Condominium Living in Guelph
Choosing to live in one of Guelph’ s wide variety of condominium styles, means you can choose from a high rise condo, to a townhome condo or loft, and even a detached condominium. The reason for that is that condominium refers to the type of ownership, not the type of building.
Think of condos as units in a complex: you privately own your unit and share all the other space around it equally with the others in the complex. These common spaces need to be cared and maintained ( halls, elevators, lawns, gardens, etc.. ) and payment for that comes from your condominium fees. Sharing all these spaces with other owners falls under the responsibilities of the condominium corporation.
Guelph is currently experiencing a growth in condominium complex developments. Purchasing a newly constructed condo or to-be-built condo is a different process than a re-sale condo. Knowing the facts about the condominium corporation, and the state of the finances, is key to making a good choice.
Is condo living something you think about? If you see value in paying fees to have the common areas taken care of so that you don’t have to, then this lifestyle may be for you!
Serene Condos at the corner of Gordon and Edinburgh is a luxury complex being built in Guelph’s south end on pristine conservation property.
River House Condominiums in the core of the city, located at the corner of MacDonell and Wellington is an 18 storey complex. This luxury complex is all about downtown Guelph living.
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