Ralph Henze
RE/MAX Elite
#116, 150 Chippewa Rd.
Sherwood Park, AB
780-918-7885
www.RalphHenzeHomes

General Condo
Information

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For Sherwood Park Condos For Sale

If you're interested in finding Sherwood Park condos for sale on the MLS right now or need specific details on any of the buildings, call me at:
780-918-7885
or check out the MLS search:

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Types of Condo Properties

*from "How Realtors® Help - What You Need to Know About
Buying or Selling Your Home" by the Canadian Real Estate Board

Condominium or 'strata'

A form of ownership, not style of property, where the owners agree to maintain certain common interests such as structure, lots, roads and/or utilities. Purchasers buy an apartment, townhouse or a lot and share ownership of the common property with other property owners in the same condominium development. The property owners share in the costs of maintenance and repairs of the common property, payment of which is achieved through monthly contributions, usually referred to as the "condo fee". There may also be special levies to pay for major repairs.

Townhouse

Refers to a home that is typically attached to one or more other homes, often by an adjoining wall. Townhouses may be purchased as free-hold buys (where the owner independently owns the dwelling unit and the land) or as part of a condominium project.

Duplex

A term, often used interchangeably with 'townhouse' where the home is attached by an adjoining wall to another home. A duplex may be attached side by side, up and down or front to back. Another common style is a fourplex, which is similar to the duplex in configuration, containing four units instead of two.

Here's a checklist of some of the things to look for when buying a condo.

Condo Buying Checklist

If you're interested in finding Sherwood Park condos for sale on the MLS right now or need specific details on any of the buildings, call me at:
780-918-7885
or check out the MLS search.

MLS Search
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Information contained herein deemed reliable, but NOT guaranteed. Background images displayed are for
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Sherwood Park Acreages For Sale l Strathcona County Acreages For Sale
Ralph Henze, RE/MAX® Elite, #116, 150 Chippewa Rd., Sherwood Park, AB

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