Cliff Peskin

BuzzBuzzHome

June 4, 2010

Some condo dwellers like to be pampered. They enjoy services such as 24-hour room service, private elevators and valet parking. The following is a list of Canada’s 7 most expensive condo projects ranked by their maintenance fees;

7. 1717 Avenue $0.66 per square foot per month
Largest units may pay up to $1800.00 per month in maintenance fees.

6. Shangri La $0.75 per square foot per month
Toronto’s Shangri La by Peterson Group and Westbank provides features such as the CHI Spa, valet, housekeeping and limousine service. Largest units may pay up to $5022.75 per month in maintenance fees.

5. The Residences at the Ritz Carlton $0.79 per square foot per month
Toronto’s The Residences at the Ritz Carlton by Graywood Developments Ltd provides features such as 24-hour concierge, doorman and valet parking. Largest units may pay up to $4700.00 per month in maintenance fees.

4. Four Seasons $0.81 per square foot per month
Largest units may pay up to $3000.00 per month in maintenance fees.

3. Trump Tower $.82 per square foot per month
Toronto’s Trump Tower by Talon International Development Inc provides amenities such as 24-hour personal concierge, valet and room service, daily housekeeping and laundry services and a 12,000 square-foot hight-tech business facility. Largest units may pay up to $6000.00 per month in maintenance fees.

2. 77 Charles West $0.82 per square foot per month
Toronto’s 77 Charles West by Aspen Ridge Homes provides features such as 24/7 concierge and valet – not sure what else these high maintenance fees are covering. Largest units may pay up to $3000.00 per month in maintenance fees.

And the new condo project with the highest maintenance fees in all of Canada is…

1. Museum House on Bloor $0.93 per square foot per month
Toronto’s Museum On Bloor by The Yorkville Corporation provides features such as 24/7 concierge and valet, individual elevator access to each unit and one or two gas fireplaces per residence. Largest units may pay as much as $5000.00 per month in maintenance fees.

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