Central townhouses for sale

Both exist. The older rows, from the seventies and eighties, tend to be condominium corporations whose modest fees cover snow, grass and the roof, whereas recent infill rows lean freehold with a shared road agreement. Read the status certificate or the road agreement, whichever applies, and confirm what the monthly fee actually maintains.

Rows near the core attract investors, students' parents and first-time buyers, so demand is steady, but the pool is narrower than for a detached house on its own lot. Units with parking, a finished basement and a location on a quiet street resell most easily. Keep the roof, windows and mechanicals current; buyers of old rows expect deferred maintenance and price it in.

Usually one space, either a garage, a surface spot or a shared lot, and rarely two. Street parking downtown is permit-restricted overnight on many streets, so a second car needs planning. Ask if the spot is deeded, exclusive-use or handed out by the corporation, since that changes what you can sell or rent later.