This is not a ground floor into nor is it in a strata titled property.

Hello Grant, are you familiar with Canatrust? Thoughts?

One real estate agent mentioned the Canatrust option. I'm getting info on it soon. It seems to be a nominee structure but held by Canadia bank, not the actual property owner (s). Perhaps more secure? Although I can see how they just want to create another financial mechanism to take your dough...lol...

A condo in usa terms is a property that is owned by multiple owners and maintained by a company that charges a monthly fee for the upkeep service. Usually it's a highrise, townhouse or a group of buildings in a gated area. Are you familiar with Canatrust?

This is for an apartment purchase. Has anyone done one or have knowledge about it?

Anyone have any experience with this type of real estate purchase?