Especially in urban settings, condominiums are among the most popular residential units today. In most cases, this is attributed to the many perks of condominium living compared to living in a house. But then again, making a decision between investing in a condo or purchasing a traditional home can be a daunting task. But it becomes easier if you can weigh yourself and determine which residential unit suits you more among the available options, especially if you’re fond of or work in the city. Well, with a larger bias on condominiums, the big question is this one… does living in a condo suit you?
Here are some pointers that could help you decipher this.
1. The Location Matters
Whenever making a real estate investment, location is one of the most important things to think about and think about carefully. If you’re looking for that perfect location, maybe near or in the heart of the city, condo living can be a great choice. If you intend to work or live in Toronto, for instance, Xo Condos at 1221 King St. West would be an amazing option to consider. The units are centrally located and can be a perfect choice for both investors and end users looking for affordable housing at a convenient location where you have less to worry about heavy traffic, noise, and overall density.
2. You Care About the Amenities
The other great thing about condo living is that they provide lots of amenities that you would hardly access in other living units. Things such as pools, gym, hot tubs, spas, and Jacuzzis can be really expensive to install in a conventional home. Additionally, in most cases, the condo’s property management is fully responsible for maintaining the various features and amenities.
3. Entertainment and Nightlife
Nothing calms the mind better than having a good time at the weekend or after a long day at work. And we can’t shy away from the fact that most entertainment joints and facilities are concentrated in the urban centers. If you’re a fan of nightlife, partying, dining, wining, gambling, and other forms of leisure and entertainment, living in a city condo is highly convenient for you. These joints, venues, and facilities are always countable blocks away. At times you won’t even need to spend on gas or taking a cab.
4. Security and Safety
Nothing is more important than feeling safe and secure in your place of residence. Condo living can be an amazing choice for you when it comes to safety and security. Most condominium properties have tight security systems in place, from CCTV systems to 24-hr security guards and pretty much more. This gives the residence a piece of mind and comfort.
5. Little to No Effort On Maintenance and Upkeep
Well, as much as lawns and gardens bring extreme beauty and other benefits in conventional homes, you have lesser worries on upkeep and maintenance when living in a condo. Your major responsibility is to take care of maintenance and sanitation inside your own unit while the landlord or property manager does the outdoors. After all, it’s mostly covered by your rent and monthly condo fees.
In sum, condo living is affordable, convenient, well-equipped and great when it comes to security. In addition to the above, condo living can be a great housing option for a social kind of person. You’ll have many neighbors to engage and interact with, making it less boring than living in a private mansion or bungalow in a secluded area. With these pointers in mind, higher chances are that indeed, a condo unit suits you.