This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies. More information

Victoria Boscariol, Toronto Real Estate agent


Purchasing A Condominium In Toronto? 

A Buyer's Real Estate Guide To Condo Units & Suites

Downtown Toronto Skyline Condos For Sale Victoria Boscariol Chestnut Park Real Estate

Toronto is known as the condo capital of North America but it's more than just location, location, location when it comes to buying a condo in Toronto. Certain rules and regulations set out in the condominium's documentation may surprise you. Here's a checklist of questions you need to ask before you buy.

  • What are the rules about the number of people who can live in the unit?

  • Can I rent out my unit?  Most Toronto condo buildings allow owners to rent out their units but many specify that it has to be for a minimum of at least one year.

  • What percentage of units in the building are rented out?

  • Can I have pets?  Many Toronto condo buildings allow household pets but with restrictions as to the number of pets and the size and weight of pets.

  • Can I operate a business from my unit?

  • What are the rules concerning decorating my condo, inside and out? (e.g. can I paint my front door, can I hang a wreath or decorate my door etc.)

  • What types of renovations are permitted?  Are tradespeople restricted to certain hours when renovating?  Do I need board approval to renovate my unit?

  • Are there any restrictions with regards to colour or type of window coverings as they can be seen from the exterior?

  • Can I use a barbecue on my balcony or terrace?

  • Is there guest parking?

  • What are the rules concerning use of common elements such as pools, exercise rooms and party rooms?  Many Toronto condo buildings specify that owners must be present if their guests are using their building's facilities.

  • What portions of my unit are covered by the condo corporation's insurance? What is excluded?

  • Is the corporation in good financial condition?

  • Are there any legal claims or judgements against the corporation?

  • What is the age mix of people who live in the condo? Is it mostly seniors, young adults, or families with children?

  • Are utilities included in the monthly maintenance fees? If not, how much will I have to spend on them?

  • How is the condominium heated/cooled/ventilated?

  • Is the building energy and water efficient?

  • What are the rules regarding cable/satellite television and internet access?  Can I have a satellite dish?

  • Does the management fit my lifestyle (property manager vs. self-managed)?

  • Is the building clean and well maintained?  Is there a superintendent that lives on site or is the maintenance of the building out-sourced?

  • What is the security in the condominium? Is there an intercom system, closed circuit TV, security guards, electric gates etc.?

  • Where is the parking spot located in relation to the unit? Can I easily drive in and out of the parking spot?

  • Are there rules regarding what noise levels will be tolerated and at what hours?

  • Are there any noise implications from roadways, neighbouring units, garbage chutes, elevators?  Is my unit near the garbage truck pick up area for the building?

Finally, if you are buying a condo in Toronto, make sure the condo is close to neighbourhood amenities and if you are in a developing area, check to see if any new construction will be impeding your view.

Questions about buying a condo in Toronto? Contact Victoria

Victoria Boscariol is a real estate agent in Toronto Canada with Chestnut Park Real Estate Limited Brokerage. With over 20 years experience, Victoria has been helping people successfully buy and sell condos and houses in Yorkville and downtown Toronto. As a Certified International Property Specialist (CIPS) she has worked with Buyers from around the world moving to Toronto from China, Russia, Brazil, India, South Africa, United Arab Emirates, Jordan, Cyprus, Italy, Germany, The United Kingdom, Australia and the United States.

Buying a NEW CONSTRUCTION condo in Toronto? What you need to know before you visit the sales office

Buying A Toronto Condo? Find out how much Land Transfer Tax you will have to pay

New Or Resale?  Buying & Investment Opportunities In Toronto's Condo Market

3 Bedroom Condos In Toronto Why Are There So Few Of Them

The Truth About Downsizing To A Toronto Condo

Investing in New & Pre-construction Condos in Downtown Toronto? How to get the Maximum Return On Investment

Find out more about buying a condo in Toronto and TAXES that may apply

Renting Vs Buying A Toronto Condo. Which is the better option?

See MLS LISTINGS for Yorkville & Downtown Toronto condos

See the most comprehensive GUIDE to Yorkville Toronto Condos

Request A Free Condo Buying Consultation

Moving On? Divorce & Buying Or Selling Your Toronto Condo

What is a condo assignment? Find out the advantages of buying a condo assignment

adminlistingsprivacy policycontactsite map
Chestnut Park Real Estate Limited Brokerage, independently owned & operated
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.

The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
This website is operated by a brokerage or sales person who is a member of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
Canadian Real Estate Association Last Updated: 12/15/2019 10:06:06 PM

Copyright © 2002-2019. All rights reserved.
Real Estate Website Design by Lone Wolf Technologies.
Lone Wolf Technologies