The Highs and Lows of Edmonton’s Condo Fees

It’s important to factor condo fees into your decision when thinking about buying a condo.

Unexpected costs can really mess up a budget. A little miscalculation or a few unknown expenses can compound and either ruin a well laid out plan or stretch your budget to an uncomfortable level. The more of these you can avoid, the more enjoyable buying an Edmonton condo is going to be.

We know you’re busy, and there is an overwhelming amount of information from an equally overwhelming number of sources. How are you supposed to process it all and find exactly what you need to know? Don’t worry about it. We’re constantly collecting this information to support and inform Edmonton’s buyers; so, let us do the hard work for you.

We looked back at the last few years to see what condo fees were for condos for sale in the Downtown and Oliver areas. We took the median price for each condo building, although some only had a single condo. We hope this will give you a general idea of the condo fee per building.

Most of the condos had information on condo fees. However, if you do not see a condo that you’re interested or you have any questions, please contact us so that we can help you get this information. Different condos will provide different services or amenities with these fees, and we can also help you get this information.

Downtown Condo Fees

The lowest condo fee we found in Downtown was at Ultima, which was less than $300/month. The highest fee was at Valley Towers, with a median fee over $1000/month.

Less than $400/month

$400 – $450/month

$450-500/month

$500-550/month

$550-600/month

More than $600/month

Oliver Condo Fees

The lowest condo fee we found in Oliver was at The Five, which was on average $200/month. The highest single condo fee was at The Carlisle at over $2400/month.

Less than $300/month

$300-350/month

$350-400/month

$400-450/month

$450-500/month

$500-550/month

$550-600/month

$600-650/month

Greater than $650/month

While this gives a general idea of what each condo charges in condo fees, keep in mind, it isn’t that simple. Not all condo fees include the same things (ex. heat, water/sewer, landscaping, management etc). Each condo also varies based on costs due to long-term maintenance and number of units per building.

This entry was posted on Thursday, October 19th, 2017 at 7:00 pm and is filed under Edmonton Condos. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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