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Eugene Palermo
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Eugene Palermo


What is a Condominium?


Residential condominiums can be:

  • High-rise or low-rise (under four stories)
  • Town or row houses
  • Duplex (one unit over another)
  • Triplex (stack of three units)
  • Single detached houses
  • Stacked townhouses, or
  • Freehold plots

There are even mixed-use condominiums that are partly residential and partly commercial buildings. They come in various sizes with diverse features and they can be found in almost every price range.

All content in these pages adapted from the Canadian Mortgage and Housing Corporation’s “Condominium Buyer’s Guide. To see the full guide visit


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