{"id":308208,"date":"2025-03-20T13:37:44","date_gmt":"2025-03-20T13:37:44","guid":{"rendered":"https:\/\/wahi.com\/ca\/en\/?p=308208"},"modified":"2025-03-20T17:01:02","modified_gmt":"2025-03-20T17:01:02","slug":"the-gta-condos-with-the-highest-and-lowest-monthly-fees","status":"publish","type":"post","link":"https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/2025-gta-condo-fees-report\/","title":{"rendered":"The GTA Condos With the Highest and Lowest Monthly Fees"},"content":{"rendered":"

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text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” text_font_size_tablet=”21px” text_font_size_phone=”16px” text_font_size_last_edited=”on|desktop” header_2_font_size_tablet=”36px” header_2_font_size_phone=”25px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/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.<\/span><\/p>\n

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By Josh Sherman<\/a>\u00a0<\/span>| 3 minute read<\/p>\n

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Wahi\u2019s condo ranking is based on maintenance fees for one-bedroom units that were sold in 2024.<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”32px||23px|||” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”11px||14px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” text_font_size_tablet=”21px” text_font_size_phone=”16px” text_font_size_last_edited=”on|phone” header_2_font_size_tablet=”36px” header_2_font_size_phone=”25px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

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.<\/span>
<\/span>
<\/span>New Wahi analysis shows just how much these monthly fees can vary from building to building in the Greater Toronto<\/a> 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<\/a> platform\u2019s analysis of more than 1,500 condo buildings across the GTA.<\/span><\/span><\/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.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

 <\/p>\n

Monthly Maintenance Fees for a One-Bedroom Condo Exceed $1,000 in Two Toronto Developments<\/b><\/h2>\n

 <\/p>\n

In 2024, 33 Harbour Square, a waterfront condo building dating back to the late-\u201970s, had the highest median monthly maintenance fee for a one-bedroom unit ($1,039). <\/span>
<\/span>
<\/span>The Shangri-La (180 University Ave.), a luxury condo and hotel development completed in 2012, was the only other address to exceed the thousand-dollar barrier, with a median fee of $1,039. <\/span>
<\/span>
<\/span>Half of the 10 most expensive buildings were located within Old Toronto<\/a>, which spans from High Park<\/a> in the west to the Beach in the east, and from the Harbourfront in the south to midtown in the north.\u00a0<\/span>
<\/span><\/p>\n

\u00a0<\/span><\/p>\n