We are now in the era of the infrastructure boom. The home buying had shifted from house and lot to condominium units. Is this a mere trend or a matter of minimalist way living?As impractical as it seems to some people, owning a condo unit is ideal especially in the city and to the students and working professionals. Here are some reasons why:

It has the location that most need 

Usually, family homes are located in areas with a lot of land space such as the beach, a town or a far state while most condominium buildings are in the cities providing its owners accessibility to their offices, universities, the supermarkets and the parks. This convenience brought by the location of condominiums like that of YSL Residences Condos cannot be monetized and compared to a 2-3 hour drive every day to work.

It has the amenities that most want

The facilities are the real deal breaker among condominiums. Although swimming pool and the gym is a common denominator today, each condo units still vary in featured amenities. Imagine access to accommodations that an individual homeowner could not afford. Some high-end condo has their own clubhouses, tennis court and even a golf course. Most have developed their own parks exclusive to their condo unit owners only. One of the latest trends nowadays is commercializing few units on the ground level resulting to more amenities, though not members exclusive, such as bars, clubs and restaurants right under your noses.

It is an investment that one must consider

Condo units are equities too. It is ideal to own an aerial space perpetually than paying rent for the rest of your life. However, you still have to consider the price of a unit and the total rent you will incur. On the other hand, ownership is still owning. The thing here is that it is anticipated that condo units will appreciate in value over the years such as those in the cities like the YSL Condos in Toronto. It is also a good investment if you turn the unit into a rental program.

It has the feeling of elation that everybody deserves

There is less worry when one owns a condo unit. Few of the biggest perks of owning a unit are having a 24/7 security and no direct responsibility for performing maintenance for the building, common areas and the amenities that owners enjoy using. The monthly condominium fees that an individual owner pays to cover all the expenses. This gives the owners free time to do something else instead of painting the walls, cleaning the pool or tending to loose bolts.

Although owning a condominium unit is ideal for the city set up, one must consider the cost and the need of buying one.