Condos and Apartments for Sale in Canada

Toronto and Mississauga have the largest condo stock, and Vancouver and Surrey follow. Calgary, Edmonton and Ottawa offer lower prices, and Hamilton draws buyers priced out of Toronto. Compare with houses if you want more space.

1. Ask for the status certificate (Ontario) or strata documents (BC) and read the reserve fund study.
2. Review monthly fees, what they cover and recent increases.
3. Look for special assessments planned or recent.
4. Check rental restrictions if you plan to let the unit.
5. For new builds, understand the occupancy period and interim closing costs.
6. Verify parking and locker ownership.

First-time buyers, investors and downsizers, subject to residency rules. See Canada financing for mortgage context.

Canadian listings quote square footage, and the figure may be measured differently for condos (interior, from the demising walls) and for houses (above-grade living area, excluding basements). Basement suites are common in Ontario and BC and can offset a mortgage if legally permitted, but only with the correct permits. Maintenance fees for a new tower can look low in year one and rise sharply later, because developers sometimes underfund reserves. Look at the age of the building: concrete towers from the 1970s may face major repairs, while new buildings have warranties through provincial programmes such as Tarion in Ontario. Understand what the warranty covers before you waive any conditions.