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Feeling the home affordability crunch? Condos can make you a homeowner for less.
Condominiums were first introduced to Alberta in 1967 with the development of Brentwood Village, a townhouse complex in Edmonton, Alberta. Condominiums in Alberta are regulated by the Condominium Property Act (Chapter 22, RSA 2000) which is supplemented by the Condominium Property Regulation (AR 168/2000). It was most recently reported that ...
Edmonton The second condominium development in Canada (registered in Dec 1967) [1] Casa Condominio Residenza: Toronto Century Park: Edmonton: CityPlace: Toronto Concord Pacific Place: Vancouver: Concord Park Place: Toronto Electra Building: Vancouver Empress Walk: Toronto Fairbanks-Morse Warehouse: Saskatoon: Habitat 67: Montreal Hallmark Place ...
Condominium is an invented Latin word formed by adding the prefix con-'together' to the word dominium 'dominion, ownership'. Its meaning is, therefore, 'joint dominion' or 'co-ownership'. [3] Condominia (the Latin plural of condominium) originally referred to territories over which two or more sovereign powers shared joint sovereignty. This ...
For example, an owner would like to have a pool but cannot afford one. When buying a condominium with a pool in a CID of one hundred units, an owner would have use of that pool for basically one-hundredth of the cost due to sharing the cost with the other 99 owners. [5] Timeshare, or vacation ownership, is the same concept. Buying a second home ...
In real estate, a condominium conversion or condo conversion is the process of entitling an income property or other lands currently held under one title to convert from sole ownership of the entire property (which often already is a multi unit property) into individually sold units as condominiums. Such entitlement is generally derived from ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Hodgson is a newer residential neighbourhood located in south west Edmonton, Alberta, Canada, with all residential development occurring after 2001.. The neighbourhood is bounded on the south by 23 Avenue, on the east by Whitemud Creek Ravine, on the west by Rabbit Hill Road, and on the north by a utility corridor located just north of 29 Avenue.
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