Did you know a Townhome is actually a Condominium ! It’s true !
Yes, a condo is a condominium and so is a townhouse.
This is not some form of double-speak or a special way of communicating Realtor-ese. You see in British Columbia, the word condominium is a legal term for the form of ownership. Condominium ownership is defined as owning a specified part of a piece of real estate (your unit) which is individually owned while use of access to common facilities in the piece such as hallways, elevators, exterior areas, pools/spas, gyms is jointly owned and controlled in some pre-defined arrangement with other owners.
So a condo is condominium and a townhouse/townhome is the same type of ownership and all the same regulations within the Strata Act apply.
Now, most people will think of a condo has a single level apartment you own — that’s the perception of most. A townhouse or townhome can be a single level, but is typically multi-level in Vancouver where I work as CEO of Neat Freak Cleaning.
In the local market, a townhouse generally has a garage (typically attached and with direct access). So while you may not want to live in a condo, yet find a townhouse appealing, both are the same type of ownership.
Does this clear things up for you?
Either way, I hope you will find this tidbit of information useful.
If Neat Freaks Cleaning can be of service to you in the cleaning or maintenance of your home, feel free to give me a call at 604 537 7878.
Have a great Long Weekend.