Province launches condo survey

Posted: August 24, 2010 in Buyers, General Information, Sellers, Statistics
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Ontario wants to know what you think condominium ownership and have launched a new online survey to help residents reslate their experiences.

The survey, posted at www.ontario.ca/condos, asks condo owners about their experiences with buying and living in condos, as well as with condo corporations, boards of directors, repairs and maintenance, reserve funds and dispute resolution.

“Learning about the experiences of Ontario’s condo owners will help us better understand the marketplace. It also helps us get consumers the information they need so they can make informed condo-buying choices,” said Sophia Aggelonitis, Minister of Consumer Services.

Information provided with the survey will help condo owners learn more about their rights and responsibilities under the Condominium Act and the survey results will also help inform government.

Sales of condominiums in the Greater Toronto Area hit a record in the first quarter of 2010 according to independent research. Developers sold 5,415 new condos in the first three months of this year, up 491 per cent (nearly six times more) from the same time in 2009.

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