now include a condominium section, which recognizes the increasing number of people who already live in — or want to live in — a condominium.
This Guide will give you the basic background information you need to figure out if condominium ownership is really for you. It will identify key questions to ask — and the people you should be asking — before you make this important purchase.
In This Guide you will Find:
General information about buying a home is available in CMHC’s Homebuying Step by Step: A Consumer’s Guide and Worksheets.
If you are buying a condo in order to rent it out, also consult CMHC’s Your Guide to Renting a Home.