Buyers Condominium Checklist by Nest & Castle December 15, 2020 December 15, 2020 Date/Time Visited: ________________ Property Address & Financials Property Address Asking Price ($) Approx. Price per Square Foot ($) Price Comparison (is the price of the apartment high, on par, or low compared to similar apartments?) High / Average / Low (details) Fees (condo/co-op/shared elements/apartment fees) Yes ($________) (approx. price per square foot) No Average Annual Change in Fees (%) (on average, how much do the fees change per year?) Listing Agent Information Name of Agent Agent Phone Number Agent Email Address (Attach business card if available) Neighbourhood Details Proximity/Walkability Scores (schools, public transport, grocery stores, parks and green space, shopping and recreation, etc.) Excellent / Good / Moderate / Poor (details) How does the neighbourhood make you feel? Other Notes Building Details Is the exterior of the building in good condition? (paint, windows, railings, stairs, etc.) Yes / No Are there any cracks in the walls? Yes / No Is the front door in good condition? Yes / No Are the windows in good condition? Yes / No Is the building accessible? (for those with disabilities, elderly, children, etc.) Yes / No Does the building have elevators? If yes, how many? Yes / No Number of Elevators: How many floors does the building have? Is there any proposed maintenance or other building works? Yes (details) No Does the building have security/front desk/concierge? Yes / No Does the building have shared elements/amenities? (ex. gym, cinema, business centre, etc.) Yes (details) No Apartment/Condo Unit Details Size (sq. ft) Exposure North / South / East / West NE / NW / SE / SW Number of Bedrooms Number of Bathrooms Alarm System Yes / No Suite/Unit Metered Electricity? (is the electricity consumption based on your usage?) Yes / No Suite/Unit Climate Control? (are you able to control your own air conditioning and heating? Yes / No Noise Levels (traffic, neighbours, trains, airplanes, etc.) High / Average / Low (details) Amount of Natural Light Excellent / Good / Average / Poor Condition of Walls Throughout Unit (note any issues in detail) Good / Adequate / Poor Condition of Ceilings Throughout Unit (note any issues in detail) Good / Adequate / Poor Condition of Windows Throughout Unit (note any issues in detail) Good / Adequate / Poor Living Areas Living Room Dining Room Study/Den Approx. Size (sq. ft) Condition of Walls Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Condition of Ceiling Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Condition of Windows Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Flooring Type Condition of Flooring Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Storage Space Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Media/Phone Outlets Yes / No Yes / No Yes / No Electricity Outlets Yes / No Yes / No Yes / No Painting Required? Yes / No Yes / No Yes / No Renovations Required? (details) Yes / No Yes / No Yes / No Notes Bedrooms Master Bedroom Bedroom 2 Bedroom 3 Approx. Size (sq. ft) Ensuite Bathroom? Yes / No Yes / No Yes / No Noise Level (traffic, neighbours, etc.) High / Average / Low High / Average / Low High / Average / Low Condition of Walls Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Condition of Ceiling Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Condition of Windows Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Flooring Type Condition of Flooring Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Storage/Closet Space Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Media/Phone Outlets Yes / No Yes / No Yes / No Electricity Outlets Yes / No Yes / No Yes / No Painting Required? Yes / No Yes / No Yes / No Renovations Required? (details) Yes / No Yes / No Yes / No Notes Bathrooms Bathroom 1 Bathroom 2 Bathroom 3 Approx. Size (sq. ft) Overall Condition of Bathroom (free of mildew/mould, cleanliness, etc.) Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Condition of Walls Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Condition of Ceiling Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Shower Yes / No Yes / No Yes / No Bath Yes / No Yes / No Yes / No Vanity Yes / No Yes / No Yes / No Toilet Yes / No Yes / No Yes / No Exhaust Fan Yes / No Yes / No Yes / No Flooring Type Condition of Flooring Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Storage Space Good / Adequate / Poor Good / Adequate / Poor Good / Adequate / Poor Painting Required? Yes / No Yes / No Yes / No Renovations Required? (details) Yes / No Yes / No Yes / No Notes Kitchen Approx. Size (sq. ft) Storage Space Good / Adequate / Poor Countertop Space Good / Adequate / Poor Stove Type Gas / Electric Condition of Stove Good / Adequate / Poor Stove Fan Yes / No Condition of Oven Good / Adequate / Poor Condition of Dishwasher Good / Adequate / Poor Are there enough electrical outlets? Yes / No Is there enough lighting? Yes / No Renovations Required? (details) Yes / No Notes Laundry Does the unit have its own laundry? Yes / No If Yes: · Enough room for washer/dryer? · If the unit comes with a washer and dryer, what is the condition of these machines? · Is there room for clothes to air dry? Yes / No Good / Adequate / Poor Yes / No If No: · Does the building have shared laundry amenities? · Is there a cost associated with the use of these machines? · Are there nearby external laundry services in your neighbourhood? Yes / No Yes / No (if Yes $________) Yes / No Garage/Parking Does the unit come with parking? Yes / No If Yes: · Is the parking assigned/reserved? · Condition of an assigned parking stall · Is the parking secured and CCTV monitored (security cameras)? · If parking is NOT assigned/reserved, number of spots available for parking Yes / No Good / Adequate / Poor Yes / No If No: · Are there nearby parking lots/garages? · Is there a cost associated with the use of these parking lots/garages? Yes / No Yes / No (if Yes $________) In the event you decide to make an offer to purchase this unit, please keep in mind the following: It is strongly recommended you obtain a home inspection by a licensed inspector before closing. As a resident of the building, you must obey the rules of the building corporation at all times. Please also keep in mind: Apartment/Condominium ownership often involves both individual and joint ownership elements. When you purchase the unit, you will receive a legal title to the specific unit that you purchased. Additionally, you will receive joint ownership for the common elements of the building, such as the elevators, parking garage, and amenities. You most likely will have to pay monthly or annual fees to the building corporation. This revenue is used to support the ongoing maintenance and operations of the building. As an owner, you will have the ability to vote on decisions regarding the ongoing operations, maintenance, and budgets of the building through attending building corporation meetings. If you cannot attend in person, you can often submit a proxy. About Nest and Castle Nest & Castle Inc is a leading edge real estate brokerage based in the heart of the Greater Toronto Area (GTA). We provide creative solutions and strategic advice on all aspects of the real estate industry. Our mix of conventional real estate techniques and forward-thinking technologies makes the buying or selling of your home, an easy and enjoyable experience. Search Exclusive New Developments Looking for your Dream Home? Sell Smarter With Data. It's The Future. 0 comment previous post CHAPTER 2: FINDING A PLACE TO RENT next post How to Solve Pest Control Problems Like a Pro You may also like Canada’s population gained in the first quarter but... June 20, 2019 Universal Condos Pickering Hot Investment November 4, 2018 New GTA home sales sizzled in July says... August 27, 2019 First Look: Thirty Six Zorra August 14, 2019 Record investment in this sector will continue in... November 27, 2018 Breaking: Federal budget includes first-time buyer incentives March 19, 2019 Where the most (and least) expensive condo areas... January 10, 2019 River & Fifth Condos Toronto Launching Soon January 14, 2019 M City Phase 3 Mississauga Launching Soon September 30, 2018