(Eaton) Lofts at 276

[tomh009]

Power is cheaper, yes, but some places don't really use much common power or heating (e.g. townhouses). Same with water or gas. In fact we don't pay for any of these things at my place in Waterloo except for a property manager, and it's still over $300/month. Landscaping and waste are a significant chunk. Some insurance. I usually look at the financials, but haven't this year.

For that one that you posted, the reserve fund certainly is taking a much smaller percentage of the revenues than I see at my place. But they also have much more services like a swimming pool (which in itself is surprisingly cheap).

At our building in Kitchener, without a pool or a concierge/on-site security, we spend roughly ...

• 27% on utilities (hydro, water, gas)
  
• 26% on reserve contributions
  
• 22% on building maintenance, landscaping and snow removal
  
• 18% on property management and cleaning