Condos in Colborne, Ontario
Breakdown by postal code areas in Colborne:
Other cities in the area: Fraserville, Norwood, Indian River, Hastings, Bailieboro, Campbellford, Bridgenorth, Bewdley
Colborne might have most of their condos on leased land, which may or may not be a problem, depending on the lease. When a condo is on leased land, every month, you must pay a leasing fee in addition to your condo fee. Sometimes this fee is very little, and sometimes this fee is a lot, depending on the location of the condo in Colborne. Regardless of the fee, buying a condo on leased land is a tricky situation. Make sure to research the lease contract before buying, because if the lease is up within the next 30 years, it will be difficult to resell your condo, as there is no guarantee of what will happen after the lease expires. Colborne, located within the province of Ontario benefits from a competitive economy with a pro-business attitude.
It is a great location to consider for doing business or investing in business, just like many other areas of the province.
Residents living in Colborne benefit from a local government making strategic investments in a growing economy.
Economic development at the community level remains a primary focus, providing Colborne locals with
more opportunity than ever before.
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