Condos for Sale in Canton MI

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Condos for Sale in Canton MI

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4048 Berkeley Avenue, Canton charter township

$229,900

4048 Berkeley Avenue, Canton charter township

2 Beds 1 Bath 1,410 SqFt Condominium MLS® # 20251009274
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1963 E Franklin Drive, Canton charter township

$240,000

1963 E Franklin Drive, Canton charter township

3 Beds 2 Baths 1,482 SqFt Condominium MLS® # 20251010942
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4246 Brookstone Drive, Canton charter township

$399,000

4246 Brookstone Drive, Canton charter township

3 Beds 3 Baths 1,785 SqFt Condominium MLS® # 81025030312
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1230 Old Colony Lane, Canton charter township

$420,000

1230 Old Colony Lane, Canton charter township

3 Beds 4 Baths 3,572 SqFt Condominium MLS® # 20251009798
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47655 Pembroke Drive, Canton charter township

$1,800

47655 Pembroke Drive, Canton charter township

2 Beds 2 Baths 1,385 SqFt Condominium MLS® # 20251010526
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41195 Southwind Drive, Canton charter township

$199,900

41195 Southwind Drive, Canton charter township

2 Beds 2 Baths 1,842 SqFt Condominium MLS® # 20251008734
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41723 Glade Road 37, Canton charter township

$389,900

41723 Glade Road 37, Canton charter township

3 Beds 4 Baths 3,065 SqFt Condominium MLS® # 20251009277
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44700 Heather Lane, Canton charter township

$415,000

44700 Heather Lane, Canton charter township

3 Beds 3 Baths 2,149 SqFt Condominium MLS® # 20251009892
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43543 Abbey Circle, Canton charter township

$475,000

43543 Abbey Circle, Canton charter township

3 Beds 3 Baths 2,106 SqFt Condominium MLS® # 20251007113
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4563 Cranston Dr, Canton charter township

$439,900

4563 Cranston Dr, Canton charter township

2 Beds 2 Baths 1,877 SqFt Condominium MLS® # 58050178881
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48884 Garden Lane, Canton charter township

$539,000

48884 Garden Lane, Canton charter township

3 Beds 3 Baths 2,288 SqFt Condominium MLS® # 20251009612
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50260 Cromwell Street, Canton charter township

$499,990

50260 Cromwell Street, Canton charter township

2 Beds 2 Baths 1,877 SqFt Condominium MLS® # 20251009322
2001 Cobra Crt, Canton charter township

$390,000

2001 Cobra Crt, Canton charter township

2 Beds 2 Baths 1,946 SqFt Condominium MLS® # 20250037830
2041 N Arbor Way Drive 71, Canton charter township

$215,000

2041 N Arbor Way Drive 71, Canton charter township

2 Beds 2 Baths 1,287 SqFt Condominium MLS® # 20251006639
7044 Foxthorn Drive, Canton charter township

$1,400

7044 Foxthorn Drive, Canton charter township

2 Beds 1 Bath 816 SqFt Condominium MLS® # 20251008709
41280 Maplewood Drive, Canton charter township

$2,200

41280 Maplewood Drive, Canton charter township

2 Beds 3 Baths 1,502 SqFt Condominium MLS® # 81025028642
4015 Norwich Drive, Canton charter township

$299,900

4015 Norwich Drive, Canton charter township

2 Beds 3 Baths 1,660 SqFt Condominium MLS® # 20251008355
4057 Radcliff Drive, Canton charter township

$245,000

4057 Radcliff Drive, Canton charter township

2 Beds 2 Baths 1,385 SqFt Condominium MLS® # 81025028521

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More Information on Condos in Canton MI

Nightmare of mowing the lawn keep you up at night?  Break out in a cold sweat when thinking about exterior peeling paint?  Become uneasy at the prospect of another spring clean up when you'd rather spend your downtime at the game?  Condo's may be right up your ally, but know before you buy, there's more to it then just monthly dues.

Check the Restrictions:  Condos for sale in Canton MI are all required to have covenants and restrictions.  Some are easy!  Don't move exterior walls is an easy one.  But how about birdfeeders or decorating the outside for the holidays?  Many condo in Canton MI restrict what an owner can do outside their condos, however some are very loose restrictions.  Be sure to read the covenants very closely when zeroing in on a complex.  Working with The Perna Team we'll make sure you not only receive these but have ample time to review and ask any clarification questions. 

Check the Restrictions . . . again:  More than what can't be done, is what the owner is responsible to have done vs. what the complex will take care of.  Many complexes in the post financial meltdown have moved the responsibility of the decks, patios, porches and windows back onto the owner.  Not a big deal if you're prepared, but can be costly if the deck is in serious need of repair. 

Delinquency Rates:  This is important for 2 reasons.  First as owners become delinquent there is a finite amount of time an association has to go after that person before a sheriff sale cleans the deed of any liens and the association looses the money entirely.  Should that happen (and it's happened quite a bit in the 2008-2011 years) the loss is spread out over the other owners.  Should the issue become serious and reserves fall below the state mandated minimum the association will assess each owner beyond the monthly association fee.  The second reason this is an important percentage to know is for mortgageability purposes.  Should the complex go above 10% delinquent.  FHA and most banks will not loan on condos in the complex.  The definition of delinquent the government uses is more than 5 days late on their association payment.  So if 10% of the complex are over 5 days behind on any one payment it will become not only difficult to buy a condo in the complex, but more difficult to sell in the future. 

Fees too good to be true?!:  They probably are.  Many builders keep association dues artificially low until they sell out by funding a portion of the dues on behalf of everyone.  This seems costly, however the lower the dues the more attractive a complex is to purchasers looking for condo's for sale in Canton MI.  The second bonus for the builder is with lower dues that same buyer can afford to spend more when them than on the private owner, and is able to buy more of the builder upgrades or pay a higher base price.   There is one are builder in particular that kept the dues at $115 during the building process but than quickly shot up to $225 per month within 6 months of selling the last condo in the complex.  At $110 per month that's over $1300 per year!

 Renters and Rental:  Lastly check the bylaws (yes one more time) to see if rentals are allowed in the complex.  In some complexes with the downturn, bank owned condos investors have purchased and owners being underwater some complexes active condos in Canton MI are in are over 20% tenant occupied.  As time goes on these will become known and will not rise as fast in appreciation.  In addition if your intent is to purchase and then lease the condo out in the future, check the bylaws to see if this is possible.  During the down market many associations have adopted non-lease or capped lease guidelines.  In capped lease complexes these typically allow for 5% or 10% of the units to be leased and anyone who would like to lease above that has to go on a waiting list.  This list will often be years long. 

We hope the above information was helpful, and hope that should you choose to look at any of the Condos for sale in Canton MI you give us the opportunity to serve.  The Perna Team has built it's business working with people and families, not working for banks and investors, and we pride ourselves on honest hard work.  As we receive over 200 referrals from our past clients per year, that dedication has paid off, and are very thankful for our past client base.

Also, search all the homes for sale in Canton, MI, by clicking here.