Universal city phase 3 . Instructions for buying an apartment in Toronto. In Canada, it is customary to call it Condo, or condominium.Please Visit: Universal city phase 3 to Get Your VVIP Registration Today!
Each flat owner has his own unit, but shares common lots and facilities with other flat owners, such as lobbies, gardens, etc.
The owner pays a monthly management fee to the building management office as the cost of maintenance and maintenance of ordinary public facilities. Including building insurance, safety system, maintenance of public entertainment equipment, building maintenance, maintenance costs, reserve fund, snow shoveling services in public areas, outdoor maintenance, grass-cutting services, etc.
Condo is a form of ownership in which you own part of the land where the apartment is located, but it is co-owned with other users and belongs to you permanently, and you also have to pay local rent to the government.
Land-related property tax (property tax), is levied on land, and the amount of tax is related to the use of land. The land is owned by individuals and is registered in government files. The government provides (Property) services for personally owned land, and homeowners who own properties in Ontario are required to pay. The tax is about 1% of the value assessed by the government, and it varies slightly from city to city.
In China, land belongs to the government, and individuals lease it for 70 years. And the cost of use has been included. The land transfer fees for commercial real estate, industrial land and residential land are different.).
Canada’s condo mostly has a wealth of clubhouse facilities, such as lobby concierge service (24 hours), 24-hour security system, swimming pool, gym, sauna, party room, entertainment room, reception room, outdoor terrace, BBQ, etc., as well as central air-conditioning system, underground parking lot, guests entering and leaving the building need security registration, all these need to be managed by special personnel.
Similar to the domestic serviced apartment decoration style, composite floor, hardcover bathroom, and contains several major appliances: electric stove, smoking machine, refrigerator, oven, dishwasher, washing machine, dryer.
The area of apartments in China is the floor area, and the clubhouses, elevators, stairs, corridors and other public parts of the building should be apportioned to each unit.
Built-in area = built-in area + wall area + balcony area.
Sales area = floor area in the suite + shared area.
The occupancy rate of multi-storey housing is about 85.90%, that of small high-rise buildings is about 800.85%, that of high-rise buildings is generally 75.80%, and that of office buildings is 550.60%.
The area of apartments in Canada is a net indoor area, half-wall to half-wall, and the balcony area is not included in the sales area.
Housing acquisition rate: about 97%