Condominiums in Canada

250px|thumb|Condominium in Yaletown, Vancouver Condominiums in Canada One in eight Canadian households lived in a residential condominium dwelling, mostly located in a few census metropolitan areas according to Statistics Canada. Condominiums exist throughout Canada, although condominiums are most frequently found in the larger cities. "Condominium" is a legal term used in most provinces of Canada. In British Columbia, it is referred to as "strata title" and in Quebec, the term "divided co-property" (French: copropriété divisée) is used, although the colloquial name remains "condominium". With regular condominiums, the unit owner usually owns the internal unit space and a percentage of the common property; in the case of a freehold condominium (or a bare/vacant land condominium) the owner owns the land and building and a percentage of any common property shared roadways and amenities. The Canadian Condominium Institute is a non-profit association of condominium owners and corporations with chapters in each province and territory. The Condo Owners Association (COA) Ontario is a non-profit association representing condominium owners with divisions across the province and districts within the various municipalities. Quotes The Condominium Authority of Ontario has an overarching goal to enhance consumer protection for condominium owners, directors and residents. This is made possible through a comprehensive offering of information about condominium ownership including self-help tools, mandatory director training, and a new online dispute resolution service, the Condominium Authority Tribunal (CAT). Executive Director of the Condominium Authority of Ontario Condominium development has steadily increased in Ontario for several years. While condominiums typically represent an attractive lifestyle and home-ownership alternatives for buyers, they also, importantly, introduce a new approach to community planning for home builders and municipal approval authorities in Ontario. ...[There are] opportunities for developers to be both creative and profitable in building, and municipalities more flexible and imaginative in planning and approving, developments that will become sustainable communities. Ontario condominium lawyer Michael Clifton One in three (34.3%) occupied dwellings built between 2001 and 2011 were condominium units. For occupied dwellings built prior to 1981, less than one in ten (9.4%) dwellings were condominium units Just over one–quarter of households in condominium dwellings were renters and not owners The average amount expected by condominium owners if the dwelling were to be sold was $327,000, compared to $472,000 for other homeowners The 2011 National Household Survey (NHS) Archived Content Condominium dwellings in Canada There has been no rental stock really built for 40 years, it’s all condo. There is an absolute shortage of supply. We’d be [in trouble] without condos. There would be people on the street breaking windows because they had no place to live. It allows for semi-affordable units. For Mike Harris’s forgotten legacy by Garry Marr (Nov 22, 2012) [Dyke] is entitled to live underneath a residential apartment unit and not underneath a professional dance studio. Ontario Superior Court Justice Edward Morgan according to Condo hell Macleans (2014) The occupant of a multiple-dwelling unit cannot expect to live in a silent environment comparable to that of a single-family residence without horizontal or vertical dividing walls Quebec Superior Court Justice Pierre Tessier according to Condo hell Macleans (2014) [The dispute reached a] depth where one would expect to find emotional children who have not yet learned the basic tenets of acting civilly toward each other, not senior citizens Provincial Court Judge Robert Hamilton according to Condo hell Macleans (2014) If we don’t get busy and start talking about what the issues are and what are some of the reasonable fixes, then everybody loses. We want to live the joys of condominium life, not the nightmare of it. Condo hell Macleans (2014) There's all of these very luxurious buildings going in all around us that are outrageously priced. The foreign buyers tax … I don't think that's making an iota of difference. Kris Wallace accoring to Why Canada's ban on foreign buyers hasn't made homes more affordable (Dec 26, 2023) CBC news See also Housing External links https://www.ontario.ca/laws/statute/s15028 CHOA: leadership, education&resources for strata owners across British Columbia CHOA of British Columbia on youtube Managing Expectations, Conflicts, Harassment & Bullying in a Strata Corporation (~1:04 hours) Changes to the Strata Property Act of BC Now in Effect Landlords and strata corporations in BC Category:Real estate