Your Guide to Understanding Condo Fees

January 13, 2017 Penelope Graham 0

By: Penelope Graham, Zoocasa Let’s say you’re looking to purchase a condo close to the downtown core. You’ve combed Toronto real estate listings and have found what looks to be the perfect unit: it has slick amenities, a great location, and the price seems to be right. But then you realize you’ll also need to pay $500 per month in […]

Toronto Real Estate: Condo Maintenance Fee Crisis

June 29, 2016 Jelani Smith 9

Welcome to 40 Panorama Court., in Toronto, Canada – where units are around $50,000 on average – more than 10 times less than an average condo within the Greater Toronto Area. This sounds like a great deal. But here’s the catch – the skyrocketing maintenance fees and poor management. According to the Toronto Real Estate Board, the average condo in […]