Things to Consider When Moving into a Condo

Moving into a condo comes with concerns despite the various advantages. Before you decide to move into a condo, there are a number of things to consider. Unlike detached homes, condos in Ottawa tend to be close together such that your neighbors are very close to you. This can be an advantage and a disadvantage depending on how you look at it. Despite the increase in condo sales in Ottawa, the following are things you should consider before moving into a condo.

Noise

This will entirely depend on the individual in question. Teens do not mind the loud music and noise but for the elderly, this is a major concern. Before you can move into a condo, consider your preference. Sometimes, the noise cannot be from your neighbors but the surrounding environment during repairs and construction. For example, the elderly like their peace and quiet and a neighborhood that serves this purpose is best suited for them. It is therefore advisable that you seek a condo community that can tolerate the same amount of noise or movement you can.

Independence

Remember, condominiums in Ottawa come with shared features.  It is all about compromise. Even those seeking for commercial condos for sale in Ottawa have to put this into consideration. The level of independence is therefore limited. In addition, you may not be able to decide what flowers should be planted in the backyard if the condo regulates it.

Privacy

The aspect of privacy is also a matter to be concerned over. With condos, there are times when inspections are carried out. You cannot restrict the inspector from gaining access to the condo unit. You have to be aware of this before you move into a condo. This can be a very sensitive matter to many but if you choose to live in a condo, you are likely to experience it the more you live in one. This applies to both Ottawa condos for sale and Ottawa condos for rent.

Security

Living in a condominium can be a heaven when it comes to security. There are cameras in shared features such as the hallways and the parking spaces to keep an eye for any intruders. This is a very helpful and appreciated feature. However, it can get out of hand when every guest has to sign in every time they gain access to the condo. You can imagine your parents having to sign in to see you from the main entrance. Depending on the sensitivity of the matter, it is best to consider this before packing into a condo.

Lifestyle

Different condominiums in Ottawa are designed to suit a specific lifestyle. Some condominiums are unique to suit families, others will suit the elderly while others adopt a more luxurious lifestyle. Before moving, determine what you are more comfortable with. It will even narrow down your search when looking to find a condo. Condos for rent in Ottawa is no different as rental units also offer different lifestyles.

With the above considerations put in order, you can now decide which condo you want to move into.

Contact Peter Sagos for more details at 613.276.0059 or peter@condo613.ca

Your Rights as a Condo Owner in Ottawa

As the owner of a condo in Ottawa, there are specific rules and regulations that govern the ownership of condos in general. These rules and regulations have been provided for by the condo Act. The following are the key rights that come with condo ownership:

A right to vote at owners meetings

There are a number of meetings that owners of condominiums in Ottawa are called to attend. The annual meeting is a must as it outlines the way forward in the running of the condo. In an effort to ensure that decisions are made to serve the majority, every owner who is present has a right to vote. The majority vote passes the motion and the terms are indicated and will apply to all condos even for those who voted against. Keep in mind that though the owners have the final say, the condos are run by managers and/or lawyers.

A right to elect board members

The owners of condos are managed by the condo management and not their specific owners. The owners need to assign this responsibility to the right people. This has led to the inclusion of a board of directors. This board is not just approved through accepting some paperwork like it is in job interviews. The condo owners come in and take a vote to elect the best suited candidates. This is their right which ensures they act as one body.

A right to review corporation records

Condo sales in Ottawa are taking different turns in the market and the Ottawa condo for sale tend to have price fluctuations. It is therefore important that they are in the know how of how the prices are indicated. They have a right to access any condo records including the financial statements or previous meeting minutes. The only condition is that you put your request in writing and within the required notice for the documents to be availed.

A right to request for an owner's meeting

Condo owners are many in Ottawa and sometimes, there is need to hold a meeting before the set date for the annual meeting or after in the event that there is reason. Rather than wait for the next annual meeting, you as a condo owner have the right to request for an owners meeting. While in the meeting, you can also make an addition to the day’s agenda.

 

A right to act lawfully

Sometimes, Ottawa condos for rent can be devastating when a resident is not making payment as agreed upon. Rather than take the laws into their own hands, condo owners have the right to get a court order that will aid in the process. You can also take a court order to tie the corporation on taking up certain duties as per the Condominium act.

A right to remove a director from office

By taking on a majority vote, condo owners in Ottawa can vote out a director from the board.

Looking at the above rights, they apply for all owners whether you have commercial condos for sale in Ottawa, Ottawa condos for sale and/or Ottawa condos for rent.  

Contact Peter Sagos for more details at 613.276.0059 or peter@condo613.ca

Ottawa Living and the Condo Market

Condos in Ottawa are gaining popularity in the market for quite a number of reasons. Over the years, the introduction of different types of condos has led to embracing of a different lifestyle. The condominiums in Ottawa have enabled a more convenient lifestyle for its residents.

               

Initially, the market was growing rapidly and condo sales in Ottawa were on the increase. Although the market has not reached its saturation point, it is evident that things are on a go slow. Both residential and commercial condos for sale in Ottawa are taking on this trend. However, the market still remains promising as more and more individuals adopt a condo lifestyle.

Condos in Ottawa have so much to offer and it is evident that they are designed to suit different needs and preferences. This means that when you are looking for a condo, you must understand the surrounding environments as well as the neighbors. There is something for everyone and all you need do is search with a clear set of goals and objectives you want to meet.

The aspect of convenience cannot be evaded. Many Ottawa condos for sale and Ottawa condos for rent come with built in convenience outlets to help individuals obtain the basics of life with ease. In addition, they also come with social amenities. This allows individuals to have everything they need within the vicinity. Most people are able to access to their places of work from their condos with ease. Location is a large contributor to  ensuring convenience. Condos are also located near schools, hospitals and recreational parks. This is in an effort to ensure that convenience measures up by all standards.

Another aspect that is pushing the sale of Ottawa condos in the market is the price. Bills can be a pain and it is a great relief if one can afford to pay less. Condos for rent in Ottawa is affordable and the rates are competitive to enable residents live comfortably in all aspects. Whether you are buying or renting, the rates are affordable. The market is therefore embracing its target markets needs and in an effort to ensure affordability, condos in Ottawa are built to ensure lots of space even with the little ground space. This has led to the introduction of micro condos into the market. Their rates are even lower and attracting a large population in Ottawa.

In an effort to ease life, some shared community areas are taken care of by the condo association. You need not worry about the lawn or shared features. You only have to be concerned with your condo unit. Shared features such as parking space and hallways are taken care of by the management though you have to be committed to the monthly condo charges.

Ottawa living and the condo market go hand in hand in meeting most of the advantages of living in a condo. This is the reason behind finding an ideal condo that will suit your lifestyle in Ottawa. In an attempt to identify the available listings, visit condo613.ca for detailed information. This will help you figure out which part of Ottawa is best suited for your lifestyle. 

Contact Peter Sagos for more details at 613.276.0059 or peter@condo613.ca