How condo maintenance fees are calculated and spent (ON)
There are more than 2,500 registered condominium corporations in the City of Toronto. While those condominiums may range from skyscrapers made up of apartment-style units to blocks of townhouses, one thing that every condominium corporation has in common is the obligation for unit owners to pay common expenses. Maintenance fees will often be several hundred dollars per month or more, so unit owners want to know how are they’re calculated and how they’re spent. Read the article………….
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