| Question |
Importance
(1-10) |
Yes |
No |
Score |
| Location |
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| Is the condominium in the
neighbourhood I want? |
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| Is there a school
nearby? |
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| Is it accessible by public
transit? |
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| Is the commute time to
work acceptable? |
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| Is it close to amenities
(e.g. shops, theatres, restaurants, etc.)? |
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| Amenities |
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| Does the condominium have
recreational facilities? |
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| Does it have an exercise
room? |
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| Does it have a pool? |
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| Does it have a party
room? |
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| Does it have a convenience
store? |
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| Does it have a children's
area? |
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Does it have parking
available? Indoor or outdoor?
Guest parking? |
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| Does it have suitable
storage available? |
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| Condominium Rules and
Regulations |
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| Are the condominium rules
and restrictions clearly defined and understandable? |
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| Are the condominium rules
and regulations reasonable (can I live under these rules)? |
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| Are there rules about the
numbers of occupants permitted? |
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| Can I rent out my
unit? |
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| Does the Board of
Directors (or developer) seem helpful in explaining the rules? |
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| Can I operate my business
from the condominium? |
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| Can I bring my pet? |
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Does the management fit my
lifestyle
(property manager vs. self-managed)? |
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| Affordability |
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| Is the purchase price of
the condominium within my budget? |
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| Can I afford the monthly
condominium fees along with my mortgage
payments, taxes, insurance and other expenses? |
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| Does the price seem
reasonable for what I am getting? |
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| Are there upgrades
available that I need or want and how much would they
cost? |
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| Are finishes included in
the purchase price? |
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| Is cable/satellite and/or
Internet access included in the monthly condominium
fees, and if not, how much would they cost? |
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| How is the condominium
heated/cooled/ventilated? |
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| Is the building energy and
water efficient? |
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Are utilities included in
the monthly condominium fees?
If not, how much
can I expect to spend each month?
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| The Building |
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| Is the condominium (e.g.
high-rise, low-rise, |
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| townhouse, freehold, loft)
the type that I want? |
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| Will the construction be
finished on time |
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| and if not, can I wait? |
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| Is the building
attractive? |
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| Is the condominium in good
physical condition? |
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| Does it seem well built
(or well maintained)? |
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| Will the condominium be
durable? |
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| Are the grounds attractive
and well maintained? |
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| Is the unit attractive? |
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| Is it the right size? |
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| Does it have the features
(e.g. fireplace, number of bedrooms, balcony) I
want? |
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| Does it have enough
storage space? |
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| Does it have enough light? |
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| Does it have fire
protection systems |
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| (e.g. smoke detectors,
sprinklers)? |
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| Does everyone in the
family like it? |
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| The Condominium
Corporation |
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| Is the condominium
corporation |
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| in good financial
condition? |
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| Is all documentation for
the condominium accessible and in good
order? |
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| Are there any legal claims
or judgements against the condominium
corporation? |
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| Community and Lifestyle |
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| Does the condominium
community seem to match my lifestyle
(e.g. older adults vs. families with small
children)? |
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| Is the condominium
strictly residential, or is it mixed-use? |
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| What is the proportion of
owner-occupied to rented units? |
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| Is it accessible for
people with special needs? |
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| Do the current occupants
seem friendly and happy? |
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Are there any noise
implications?
Roadways, neighbours, garbage chutes
and elevators? |
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| Total points |
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