There are not only twelve Olympian gods and goddesses; there are many other Greek deities.
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No not all Greek God's live on Mount Olympus. There are minor gods like Hestia and Janus. They do not live on Mount Olympus, only the major 12 do.
The Olympians are the 12 main gods. They are children of the Titans. They are named for the gods' residence, Mount Olympus.
There are many gods in Greek mythology, but the main ones are the 12 Olympian gods who ruled from Mount Olympus.
No, the Titans were not the gods of Olympus. The were sort of the generation before them. The Titans were the Elderly Gods.
It was the home of the 12 main gods (the Olympic gods).