Single-family detached homes stand on their own lot and are designed to house one family.
	A duplex has two units, one above the other, and is detached from neighbouring homes.
Semi-detached designs offer two single family homes attached by a common wall.
	Townhouses join several single- family units by common walls.
A highrise condominium is simply a multistorey residential building.

What is a Condominium?

Condominium is a type of property ownership, not just a style of home. When buying into a condominium complex, your home will usually cost less and you often won't have to worry about snow shoveling or lawn mowing, or major exterior maintenance like fencing or the roof. Condominiums can also come with extras like a security service or recreational facility. Of course, you should be prepared to pay a monthly maintenance fee. This fee goes into a collective cash reserve that is used to cover property maintenance, repairs, replacements and insurance.

Before you purchase a condominium home, do your research. Find out the value of the cash reserve and upcoming projects which the reserve will fund. Ask about annual increases. And compare the maintenance fee to similar condominiums in the area.

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