Which is the lowest floor in a condo?

Lowest was first floor and highest was just tenth floor. I also own or have owned 3rd floor, 5th floor and 7th floor properties too. I have also stayed on 12th floor for a few years too.

How big is a 4 floor apartment building?

In our finalized plan, we had 4 apartments per floor. Three apartments had a builtup area of around 1200 square feet each. One smaller apartment had an area of 800 square feet. Total builtup area of a floor in the building was 5125 square feet, including common areas like lobby, lift and staircase.

What are the pros and cons of living on the upper floor of a condo?

Of course, the best advantage of living on the upper floor is the view. Condo units located on the upper floors can have higher prices because of the amazing views that you’ll get to enjoy. CONS: It can get tough moving groceries and other heavy items to the upper floors.

How big is a ground floor apartment in NYC?

A ground-floor, two-bedroom apartment at 52 Ludlow St. Both bedrooms have access to a private, 400-square-foot patio. Living in a ground-floor apartment often gets a bad rap in NYC—with good reason. Being on the lower level of a building means you’ll have less privacy, especially if your windows face the street, and less natural light.

Lowest was first floor and highest was just tenth floor. I also own or have owned 3rd floor, 5th floor and 7th floor properties too. I have also stayed on 12th floor for a few years too.

How much is a floor premium in Toronto?

When selling a building in the pre-construction phase, every developer will have a base price for a particular unit then charge what is known as a “floor premium” as you go higher in the building for a particular unit. Most floor premiums in most condos in Toronto are $1000 per floor for all units.

How to choose the right floor in buying a condo unit?

Homemaking, Miscellaneous . One of the major factors that will influence your decisions in buying any type of condo unit is the floor number. Choosing between lower, middle, and upper floors can be tough since each floor level has its set of benefits and disadvantages.

Are there first floor apartments in New York?

Imagine finding a well-priced one-bedroom apartment in the adorably posh—but notoriously expensive—West Village neighborhood in New York City, only to realize that it’s on the first floor. For some people, this would be a deal breaker.

What happens to a condominium after 50 years?

4. What Is the Lifespan of a Condo Building? Although the law does not explicitly say that a condominium has a lifespan of only 50 years, it definitely implies so. Consider Section 8c:

What to look for in a ground floor condo?

Ground floor units also tend to have more lavish Private Enclosed Spaces (PES) than top floor units. For example, instead of just a narrow balcony, they may have a patio extending out onto the lawn. This might be appealing, if you like to host gatherings in the semi-outdoors.

Is it worth it to buy first floor apartment?

But before you pass on what could be a prime piece of real estate, experts recommend taking the time to investigate whether a first-floor apartment is actually worth pursuing. “It ultimately depends on personal preference,” says Gary Malin, president of Citi Habitats, a real estate brokerage based in New York City.

Is it safe to live on the higher floors of a condo?

Generally, those who are in the higher floors will have a harder time getting out of the building in case of fire, earthquake, bomb scare, and other emergencies. Condominium buildings do have safety and evacuation measures in place in case emergencies occur.