CondoGuide Available from Province - Best Information Source for Condo Buyers

News 100 blueBy Staff

January 6, 2021

BURLINGTON, ON

 

Buying a house is something most people know a little bit about.

The Baxter was a very successful condo development; seen as a prime location and an attractive building to boot. The proposed structure for Brock and Elgin is anything but attractive if the drawings are any indication of what they want to build.

The Baxter was a very successful condo development; seen as a prime location and an attractive building. 

Not the same with a condominium. The rules are a little different for the condo world.

The province has released a CondoGuide that sets out just what the buying process is and what you need to know. The Guide was developed by the Condominium Authority of Ontario (CAO) in collaboration with the Ministry of Government and Consumer Services (MGCS) and approved by the Minister as a helpful resource for the buyers of residential pre-construction/new condo units.

Realtors are required to give you a copy of that guide and to allow a ten day cooling off period once the paper work is completed.
The Condo Guide equips prospective buyers of residential pre-construction/new or resale condo units with information on condo ownership and the condo purchase process.

It also contains various topics including moving into a residential pre-construction/new condo unit, condo living, and how condo owners can resolve issues.

Although the Condo Guide is primarily written for condo buyers, if you have recently purchased a unit, or even if you are a long-time condo owner, the Condo Guide may also be of interest to you as it covers many topics relevant to condo ownership.

You can access a copy of the CondoGuide HERE

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1 comment to CondoGuide Available from Province – Best Information Source for Condo Buyers

  • Mary

    Why is a rental building constructed by Molinaro being used in your Op-Ed to promote the provincial Condo Guide?

    Editor’s note; Another sharp eyed Gazette reader caught our error. We changed the picture – thank you

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