Let’s break down the numbers step by step so everyone understands exactly how much more we’re paying.
1. Last Year (2024) – 2 bedrooms
- Monthly condo fees: $897
2. This Year (2025)
- Monthly condo fees: $1,041
- That’s already a 16% permanent increase compared to last year:
(1,041−897)÷897×100=16%
3. The Special Assessment
- One-time charge: $875
- Spread over 12 months:
875÷12=73
That’s $73 extra per month this year only.
4. Total Effective Monthly Cost This Year
- Regular fees = $1,041
- Plus special assessment = $73
- Total = $1,041 + $73 = $1,114 per month
5. Percentage Increase Compared to Last Year
(1,114 − 897) ÷ 897 × 100 = 24%
✅ Our effective monthly costs are up 24% this year.
We’re paying 24% more this year – and we weren’t consulted about it.
Wake up. Pay attention. Vote them out.