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Can Condos Remain Affordable?

Patricia Elia
Publication date:
May 5, 2022
Article Summary: 

The article discusses the growing concerns over the affordability and availability of housing in Canada, particularly in the context of condominiums. It highlights the need for condominiums to plan for capital asset replacement costs and adequately save in their reserve funds. However, the article also points out various issues affecting condominium owners, including the downloading of infrastructure costs onto condominiums, lack of access to courts, paying for specialized tribunals, and not being reimbursed for enforcement costs. The author questions the fairness of the condominium model within society and suggests that constant cost downloading to unit owners may lead to unaffordable living conditions. The article encourages constructive solutions to address these issues and ensure the affordability and sustainability of condominium living.


Condos, Affordability, Availability, Inflation, Housing Stock, Reserve Funds, Infrastructure Costs, Access to Justice, Condominium Authority of Ontario, Consumer Protection, Tax Breaks, Cost Downloading, Density, Bureaucracy, Affordable Housing, Condominium Owners.

Source Citation: 
Patricia Elia
Can Condos Remain Affordable?
May 5, 2022
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