Ontario condo buyers grapple with monthly fees amid slow rollout of new rules

Ontario condo buyers grapple with monthly fees amid slow rollout of new rules

When Joe Byer bought a condo in a 24-storey downtown building in 2009, he and his wife were attracted in part by the appealingly low monthly fee: $400 for the two-bedroom unit. After about a year, recalls Mr. Byer, an IT sales manager, the owners and condo board directors began looking more closely at the 20-year-old building’s upkeep and discovered a growing list of long-ignored repairs.

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