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–<\/span><\/p>\n Wahi analyzes sales data from more than 1,500 existing condo developments and ranks the buildings with the highest and lowest median maintenance fees.<\/p>\n \u00a0<\/span><\/p>\n TORONTO<\/a>, ONT. \u2014March 20, 2025 \u2014 One advantage to condos is they\u2019re a lower-maintenance option for owners. There\u2019s no driveway to shovel in the winter. There are no gutters to clean out in the spring or the fall. And there\u2019s no lawn to mow \u2014 but this convenience comes at a cost in the form of maintenance fees. <\/p>\n New Wahi analysis shows just how much these monthly fees can vary from building to building in the Greater Toronto Area. In fact, for a one-bedroom condo in the region, the median monthly maintenance fee ranges from $533 up to $1,039, according to the digital real estate platform\u2019s analysis of more than 1,500 condo buildings across the GTA<\/a>.<\/p>\n <\/p>\n \u201cCondo buyers should pay close attention to a building\u2019s maintenance fees,\u201d says Wahi CEO Benjy Katchen. \u201cMaintenance fees can sometimes make or break a budget, depending on the cost,\u201d he adds.<\/p>\n <\/p>\n Monthly Maintenance Fees for a One-Bedroom Condo Exceed $1,000 in Two Toronto Developments<\/strong><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]
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