What are the most important questions to ask yourself during this decision-making process? What is the difference between a fee simple condo and a leasehold condo?

Feb 12, 2017 ... The biggest difference between a duplex and a townhouse or apartment or condo is ownership. In a duplex, the entire building is owned by a single person and ... However, townhouses and condos are also available to rent. Now that you know what some of your options are, learn more about the differences and compare the ... Jan 6, 2025 ... Townhouses are more common in urban areas where space is tight and typically are built in rows. They're an attractive option for people who want ... Aug 7, 2022 ... Unlike condos, townhouses typically include ownership of the land the property sits on. This means you'll have more control over your property, ... What is a Condo? The major distinction between an apartment and a condominium is ownership. A condo is a privately owned unit in a complex with other comparable ... More specifically, a condo is a form of ownership where people own their unit within a larger building or community, while apartments are rented living spaces ... Aug 17, 2023 ... The most important difference between an apartment and a condominium is ownership. Indeed, an apartment is a residence that is rented, sometimes ... 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 ... Nov 7, 2022 ... The main difference between a condo and an apartment is who owns the property. With a condo, the person who owns the unit usually lives in it. Oct 29, 2018 ... But unlike an apartment, a condo is owned by its resident, not rented from a landlord. A townhouse is an attached home also owned by its ...