Many jurisdictions take differing approaches to address complex development scenarios such as phased construction, shared infrastructure, and constrained financing. In Ontario, Canada, the Condominium Act, 1998 provides for standard condominium corporations (by far the most common), but also provides four non-standard structures, each with distinct advantages and risks that are relevant to those interested in developing multi-unit projects in Ontario.
The four types of non-standard condominiums are:
1. Phased condominiums
One corporation governs all phases of development. In Ontario, subsequent phases must be added within a 10-year statutory window from initial registration of the condominium. Phase 1 closings can fund Phase 2 construction without waiting for full-site completion, and a single governance structure eliminates reciprocal cost-sharing agreements. However, each amendment demands experienced condominium counsel, and if phasing stalls, infrastructure sized for the full
