Station Park | 18, 28, 36, 43, 50 fl | U/C

[tomh009]

Has anyone done a proper study on that? There are a couple big tickets with sfh its true....roof, windows, furnace/a.c. to name a couple. Then any yard and driveway maintenence....

You don't need to do a study. You can simply do some reading of condo financials and annual reports, and look at what it will cost in a house. There are utilities (probably less than in a house given the reduced heat loss), maintenance (including reseve fund contributions for future repairs) and insurance (house insurance significantly more expensive than condo unit insurance), which probably account well over half the fees. Operational things include property manager (who will schedule repairs instead of you calling plumbers or electricians) and custodial service--and garbage removal, the cost of which is rather unfairly not covered by the city.

The biggest-cost item that has no house equivalent is the concierge, if your building has one, but I think most buildings now do not include that.