The Main Differences between Edmonton Condos and Apartments
Most people search for both apartments and condos for rent in Edmonton, but there are only a few people who actually know the difference between the two. This content piece will help potential renters understand the true difference between the two, and decide which one will be the best for them.
1. Monthly Rent
When it comes to money coming out of the bank every month, the rent of apartments and condominiums is almost similar. But a few differences that separate them from each other are that when people rent a condo, they generally have to pay some amount to the homeowner's association. In some cases, they may also have to pay for things like using the freight elevator, laundry or other services, while these facilities are available in apartments without any additional fee.
2. Management
Usually apartments are managed by professional companies like Mainstreet Equity Corp. which offer peace of mind to tenants by handling prospective issues in a timely and practical manner. On the other hand, condos may be managed by the person who owns it. If the owner lives out of Edmonton or is generally unavailable, it may get difficult to reach out to them when maintenance issues arise. Sometimes, condos may be professionally handled. However, in such cases, the tenants can take advantage of all of the benefits of a condominium rental while enjoying the peace of mind of having a management company as your landlord.
3. Amenities
Speaking of the amenities, this is another area where there lies a list of differences between apartments and condos. In general, an apartment offers more amenities than condos. Some apartments may have a local swimming pool, outdoor sitting areas, gym, laundry facility, a dog park and more, while these facilities may not be available in condos.
4. Appearance
While this is not a definite rule for every building, most people usually find condos better in appearance than apartments. The owners pay more attention to detail, the finishing touches are better and the appliances are generally more up to date in condos than in apartments.
5. Rules
Because of the up to date appliances and higher standard of condos, they generally have stricter rules. Renters may only be allowed to paint rooms or hang a certain style of blinds instead of curtains or make more changes. No smoking rules can also be expected when it comes to an Edmonton condo.
Final Verdict
All in all, apartments and condos share a lot in common. Each is a kind of residential place where more than one individual normally lives. However, if you are evaluating them as options for your next move, there lie a lot of differences between the both. Both types of accommodations offer their own pros and cons. You just need to decide what your preferences are and make your move. Mainstreet Equity corp. offers great Edmonton Apartments in Arena, helping you make your move to Edmonton much easier than your expectations.
