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 You might be looking at properties and notice the word “freehold.” This word, associated with townhomes in Toronto, leads to some confusion. When you prepare to buy a townhome you might assume it will be a condominium, where you pay monthly maintenance fees and share any common amenities. However, freehold townhomes are on the market too, and are different in a few key ways. What exactly is a freehold townhome? How is it different than the type of ownership..