The Canadian Real Estate Investor The Truth About Condos
Dec 5, 2025
Ben Singer, a real estate lawyer specializing in condominiums, shares insights on the evolution of condos in Canada since their debut in 1967. He explores the rising popularity of multiplex stratification in cities like Montreal and Vancouver, while Toronto begins to catch up. Singer clarifies the legal definitions of condos and outlines the steps for converting multiplexes into condo units. He discusses the recent resurgence of these properties, linking it to zoning shifts and a demand for family-friendly neighborhoods.
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Condo Is A Legal Structure Not A Building
- Condominiums legally split ownership of units and shared common areas rather than describing a building type.
- The Condominium Act of 1967 and Edmonton's Brentwood Village started Canada's condo era in 1967.
Multiplex Stratification Is Regionally Advanced
- Montreal and Vancouver long embraced stratifying multiplexes into individual condo ownership.
- Toronto and many Ontario markets are only recently exploring the multiplex condominium model.
Small-Scale Condos Reduce Management Complexity
- Multiplex condos combine benefits of condos (lower upkeep, pooled expenses) with simpler asset management.
- Smaller owner groups reduce complexity and the risk of mismanaged large-scale condo expenses.