Depending on what kind of buyer you are, you're also going to want to consider different types of properties. Most people are going to be owner-occupiers of the individual apartment, in which
case pretty much anything will work for you. Most owner-occupiers do opt for co-ops because they are 20-30% less than a condo but there are some restrictions that co-ops apply to buyers that will push some buyers into condos, specifically. So what types of buyers are going to be forced to buy a condo? If you are a foreigner, if you are an investor, if you don't satisfy the more strict financial requirements associated with a co-op, or if you just want the ability to rent out the apartment down the road, those are all reasons why you're going to want to go with a condo. But keep in mind condos are gonna have higher closing costs, they're gonna be more expensive, so if you are an owner occupier co-ops are most likely going to make sense. If you want to run through the details of your particular situation what you're looking to get out of a
property both today and down the road-please reach out to me my email is james@yoreevo.com and I'm happy to run through all the specifics, all the pros and cons. We also have a blog post that compares condos and co-ops and can give you some more
information, some additional detail on some of the topics that we've discussed.