Ivor Mendes | Broker of Record

(416) 520-5621         

Freeholds vs Condominiums

Tuesday Oct 11th, 2016


Housing ownership can basically be divided into Freeholds, Condominiums and Cooperatives. Let's start with Freeholds. What does this mean? A freehold property is one where the purchaser owns absolutely everything on the property - the land within the boundaries, and the house that sits on it. The owner is responsible for maintaining everything in and around the property which includes maintaining the lawns and shoveling snow off the driveway and sidewalk within property lines. One is... [read more]