A monthly maintenance fee pays for the parts of the building nobody owns alone: the roof, the elevators, the corridors, the grounds, the building insurance, and the reserve fund that pays for the next major repair. It is not a tax and it is not optional. It is the running cost of the shared half of what you bought.
What a fee includes varies by building, and two identical monthly figures can cover very different things. Heat, water, hydro and parking are sometimes inside the fee and sometimes billed separately, which is why comparing two fees without reading what each covers tells you almost nothing.
24 Milton condo listings currently for sale state a monthly fee. Each line below is one listing, and each links to the listing where the fee is stated.
They are ordered by fee, lowest first. A low fee is not automatically the better deal: a building that underfunds its reserve today bills its owners for it later, and a special assessment is not visible in a monthly figure.
$1 a month, 2 bed, 1 parking, owned locker, in Timberlea. $300 a month, 3 bed, 20 parking, in Rural Milton West. $335 a month, 1 bed, 1 parking, owned locker, in Ford. $339 a month, 1 bed, 1 parking, owned locker, in Ford. $345 a month, 2 bed, 1 parking, common locker, in Beaty. $351 a month, 1 bed, 1 parking, in Cobban. $366 a month, 2 bed, 1 parking, owned locker, in Ford. $375 a month, 2 bed, 1 parking, owned locker, in Beaty. $384 a month, 1 bed, 1 parking, owned locker, in Clarke. $390 a month, 1 bed, 1 parking, owned locker, in Walker. $390 a month, 1 bed, 1 parking, owned locker, in Walker. $395 a month, 1 bed, 1 parking, in Walker. $399 a month, 2 bed, 2 parking, exclusive locker, in Willmott. $405 a month, 1 bed, 1 parking, owned locker, in Timberlea. $408 a month, 2 bed, 1 parking, owned locker, in Beaty. $408 a month, 2 bed, 1 parking, exclusive locker, in Beaty. $408 a month, 2 bed, 0 parking, exclusive locker, in Beaty. $408 a month, 2 bed, 1 parking, exclusive locker, in Beaty. $417 a month, 2 bed, 1 parking, owned locker, in Scott. $417 a month, 1 bed, 1 parking, owned locker, in Dempsey. $418 a month, 1 bed, 1 parking, owned locker, in Timberlea. $419 a month, 3 bed, 1 parking, in Timberlea. $423 a month, 2 bed, 1 parking, owned locker, in Willmott. $425 a month, 1 bed, 1 parking, exclusive locker, in Walker.
Parking and a locker are separate from the unit and are not standard. Some units carry an owned space, some an exclusive-use space, some none at all, and the difference matters both to what you can sell later and to what you pay monthly. The listing is the authority on which of those applies. Each line above states what that listing states.
A locker marked shared is not the same as an owned locker, and an owned locker is a separate title with its own value.
The status certificate is the document that answers everything a listing cannot. It carries the reserve fund study, any planned special assessment, the building's rules, and whether the corporation is in litigation. It is the single most useful thing you will read about a condo, and it is worth having reviewed before the conditional period closes.
Every active listing on the board, with the street and neighbourhood pages behind each one.
Browse listings →A valuation built from Milton sold data, not a national average.
Get a valuation →