Condominiums are a great place to live for someone who is trying to find any sort of affordable housing in a large city like Toronto. Condominiums have been gaining popularity because of the many conveniences that they can provide to people who live in them and Canada has seen a demographic shift in the amount of people who live in condos instead of houses or apartments.
In the last census it was found that 1 in every 8 households lives in a condominium now. The shift has started a condo project frenzy and people in Canada can now look towards mega projects that provide luxurious condos for sale, like the 357 King West condos project in Toronto.
Of the many reasons this is becoming a favored choice of housing is because of the easy living option you have once you own a condo. This is because you do not have to worry about utility bills and maintenance for the condo. This is all included in your monthly payment to the condominium and the money all goes in to creating new recreational areas for the condominium, paying any and all bills that come your way, and also maintaining your apartment in case any problems occur. This has attracted a lot of people who do not have time because of their busy work lives to come and live in condos and has also attracted senior citizens who want to move in to a house that will not require them to work on it quite as much. There is also the matter of the price being a lot lower for a condo than for a house even if they are the same size. Condos can cost about half or even one third of the price of a house that is the same size.