comfortable condo room

Why Condos are the Ideal Living Place for Retirees

When we retire, we want to live in a peaceful neighborhood. And more than that, we should live in a place with minimum maintenance. Going to the roof to check the leakage by ourselves can be dangerous. Doing the lawn maintenance also gives heavy strains to our back. And not to mention, retirees often live by themselves, which can be an issue of security.

In this writing, we are going to discuss why living in a condo can be a good idea for retirees. Condos have been the popular residential place in urban areas, anyways. Not knowing why they have become so can be a loss.

The Luxury of Facilities

Condos offer many facilities at a reasonable price. If you own a unit, you can enjoy all the facilities without being bothered with the membership fee and such because you own them. All the facilities in a condo building belong to all the units owners.

The facilities depend on the condo rate. For the average ones, gym facility, swimming pool, and a park are the most common facilities to have. Higher than that rate, you might have a helipad service on the roof.

Imagine living in a house as a retiree. Even if the house is big and has its swimming pool and gym facility, we will have difficulties in maintaining all of them. Calling for maids is also not a good option because they cost money more than if we live in a condo.

The Ideal Location

ideal location of a condoNo condos are built in an area with difficult access. Most are located in urban areas and are facing the beautiful local scenery. However, you must know that condos are designed in such a way that the building dwellers will not be disturbed by noises, commotion, and pollution.

Their reason is that to keep the price of the condo units stable. If several units are facing lousy scenery and experience the most noise, they are going to be hard to sell, which is a condition the condo management would avoid. Therefore, location is the last thing you should worry.

Let’s take a look at The Well Condo in Toronto. The developer carefully picked the location so that the dwellers can enjoy the Entertainment and Business District close to the condo. You can read more about the location and amenities if you want. The condo makes an ideal place for retirees because we can choose whether to enjoy the entertainment or get involved in business again. Some people cannot accept retirement and still prefer to make money in whatever ways.

The Community Sense

community sense in a condoIf you live in a condo, like or not, everyone must attend the owner meeting as agreed. The condition makes everyone in a condo building knows each other. What will be most discussed is things related to facilities and amenities management. The owners will decide if replacement or upgrades are needed. And that alone already puts everyone to be in a social occasion.

Condo restricts owners from modifying and renovating their places without consultation with the management. It makes everyone lives in quite similar places, which may bring togetherness to the community. Envy will be least likely to appear in people, and the close proximity from one owner to another gives a high chance for a conversation to occur.

Canada Condo

Canada Condominiums in 2018: Why They are the Best

The Canadian property market has been ruled by condos for quite some time now. It is even getting real with condominiums in 2018 as more people are looking to buy or rent a modern house. That is why this post would not have come at a better time than this. For anyone looking to invest in a condo to live in, the best time is now.

The condo bubble in Canada has stayed for quite some time now and it could be bursting any time from now. To make your decision easy, here are some of the reasons why Canadian condos are the best property to invest in right now.

They are in the best locations

CondosAs opposed to single houses that tend to be in seclusion and far away from town centers, condos are primly located. They are near town centers where public transport is in plenty. They are also near places of work so you can always walk to work anytime you feel like it.

These are places you would not even dream of if it were not for condos. This is one of the reasons why many people are shifting their focus from single houses to the more popular condos.

Social amenities are in plenty

Living in a single house comes with its own challenges. If you need a pool, you have to create and maintain yours. This would prove quite expensive since you are paying everything off your pocket. For condos, you do not have to worry about maintaining any of the social amenities you need.

Swimming pools, community hospitals, playing grounds, public gardens and much more are at your doorstep and you do not have to pay a dime to maintain them. Since you are close to shopping centers, you have a freer access to the best social amenities any time you want.

Condos are appreciating really fast

If you buy a condo now, you only need to keep it a few years and it appreciates by a big margin. There is a force of demand pushing the value of condos each day. This is one good investment you can make now before the market is saturated.

Even if you do not live in them, you can rent out and collect money as your property appreciates. Selling it at a later date will return your investment and leave you with adequate funds to buy a home.

Better security and safety

Safety and security are some of the top things you look for when looking for a place to live. Owing to their popularity, condos are strictly guarded. If you live in one of them you can bear witness that there is tight security and your safety is never at a question. That is something lacking in other alternatives such as single houses.

For condos in Canada, it is the best time to buy or live in one. Countless benefits come with this move. It is time you see condos for what they are; a hot property option and make your move before it is too late.