Condo Fee Trends: 2024 Year in Review

By Anthony Ing
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We are excited to publish our 2024 report on condo fees, marking the third annual installment of our comprehensive report. Over the past two years, this report has become a trusted resource for property managers, condo boards, and unit owners, generating significant interest and sparking important conversations about the financial trends shaping Ontario’s condominium communities.

Building on this momentum, our latest report examines data from over 100 condominiums to provide an in-depth look at condo fee increases.

This year’s findings reveal a landscape of mixed trends: while some cost categories have stabilized or even declined, others—particularly reserve fund allocations—continue to exert upward pressure on budgets. By identifying these trends, we trust this report will empower stakeholders to make informed decisions that balance short-term affordability with long-term sustainability.

Download the Report

To access our full report, please click Download Report below. We have also included relevant slides below for your convenience.

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