Jan 29 2009

Condo vs. Townhouse

Authored by Steven under the category Property Management, Real Estate

What's the difference between a condo and a townhouse?

The technical answer is for a condo, you own the airspace of the unit only. With a townhouse, you own an undivided interest in the subdivision.

Usually townhouses will have a small, private yard. Townhouses are more likely to have two to three stories and stairs plus an attached garage, while most condos are single-story (whether on the ground, second, or higher level), and as such often have balconies vs. yards and a shared garage, outside parking or detached garage. There are variations, so single-story, stand-alone townhouses and condos with garages do exist.

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