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Spare a dollar? (sh.itjust.works)
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[-] Pyr_Pressure@lemmy.ca 4 points 10 months ago

I've seen condos where the Strata/HOA fee alone would have been around 25% of the monthly mortgage.

$400 / month strata on a $1600 / month condo. It's practically thievery, no idea how maintaining and apartment is supposed to cost $4800 a year per person. Can't remember how many unit but even assuming a low count of 10 units that's $48,000 a year in maintenance. Seems pretty excessive.

this post was submitted on 28 Dec 2023
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