There is a common misconception about condos. Most people think of them as retirement living for the elderly. These condos ring golf courses in Arizona and pop up like mushrooms in Florida. They are white, sterile, and temporary living conditions. This is all, of course, a complete misconception. Condos come in all shapes and sizes. They can be found all around the world. They are owned by young couples, families, and retirees. What makes a condo is not the type of building construction, by rather a deal with the condo association. For a monthly or yearly fee, the association does the maintenance to your property. It sometimes does indoor maintenance as well. However, you own your own home, whether your condo be on the edge of a Florida lake or in the heart of a big city. For instance, today there are a lot of Toronto condos for sale.