Three-bedroom madness

[danbrotherston]

This tracks with my experience in Waterloo somewhat too:


Our condo (3br townhouses) doesn't allow unrelated people to live in a unit and at the previous price point that we had advertised we were only getting interest from shares. We lowered the price to below what I thought market value should be for 3br and then we got non-shares...

I didn't realize that condos could enforce such a rule.

There are virtually no limits on the rules a condo corporation can enforce...

Or at least, no additional rules beyond those that you already must follow when buying/selling a freehold property.

The main restrictions/requirements on a condo corporation have to do with properly funding maintenance and properly auditing finances.