Essential Tips For Buying a Condo in Montreal!

Discover the essential aspects of purchasing a condo in Montreal. Learn the insider tips and insights that will empower both buyers and sellers in the dynamic world of Montreal condos. From understanding condo fees and amenities to navigating management structures and legislative impacts, this episode covers everything you need to know before diving into a condo investment. Learn about the importance of due diligence, the significance of bills 16 and 141, and practical advice for evaluating condo listings.

Whether you're a first-time buyer or a seasoned investor, this podcast equips you with the knowledge to make informed decisions and ensure a successful condo purchasing journey. Tune in now to elevate your understanding of condo real estate!

CHAPTERS:
00:00 Introduction
01:14 What are condos fees for?
03:42 How to interpret a condo listing sheet
05:23 What type of condo best suits my lifestyle
06:49 Types of condo management models
08:21 Self-managed condo budget issues
11:12 The passing of Bill 16 and what it means
13:51 Key clauses to include in condo offers
15:20 The issues with low condo fees
16:31 Red flags to look out for
17:50 Request the appropriate documents
19:19 The certificate of location document
21:05 What is a special assessment?
30:24 Condo building maintenance
31:44 Private vs. common portions of a building
34:59 Condo By-Laws - what to verify
37:38 Buyer protection for special assessments
39:33 Sellers transaction insurance - Protection Royale
42:14 Wrap up and key take-aways

We guide homeowners and investors in Montreal to make better real estate decisions 🏡

Contact us at [email protected]
www.broadywindsor.com
(514) 516-1579 Scott Broady
(514) 606-2969‬ Mark Rossi

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Podcast link: https://link.chtbl.com/pJNd4LS

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