Toronto Condo Living Your Unit and Common Elements In a condo corporation, as an owner, you typically own your individual unit and collectively share in the ownership of and expenses for the common elements. Unlike units, common elements may not be for the exclusive use of a particular unit owner. Common elements may include parking garages, elevators, lobbies, and much more. They may also include structural elements like the walls between the units, doors, plumbing and... [read more]