
When moving to an urban area in Canada, buying a condo for sale can have many advantages over a single-family home. Many people living in condos are closer to the action than those in a house in the suburbs, which can also reduce commute times for work. Several other perks to condo ownership make it a desirable way to own a home. Keep reading to explore five reasons to buy a condo over a single-family property.
Condos Are Affordable
Generally, condos in urban areas sell for about 50 to 60 percent of the price of a single-family home. Someone who buys a detached house is purchasing the home's land, while condo buyers only buy the space in their unit. Therefore, a condo buyer generally requires a smaller down payment as an initial investment and a
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