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Housing types

The following housing types are used by members of the Ottawa Real Estate Board to classify properties listed for sale. These designations can help you narrow your search for your ideal property. Although members of the Ottawa Real Estate Board make every effort to classify each property accurately, keep in mind that some properties may be more difficult to classify than others.

Residential:  The residential property class includes detached, semi-detached, multi-unit (townhouse/stacked/apartment) and duplex/doubles (two separate living units in the same building, on the same title) properties that are NOT registered as condominiums. The property owner holds freehold title to the dwelling unit and accompanying block of land.

Condominium:  The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.) which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares.

Lot:  A piece of property which is typically without buildings or structures. (A structure may exist on the property but the property is being sold for the land value only.) The property does not have a commercial zoning designation.

Commercial: Commercial property class refers to buildings or land intended to be used either for the operation of a business enterprise or to generate a profit either from capital gains or rental income. Businesses intended to generate a profit are also included in the commercial property class.

Multi-Family (Residential): Multi-Family (Residential) is a property which is a double (side by side), duplex (up and down), triplex or a fourplex. In the case of doubles and duplexes, they may also be listed in the Residential property class and cross referenced. Properties which have 5+ units must be listed under the Commercial Property Class.

Farm:  A farm, ranch or agribusiness.

Rental:  Any Residential property that is available for rent.

Property Styles

Detached: A single dwelling unit standing alone, separately titled.

Row Unit: One dwelling unit of a group of three or more attached, self-contained dwelling units of similar design and size, each unit separately titled.

Semi-Detached: One of a pair of self-contained dwelling units, often of mirror image design, attached by a common wall but detached from other buildings; separately titled from one another.

Apartment: One unit of a complex of self-contained units lying within a low, mid or high rise building, offering common areas such as hallways, parking lots, stairwells, etc.

Stacked: One unit in a complex containing individual residences stacked on top of each other like apartments, but all contained in a single structure resembling traditional row houses. Units are often multi-level. Each unit has a separate entrance and is separately titled.

 Property Types

One Level (1LEVEL): Apartment with all rooms on one level.

1 ½ Storey (1.5STY): Single family dwelling with 2 levels above grade, upper level is full height at the centre peak but dramatically slopes to shorter height along the outer walls.

2 Storey (2STOREY): A single family dwelling with 2 levels above grade.

3 Storey (3STOREY): A single family dwelling with 3 levels above grade.

Bungalow  (BUNGLOW): A single family dwelling with 1 level above grade.

Double Side by Side (DBL-SXS): Building which consists of two dwelling units beside one another; under single ownership (one legal description); looks like a semi-detached.

Duplex-Up/Down (DUP-UD): Building which consists of two dwelling units, one above the other; under single ownership (one legal description).

Hi Ranch (HIRANCH): Single family dwelling with 1 level above grade and the basement level elevated partially above grade, entry is located halfway between basement level and main level.

Link Home (LINK): Single family dwelling which is linked underground by either a concrete wall or a steel rod connected two foundations, may be one or more levels.

Mobile (MOBIL): A trailer or other moveable structure that is used as a permanent structure, usually connected to utilities; may or may not have a permanent foundation. Land might be leased.

Split Level (SPLIT): Single Family dwelling with multiple levels above grade, separated by small flights of stairs.

Other (OTHER): Any other dwelling type not detailed here.

                                                           Source: Oreb.ca

 

 

 

 

 

 

 

 

 

 

 

 


This entry was posted on February 9th, 2012 by Ryan Cole | Posted in General

Housing types

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