The condo my client purchased is 350 square feet, but upon measuring it, it is only 290 square feet, was this misrepresented?
What you see is not what you get when it comes to condominium areas. You are buying a twelve hundred square foot condo, that twelve hundred feet is determined according to Tarion’s Bulletin 22 and is called the marketing area or the salable area of the condo. Now, what you end up living in, though, is that square footage, minus half the thickness of the demising walls, minus the full thickness of exterior walls, minus the thickness of the corridor walls, minus the area that the structural walls and pipe chases take up. And then you end up with the actual usable, occupiable, living space. Therefore, what you get to live in is not what you buy in terms of square footage.