Investor building or owner building
In Oshawa the first question about a condo under $500,000 is who else lives there. Buildings near the campus in Windfields carry a high share of tenants, which supports rent but can mean turnover, wear on common areas and rules about leasing that the status certificate will spell out. Older buildings in O'Neill, Central and Centennial are more often owner-occupied, quieter and roomier, with fees that reflect heat and water included and a building that has already been through its major repairs, or has not, which is what the reserve fund study will tell you. For every building, confirm whether parking is owned or assigned, how visitor parking works, and what the corporation says about pets, short-term rentals and smoking. Then time a visit for the evening, when a building shows its character.