MUST READ: Toronto City Council Waives Development Charges On Sixplexes

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

Draw Schedule

A draw schedule is a payment plan used in construction financing that outlines when and how funds will be released to the builder or contractor as. more

Above Guideline Increase (AGI)

An AGI, or above guideline increase, is a rent increase above the standard annual guideline that landlords can apply for in specific circumstances.. more

Encumbrance

An encumbrance is a legal claim, liability, or restriction on a property’s title that may affect its use, transfer, or value.. more

Eminent Domain

Eminent domain is the government’s legal right to expropriate private property for public use, with fair compensation to the owner.. more

Development Charges (DCs)

Development charges (DCs) are fees imposed by municipalities on new developments to help fund infrastructure and services required due to growth.. more

Deed Restriction

A deed restriction is a condition written into a property’s deed that limits or prescribes how the property can be used, binding future owners until. more

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