Toronto condos >70% of new housing; avg. price near $700K; competition high.
Layout beats size: 550 sq-ft can feel bigger than 650 sq-ft.
Maintenance fees rise; some Toronto buildings saw >10% increases over a few yr.
Low reserve funds raise special-assessment risk; management quality shapes daily living.
Visit multiple times; check noise, micro-location, and future development before buying.
Is moving from Toronto to Vancouver actually more expensive for homeowners?
Moving from the GTA to Langley, BC, may increase monthly non-recoverable expenses by about 10-20%. Groceries and dining out cost more in BC, with grocery bills rising around 10%. Utilities are cheaper due to lower...