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How much coverage for condo insurance?
How much coverage is there for condo insurance? In Quebec, with the passage of Bill 141, condo insurance now has a stricter management framework. This is reflected mainly in the assessment of the value of the building every five years,...
Are condos a good investment?
Thinking of buying a rental property? You've landed on the right page. Starting a real estate investing journey is a big decision, especially for people considering buying their first investment property. Of all the possibilities, condominiums stand out as a...
What are condo fees? Everything you need to know
Whether you're already a condo owner or contemplating becoming one, understanding condo fees is fundamental to navigating. These financial commitments are pivotal to your property's ongoing maintenance and sustenance. To master efficient condo financial management,...
What You Need To Know About Condo Insurance
Owning a condo comes with its unique responsibilities and considerations. One crucial aspect is securing condo insurance to protect your investment and personal belongings. Condo insurance is an important component of responsible condo unit ownership. It's your shield...
All you Have to Know About Condo Renovation
Condo renovation in Canada involves a complex legal landscape and considering various crucial factors. From federal and provincial guidelines to condo association rules, and from permits to the materials you use, it's essential to stay informed. This article covers...
When Do Condos Turn On Heat Exactly?
Winter in Canada can be quite harsh, with temperatures falling below the freezing point. The average winter temperature in different territories ranges between -21℃ to -32℃. Therefore, having a reliable heating system in your condo building is essential for...
What is the difference between a condo and an apartment in Canada
«Home is where the heart is» they say. Therefore, choosing between an apartment and a condo is an important decision to make sure that you feel comfortable in your special space. It’s important to know that it is primarily a matter of the lifestyle that you wish to...
Divided or Undivided Co-Ownership: What Are the Differences?
In Quebec, there are two forms of co-owned properties: divided and undivided. The former, also called a condo, is the most common and best known. As for the latter, it can be chosen by undivided co-owners, but also received, following an inheritance, for example. So,...
5 Tips Before Buying a House in a Horizontal Condominium
If you want to buy real estate in Quebec, you may have seen ads or toured houses in horizontal condominiums. This form of divided co-ownership is similar to a vertical condominium, which governs the lots of a building. Would you like to know more about this subject...
What to Do in Case of Property Defects in a Condominium?
Despite a reasonable inspection report during the real estate transaction, it is not uncommon for condo buyers to discover a non-apparent problem in their condominium shortly after their acquisition that the seller neglected to mention. This is known as a hidden...