(403) 226-3485 221 - 4615 112 Avenue SE, Calgary AB, T2C 5J3


the ZEN in balance

Part 1 – What are Condo Fees? // October 21, 2016

This is a 3 part series which will contain: what are condo fees, understanding condo fees and why condos are right for you!


The best explanation of how this is achieved is to provide an introductory lesson as to what a ‘condominium is’, and to explain how and for what purpose condominiums are formed. Additionally, we can illustrate some of the differences between different types of multi-family home construction and how those differences impact the type of condominium associations that are formed, and ultimately, how that determines what the costs are to own a home in a condominium association.

What is a Condominium Association?
It’s basically a form of group ownership where all homeowners in a particular building or community, own their personal home individually, but who share ‘common’ areas that are owned and maintained, collectively by the entire group of homeowners. This property maintenance is funded by fees collected from each homeowner in the association (typically monthly), and it is administered by a Condominium Board of Directors, who generally work in conjunction with a professional property management company. The amount and type of common property are the primary determinants in what the monthly ‘condo fees’ will cost each member.

What are ‘multi-family’ homes?
The term multi-family construction refers to any residential building where two or more homes are physically connected, and actually covers a fairly wide array of different building styles. This range includes duplexes, townhomes, small walk up apartment complexes and large concrete & glass apartment complexes with elevators, underground parking, etc. As you can imagine, the common property that each of these types of buildings would contain varies dramatically.

What is ‘common property’?
With duplexes and townhomes, which is what Avalon Homes specializes in, the common property is typically limited to the exterior of the homes, and includes features like roofing, exterior cladding (siding, stucco, stone, etc), yards, fencing, decks, sidewalks, streetlights, landscaping, garbage & recycling facilities and roadways.

For larger multi-story developments such as apartment complexes, in addition to the exterior spaces & features listed for townhomes, the common property also extends to many interior spaces and amenities, such as elevators, shared hallways, shared laundry facilities, shared entertainment facilities, and quite often, mechanical delivery systems for heating, cooling, ventilation & plumbing, etc.

The main responsibilities of the condo association in a typical townhome community with primarily exterior common property would be the care and maintenance of landscaping, roads & sidewalks (lawn mowing, snow removal, etc) along with the maintenance and when eventually needed, replacement of fences, siding, roofing and windows.

For the apartment style condos, in addition to the exterior care & maintenance, any interior common spaces and equipment would be cared for and maintained by the association. This includes regularly schedule mechanical equipment maintenance and replacement. Often this means that the cost of certain utilities are actually paid by the association instead of the individual home owners.

For all types of condo communities, the condo association is also in charge of amendments to and enforcement of the condominium’s bylaws, which are the officially written set of regulations, rules and architectural controls adopted by the association. These typically set limits as to what homeowners can and cannot do with regards to the exterior of their homes & yards, and the stringency of these guidelines can vary substantially from one community to another.

Stay tuned for part 2!

Share on FacebookTweet about this on TwitterPin on PinterestShare on Google+Share on LinkedIn

Posted in Condo Fees, Home Ownership, ZEN Cranston, ZEN Ravenswood in Airdrie | Tagged in Tags: | No Comment.

Why build with Avalon? We stand out from the crowd in a few important ways. LEARN MORE


ZEN at Chinook Gate in Airdrie will be a collection of 40 unique live-work townhomes that will provide a comfortable place to call home as well as a productive work environment under the same roof. Register today to receive updates and news about this new ZEN community at www.zenchinookgate.com ... See MoreSee Less

10 hours ago  ·  

View on Facebook

We're open at ZEN Ravenswood, ZEN Redstone and ZEN Urban District from 12 noon-5pm today!

+ ZEN Redstone - 236 Red Embers Way NE
+ ZEN Ravenswood - 1403 – 2400 Ravenswood View SE, Airdrie
+ ZEN Urban District - 19500 – 37 Street SE

... See MoreSee Less

14 hours ago  ·  

View on Facebook

1016-2400 Ravenswood View SE is an IMMEDIATE POSSESSION 1168 sq.ft. home. Two large bedrooms and 2.5 bathrooms, quartz countertops, stainless steel appliances, upper floor laundry (no more hauling baskets of clothes up and down stairs!) and private fenced backyard perfect for summer entertaining! This townhome is ready to be lived in for only $239,900 (GST Included) or approximately $517 bi-weekly! Contact Mariam at 403-829-3560 to schedule a viewing or visit her at 1403-2400 Ravenswood View SE, Airdrie. ... See MoreSee Less

15 hours ago  ·  

View on Facebook



Saif is a new homeowner in Redstone and is happy to explain why he chose a ZEN townhome. ...read more »

Time Is Running Out To Get More Home For Less - Great D ...read more »

AHS Workers Are Prescribed A Healthy Price Reduction of $2500 ...read more »

MULTI-GENERATIONAL HOMES - Avalon Master Builder is alw ...read more »