North York Condos or North York Townhouses?

North York, that wonderfully cosmopolitan and culturally diverse metropolis area of Toronto and perfect for both townhouse and condominium living. Often when people are seeking their first piece of real estate they are not ready for a family home. A North York condo or townhouse is perfect – but which should it be?

Strangely some townhouses are in condominiums but the actual distinction is that a townhouse has multiple floors and a condo is on one floor. Typically townhouses are more expensive to buy or rent than a condominium of the same square footage.

A townhouse therefore typically has more space and more flexibility to meet your particular lifestyle. For example, if you have young children, bedrooms upstairs allow the adults to relax downstairs after their bed time. Similarly if you work at home the split between work and living is very useful.

If you are a young professional who wants minimum housework and a more party lifestyle then a condominium may be what you are seeking. Similarly if you budget is low then a small condominium may be more of what you are seeking.

So do you want a North York condominium or townhouse?

Well condo living is a lifestyle choice that gives you the option of interacting with your neighbours. You own your space within your four walls, but the common areas within the building are used by all condo owners or renters. These common areas include many recreational areas such as swimming pools, exercise rooms, leisure rooms and home cinemas. There is often a concierge service which provides you with added security and someone to take in your mail and parcels, send out your dry cleaning, take in your pizzas etc.

Condominium owners pay association fees each month in exchange for this recreation, care of the common areas and maintenance and update of the outer building such as the roof and windows. This takes a lot of responsibility off of the home owner and for many is very attractive.

Many condominiums in North York are placed within restaurant and café society areas. They are close to transport facilities and cultural attractions such as North York’s theatre district – the third largest in the world.

No wonder that many people choose condominium living. If you also want the flexibility and space of a townhouse – then in North York you can also live in a condominium.