Typically, monthly maintenance fees for condos in Toronto range from $300 to $1,000. Maintenance fees for condos in Toronto can vary greatly depending on several factors such as the size of the condo, the amenities offered, and the location of the property.   The fees cover the cost of maintaining common areas, such as the lobby, elevators, and outdoor spaces, as well as the cost of utilities such as heating and water. Some condos may also offer additional amenities such as a gym or pool, which can result in higher monthly maintenance fees.   It's important to factor in the monthly maintenance fees when considering the cost of buying a condo in Toronto. A higher monthly fee can increase the overall cost of homeownership, so it's a good idea to carefully review the fees before making a purchase.   It's also important to review the condo's financial statements, which should be provided by the condo corporation, to get a better understanding of the current and future financial health of the building. This will help you determine whether the monthly maintenance fees are reasonable and whether they are likely to increase in the future. | Most Searched Real Estate Questions