The occupant of a multiple-dwelling unit cannot expect to live in a si — Condominiums in Canada

"Condominium development has steadily increased in Ontario for several years. While condominiums typically represent an attractive lifestyle and home-ownership alternatives for buyers, they also, importantly, introduce a new approach to community planning for home builders and municipal approval authorities in Ontario. ...[There are] opportunities for developers to be both creative and profitable in building, and municipalities more flexible and imaginative in planning and approving, developments that will become sustainable communities."

"The Condominium Authority of Ontario has an overarching goal to enhance consumer protection for condominium owners, directors and residents. This is made possible through a comprehensive offering of information about condominium ownership including self-help tools, mandatory director training, and a new online dispute resolution service, the Condominium Authority Tribunal (CAT)."

"One in three (34.3%) occupied dwellings built between 2001 and 2011 were condominium units. For occupied dwellings built prior to 1981, less than one in ten (9.4%) dwellings were condominium units"

"The average amount expected by condominium owners if the dwelling were to be sold was $327,000, compared to $472,000 for other homeowners"

"Just over one–quarter of households in condominium dwellings were renters and not owners"

"There has been no rental stock really built for 40 years, it’s all condo. There is an absolute shortage of supply. We’d be [in trouble] without condos. There would be people on the street breaking windows because they had no place to live. It allows for semi-affordable units."