Assess the unit and the building
The size and layout of the unit do not tell the whole story. Look at the upkeep of common areas, the fees and known work.
Ask for the available co-ownership documents and take the time to understand the rules that apply to the building.
Measure commutes from the address
Check the trips to transit and the services that matter to you. Distance and options can change from one street to the next.
Visiting at different times helps you gauge noise, traffic and the atmosphere around the building.
Prepare your full budget
Add condo fees, taxes, insurance and moving expenses to your mortgage payments.
Confirm the figures with your lender and the property documents before making a decision.