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Common Elements

Explore common elements in Canadian condominium ownership, what’s included, how they’re managed, and why they affect ownership costs.

Common Elements

June 13, 2025


What are Common Elements?

Common elements refer to shared spaces and systems in a condominium development that are jointly owned and maintained by all unit owners through the condo corporation.

Why Common Elements Matter in Real Estate

In Canadian condominium ownership, common elements are not part of individual units but are essential to the operation and value of the property.



Examples of common elements include:
  • Hallways, elevators, and stairwells
  • Lobbies, party rooms, and amenities
  • Landscaping and parking areas
  • Building systems (plumbing, HVAC, roof)



Their upkeep is funded through condo fees and governed by the condominium bylaws. Any changes to these areas often require board approval.



Understanding common elements helps buyers assess what they are financially responsible for and how well the property is managed.

Example of Common Elements in Action

A leaking pipe in the hallway ceiling is repaired by the condo corporation, as it is part of the common elements shared by all owners.

Key Takeaways

  • Shared spaces in condo developments
  • Jointly owned by all unit holders
  • Maintained through condo fees
  • Governed by bylaws and board policies
  • Impact long-term building value and operations

Related Terms

Additional Terms

Budgeting

Budgeting in real estate refers to the process of forecasting and managing income and expenses associated with owning, operating, or developing a property.. more

Tenant Improvements

Tenant improvements refer to custom modifications or build-outs made to a leased space to suit the tenant’s operational needs, often negotiated as. more

Highest and Best Use

Highest and best use refers to the reasonably probable use of a property that results in the highest value, provided it is legally permissible,. more

Gross Lease

A gross lease is a commercial lease where the tenant pays a fixed rent, and the landlord covers most or all operating expenses such as property. more

Brownfield

A brownfield is a property that was previously used for industrial or commercial purposes and is now vacant or underused, often requiring. more

Record of Site Condition (RSC)

A Record of Site Condition (RSC) is a formal document filed with a provincial environmental authority certifying that a property meets required. more

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