I was wondering if there any way you can send me a listing of Lofts that are for sale in the GTA which don’t have any maintenance fees.
Thank you for your help and I look forward to your reply.
Paola Z.
No, there is no such thing Paola. Lofts come under the category of condominiums which means there are common areas with shared hallways, heating systems, roofing systems, plumbing, underground parking spots etc etc. you get the picture. Common expenses pay for the maintenance of these many items. Plus each common expense has a portion called Reserve Fund. The reserve fund is a percentage that is designated by Law which must be put aside for long term repairs. If you are in the price range you may consider free hold townhomes instead