Get complete ownership when you decide to buy a townhome
A townhome is a house that is linked with adjacent homes by a shared common wall. The house owner becomes a part of the association of the homeowners, a managing entity of the place, upon purchasing Townhomes for sale Mississauga. You have to pay a monthly fee to the association for repair, maintenance of common areas. Unlike condominiums that are built to look like apartment complexes, townhomes are multi-level homes.
Maintenance
Basic maintenance and repairs of a townhome are your responsibility as an owner, however, owing to the unit designs, maintenance is reduced. Certain units possess shared common walls on either side or both sides, wherein you need to maintain the exposed outer walls. The homeowner’s association takes responsibility for maintaining all the exterior areas. The parking lots, common areas and shared driveways are maintained by the association. The yard is small when compared to a single-family house, thereby requiring very little yard work to be done by the owner.
Common sections
All townhome owners will get a percentage of ownership interest in common sections or share mutual features with other owners such as gyms, pools and other recreational facilities. Some Townhomes for sale in Mississauga possess basement areas that offer storage space to townhome owners to avert paying additional storage fees.
Ownership of land
Townhomes for sale Mississauga unit and its land are owned by the owner while a condominium owner owns the condo only and not the land. This particular differentiation means that a townhome owner has to put up with very few limitations inflicted by the association. For instance, the townhome owner can grill his favorite meat outside; however, a condo owner is often forbidden from doing it.
You need to opt for the best townhome builder like Dunpar Homes to get a townhome build for you with an elegant design and contemporary features.
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