http://www.fciq.ca/pdf/mot_economiste/me_062016_en.pdf
According to this article, average condo fees on the island of Montreal for concrete buildings was $309 for the period ended April 2016. There is also a differentiator regarding parking spots. The average fee for a condo with a parking spot in Montreal was $358.
Our average condo fee is $323.61 but that includes cable TV and we have an indoor pool. If we subtract cable from our fee, our average fees are below $299. We also have many condos with more than 1 parking spot.
The article goes on to say that the year of construction is important as expenses rise as a building gets older. For the study they did, the average age of the buildings was 20 years. Based on an overall average, condo fees for buildings built before the year 2000 were $30 more than for those built after.
Very interesting,
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