Browse Condos in Fenelon Falls, Ontario or list your own. Advertise, sell your property, list it for letFenelon Falls is a village in Ontario, Canada, part of the city of Kawartha Lakes. Nicknamed the "Jewel of the Kawarthas," it has a population of 1,800 permanent inhabitants, which swells in the summer due to tourism and cottaging. Fenelon Falls is home to lock 34 on the Trent-Severn Waterway between Sturgeon Lake and Cameron Lake. It is primarily a tourist town and therefore is most active during the summer season. The main street of Fenelon Falls is called Colborne Street.
The eponymous falls are hidden from plain view, because the main road crosses over the river just upstream; however, the falls are easily viewed from a nearby restaurant or from a path on the north band of the Fenelon River. The falls power a hydro-electric dam, which diverts some of the water flow.A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned.
Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association.
Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.Source: https://en.wikipedia.org/