Is a condo a good investment?

May 24, 2024 ... A condominium is a single unit of a larger housing structure — it can be in a high-rise building or part of a converted multifamily structure ... Nov 25, 2020 ... Unlike an apartment, a condo is a private residence owned by an individual homeowner. Condo buyers own their units and a share of common use ... Type “condo meaning in Canada” into your favourite search engine, and you'll find that the main difference between the two is that you can buy a condo, whereas ... Feb 12, 2022 ... Apartments are usually smaller and are typically located in the suburbs of any big city. Also, their amenities, if any, are more basic. Condominiums share non-exclusive common areas that are in the condo management's control. Unlike an apartment, different individuals own the dwelling units in a ... Aug 14, 2019 ... What is the difference between a single-family house vs multi-family vs condo vs townhouse ... in an apartment condo. May 16, 2022 ... Lofts are large, open, adaptable spaces that have been converted for residential use. Many lofts have exposed fixtures, huge natural light ... Aug 28, 2023 ... Comments Section ... An apartment is rented. You would sign a lease and pay a monthly rent to the landlord. A condo is purchased. You would pay ... Feb 15, 2017 ... A condo will be a privately owned unit being rented out by the owner either directly or through a company which provides rental management services. Aug 12, 2024 ... Condos offer ownership and customization opportunities, while apartments provide a convenient rental option with fewer responsibilities and upkeep.