|CO-OP||Private Rental||Ownership||Other Non-Profit*|
|Who is responsible for maintenance?||The residents (or members)||The landlord||The owner||The landlord|
|Who decides what the rent or payments should be?||Residents vote to set rent as needed to cover costs.||Landlord decides rent to cover costs and make profit, subject to legislation.||Owner has to cover costs plus the cost of borrowing.||Landlord decides rent to cover costs.|
|Who gets the profits?||No one - there is no profit.||The landlord (if there is a profit).||The owner (if the property appreciates).||No one - there is no profit.|
|How long can someone stay?||As long as they want, while respecting the obligations of membership.||Usually (but not always) for as long as they can afford it.||As long as they can afford it.||As long as they want.|
|Is a down payment necessary?||No.||No.||Yes.||No.|
|What is required when you want to leave?||You must give notice.||Must give notice, subject to lease.||Must sell.||Must give notice.|
Non-profit housing built and managed by a city or town.
Non-profit housing built and managed by community-based or private organizations such as churches, service clubs, social service agencies, etc.
Non-profit housing owned and managed by the Ontario government. None has been built since 1970.
Source: What is a housing co-op? published by the Co-operative Housing Association of Ontario (CHAO)