Condo Fees Calculator
Understand how condo fees affect your total monthly housing costs. Compare housing costs with and without condo fees.
2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
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Total Monthly Housing Cost
$3,250.00
Annual Condo Fees
$6,000.00
Condo Fee % of Total
15.4%
Share of housing cost
With Condo Fees
$3,250.00
Per month
Without Condo Fees
$2,750.00
Per month
Frequently Asked Questions
What do condo fees cover?
Condo fees typically cover building maintenance, common area upkeep, insurance for shared areas, reserve fund contributions, and amenities like gyms, pools, or concierge services.
Are condo fees tax deductible?
Condo fees for your principal residence are not tax deductible. However, if you rent out your condo, the fees are deductible as a rental expense.
Why do condo fees increase?
Fees increase due to rising maintenance costs, building age, inflation, special assessments for major repairs, and increases to the reserve fund.
Official Data Sources
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Built and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · MethodologyDisclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.
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