Condo Fees Explained

Many Buyers ask themselves the ever confusing question, what’s better for me? A house or a condo?

Many people believe that condo fees are a waste of money and a house’s expenses are much more affordable but really, a maintenance fee is only your percentage share of what it costs to maintain the entire building and is completely based on the size of your unit (a 1 bedroom will be less than a 2 bedroom).

So at the end of the day, it actually works out to be the same but condos tend to offer more convenience, so it really is all completely based on your lifestyle. 🙂

Here’s a great article that explains in depth and also simplifies where your condo fees actually go, CLICK HERE

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About E.V.A. Realty Inc. Brokerage

E.V.A. Realty is a full-service boutique brokerage offering a complete spectrum of unparalleled services for buyers, sellers and builders. Founder, Eva Illes brings a wealth of industry understanding and experience, honed during more than a decade of both living and working in the downtown core. Whether you're a first-time buyer, interested in moving up, downsizing, or an investor looking for income property, E.V.A. Realty will help you every step of the way.
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