1.
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Water leaks and mould. |
2.
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Dogs bark day and night and
there are dog
urine/droppings in hallways, staircases and elevators. |
3.
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Vermin. Could be cockroaches,
bedbugs, mice or all three. |
4.
|
Building mechanical defects. The
hot water risers, chillers or boilers
may be shot. There may be water outages. |
5.
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Poor security resulting in
break-ins and vandalism in the garage and dope dealing in the
staircases. |
6.
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A rude or obnoxious property
manager and an indifferent board. |
7.
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Major repairs are required which
will result in huge special
assessments or the condo requiring loans. The board and the owners are
in denial. |
8.
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Not enough parking spots so
residents use all the available visitor
parking spots. Violations of the rules are not enforced. |
9.
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The unit's wonderful view is
going to be blocked by a new condo tower
that is going to be built right next door or across the street. |
10.
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That $1 million Reserve Fund is
underfunded and is actually just a
loan that you will be helping to pay off. |
11.
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There are noise, fumes and odour
penetration problems from the unit
next to you. You will hear your neighbour talking on the phone, listen
to their music, and hear the men urinating in their toilet. Strong
cooking odours in early evenings. |
12.
|
Over-crowded units and a high
percentage of renters.
|
13.
|
You are going to hear a lot of
false fire alarms in the very early hours. |
14.
|
There was a meth lab in the
unit above the one you are buying. |
15.
|
The elevator with the "Temporary
Out of Service" sign? It has been out of service for the last seven
months. |
16.
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The condo corporation runs
annual deficits and it is worse than broke. |
17.
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Noisy, obnoxious or mentally
challenged neighbours. |
18.
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Your new condo allows transient
renters. The unit next to yours is actually a furnished hotel suite.
|