Thank you DSC. I can understand hikes in fees due to rising operational costs. These cannot be avoided. However, my agent has told me that the increase in funds being allocated to the reserve is not considered a rise in operational costs and therefore should not have a direct impact on...

Thank you for your input rbt. Let me be a little more clear. As far as I understand it, from looking at the certificate and from speaking with my agent, it will be an increase of $278/month by 2019. The current fee is $540. What my agent is saying is that the maintenance fees will NOT...

I know this thread is quite old, but my question is related and I am hoping someone can provide some light on my situation. I am in the midst of finalizing a purchase of a condo in Mississauga. Upon examining the status certificate we discovered that a review of the corporation's reserve fund...