Can someone clarify something for me.
If you rent, you pay nothing more than the 'Monthly Rent' (+damage deposit and or first/last month rent).
If you buy a condo (ie:25 Dominion & FiveFive), you pay your condo same as a house, + monthly condo fees, and the other + which I'm questioning, do you pay property taxes on condos?
Reason I ask is because I recently noticed on the fancy SNB Property Assessment web site, the Condos at the corner of 191 Queen & Lutz are paying massive tax levies for each units.
Example of 191 Queen Unit #21
Year Assessment Tax Levy
2017 198,000 5,625.18
2016 198,000 3,259.75
2015 198,000 3,197.97
2014 178,000 2,907.70
2013 174,200 2,844.67
https://paol.snb.ca/paol.html?lang=en&pan=03918896
If so, then anyone buying a FiveFive condo is going to pay incredible insame large amount of levies/property taxes each year.