‘If I knew then what I know now, I wouldn’t have bought it,’ Orillia resident says of condo fees (ON)

When it was time to retire, Scott and Marilyn Maclagan, after 60 years away, came home. They bought a townhome at North Lake Village, the ambitious, multi-phase Titan Homes development at the former Atlas Block property in the north ward.  “We love the area and we love our home,” said Scott Maclagan. “We had a four-bedroom, two-storey house in Markham, and this is 1,246 square feet all on one level. It’s perfect for us. But if I knew then what I know now, I wouldn’t have bought it.”  Homes at North Lake are condominiums. As such, owners pay property taxes but also must ante up for a monthly stipend that is used to cover the cost of what’s termed “common elements.”    Read the article…………….

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