If you want to discover what community living is all about, you should give condo living a try. You may already know that condominiums provide many benefits from convenient on-site amenities to maintenance-free living, but what most people don’t talk about is how they also offer a wonderful sense of community for their tenants. By living under the same roof together, residents often create their own neighbourhood hub that fosters engagement, friendship, and a sense of togetherness. To show you what we mean, here are three reasons why condo buildings turn into tight-knit communities for their residents.
Because residents share all the onsite amenities, there are more chances for interaction. The pool, tennis courts, lounge areas, games rooms, and common areas are all shared. This creates a tight-knit community as residents come together more often and build natural bonds with one another from day to day. As a building resident, you’ll find yourself chatting with neighbours at the gym, in the parking lot, or on the rooftop patio. You get to actually know your neighbours and become more familiar with them than you would living in a stand-alone house. It is important to note, however, that all condominiums have rules and bylaws that unit owners and tenants must adhere to. It is important for you to be aware of these in order to avoid contravention and to understand what restrictions are in place prior to purchasing. It is important to have your lawyer review the condominium’s status certificate which outlines essential details on the points above.
Condos also tend to have fun activities that are arranged for residents. These may range from daily exercise classes, aqua fit lessons, movie nights, gardening workshops, sports events or even happy hours where you can mix and mingle. Weekly meetups, as well as monthly or annual events, allow residents to bond and converse. This can be particularly beneficial for singles, young families, or retirees who wish to make new friends and stay active.
A sense of community also extends out to the surrounding area as most condos are close to parks, shopping, and entertainment. Some are even designed with retail shops, office space, restaurants, and services within the lower level of the building.
Contact us at Accord Law to help you ensure your condominium investment is a sound decision. We’ll work together to review the status certificate and advise you of any issue.