Features of pre-construction townhomes in Toronto
The pre-construction townhomes in Toronto are more affordable than other types of single-family homes, and their fees are not as high as the condominiums. A townhouse also called a row house or a townhome is generally a type of single-family home that touches the building next to it directly. The space inside the house, including the driveway and the yard, belongs to the owner of the house. There are legal documents that spell out the ownership of the areas between the walls of two buildings.
Do not confuse townhouses with condominiums, or what is known as condos in short. In condos, the owners have no interest in the upkeep of the common areas, like the swimming pools, the clubhouses, or the playing fields, because the responsibility lies completely upon the condo association whose fees are paid by the members. Townhome owners have the responsibility of maintaining both the exterior and interior of the home. However, the upkeep of these houses is easier because there is a small yard space to maintain.
Though some of the condominiums these days look a lot like townhomes, they are remarkably different from each other. The townhomes need much fewer property taxes compared to the condos and the other standalone houses. This is mainly because of the small size of the townhouses compared to the other types of standalone houses.
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