When renting out a condo, one of the most common questions landlords (and some tenants!) ask is: who’s responsible for condo fees? Although this might appear straightforward, it’s a nuanced topic—especially here in Ontario. Let's clarify who pays what, how it impacts your taxes, and whether these fees are truly "worth it.

1. Condo Fees Are the Landlord’s Responsibility by Default

• By default, condo fees are tied to ownership—not tenancy. That means the unit owner (landlord) is responsible for paying these fees directly to the condo corporation. 

• That said, landlords typically account for these fees when setting rent—so tenants often indirectly cover them through higher rent.

• In rare cases, the lease may require tenants to pay condo fees directly—but this must be explicitly stated in the agreement. It’s uncommon and often not advisable for landlords. 

2. What Condo Fees Actually Cover

• Condo fees fund common-element upkeep, operations, reserve funds, and services such as lobby maintenance, elevators, gyms, and cleaning. 

• Importantly, condo fees do not include property taxes, which are billed separately by the municipality. 

3. Rent vs. Condo Fees: How They’re Handled

• In most leases, you’ll see an “all-in rent” price rather than a line item for condo fees. That’s because landlords bake fees into the rent to ensure they remain covered. 

• Tenants rarely pay condo fees directly—unless specified by the lease. Even then, as an Ontario renter cautioned:
  
  “Depends on the landlord, but I’d say it’s atypical to have the renter pay the condo fees. Condo fees should just result in up-charged rent.”
  

4. Tax Considerations: Condo Fees as Deductions

• When you live in the condo as your principal residence, condo fees are not tax deductible—they’re considered a personal expense. 

• However, if you rent out the condo, you can deduct condo fees as allowable rental expenses. You’re allowed to deduct your share of fees related to maintenance, repairs, and common property upkeep. 

• The CRA also categorizes this under “rental expenses,” particularly maintenance or management/admin fees. 

5. Are Condo Fees Worth It?

• While they add cost, condo fees often include valuable services: building maintenance, amenities, and contributions to emergency reserve funds. These perks can enhance tenant appeal and justify higher rent. 

• But it’s important to weigh the total cost—factoring in condo fees, taxes, insurance, and utilities—when evaluating property profitability.
  
  

Final Summary

In Ontario, condo fees are primarily the landlord’s obligation—but they’re often recouped through rent. Tenants usually don’t pay them separately unless the lease explicitly states otherwise. For tax purposes, owners renting out the condo can deduct condo fees as rental expenses, while owner-occupied units offer no such tax benefit. Ultimately, condo fees often reflect amenities and protections, and whether they’re “worth it” depends on your rental strategy and financial goals.

Frequently Asked Questions

1. Does rent include condo fees?
Typically, yes—rent often includes condo fees indirectly. Landlords factor fees into the rent, so tenants usually don’t pay them separately, unless the lease explicitly assigns responsibility. 

2. Do renters pay condo fees in Ontario?
Not usually. The landlord or owner pays them. Rent may be adjusted to offset fees, but tenants paying them directly is rare, and must be clearly outlined in the lease. 

3. Can you claim condo fees on your income tax in Ontario?

• Owner-occupied: No—you can’t deduct condo fees as a personal expense. 

• Rental property: Yes—condo fees related to maintenance and common expenses are deductible as rental expenses. 

4. Are condo fees worth it?
They cover valuable amenities—maintenance, management, and reserve funding—that can make your property attractive and better maintained. Whether they’re “worth it” depends on balancing cost versus benefit in rental income and property upkeep.

Nestled at the heart of Toronto’s vibrant Riverdale neighbourhood, Riverside Square offers more than just a stylish condo—it delivers a lifestyle shaped by community, culture, and connectivity. From green spaces to local hotspots and stellar urban amenities, here’s why Riverdale living elevates the experience for Riverside Square residents.

1. A Neighbourhood Rich in Community & Charm

• Riverdale blends peaceful, tree-lined streets with dynamic energy—from local cafés and boutiques to artistic venues.

• Families, professionals, students, and retirees alike find something to love here, thanks to its lively yet welcoming atmosphere.

• Community spirit runs deep, with residents frequently volunteering in community gardens or local events that bring people together.
  

2. Parks, Recreation & Outdoor Appeal

• Riverdale is home to sprawling green spaces like Riverdale Park, Withrow Park, and Jimmie Simpson Park—offering sports fields, trails, swimming facilities, and scenic skyline views.

• These parks cater to all seasons and ages, making Riverdale ideal for families, fitness enthusiasts, and nature lovers alike.
  

3. Top-Notch Schools & Family-Friendly Lifestyle

• Riverdale is known for its excellent schools and safe, well-kept streets—making it a standout choice for families.

• The neighbourhood’s strong sense of identity and stability only adds to its appeal.
  

4. Convenience Meets Connectivity

• Riverdale residents enjoy easy access to everyday necessities—grocery stores, transit, local shops, dining, and amenities are all just a stroll away.

• Smart transit access and walkable streets make Riverdale and Riverside Square highly liveable, even for those without cars.
  
  

Final Summary

Living at Riverside Square in Riverdale brings together the best of both worlds—a beautiful, community-rich neighbourhood and modern condo living. With parks, culture, safety, and connectivity all within arm’s reach, it’s an ideal home for those seeking character, convenience, and vibrant city living.

Frequently Asked Questions

What is the nicest condo building in Toronto?
While tastes vary, the Four Seasons Residences Toronto frequently tops the list for prestige and luxury, especially with its record-breaking penthouse sale that elevated its reputation citywide.

Is Riverdale, Toronto a good place to live?
Absolutely—Riverdale is widely regarded as a desirable neighbourhood thanks to its charming streets, excellent schools, community vibe, and convenient access to parks and amenities.

Is it a good idea to buy a condo in Toronto now?
2025 presents some compelling opportunities: condo prices have softened (down around 6–7% year-over-year), inventory levels are high, and mortgage rates have eased—all creating a buyer's market backed by improved affordability.
That said, market conditions remain volatile—condo investments should be viewed with a long-term perspective.

Is a waterfront condo a good investment?
Waterfront condos often carry lifestyle appeal and can maintain value consistently—though broader market factors such as rising inventories, shifting demand, and market correction pressures remain significant considerations in Toronto’s current context

Families are on the move in 2025, and they're looking for neighborhoods that blend safety, schools, space, and community. Whether it's room to play, walkable streets, or proximity to top-notch schools—Toronto’s family migration map is shifting toward places that feel both nurturing and connected.

1. Leaside – Safety, Schools & Community

• Why it's attractive: Widely cited as one of Toronto’s safest neighbourhoods, with low crime, top-rated schools, and handy amenities. Park access and family facilities make every day smoother.

• What families love:
  

  • Excellent schools like Rolph Road and Leaside High.

  • Abundant parks and recreation areas—think walking trails and sports fields.

  • A warm, well-connected community vibe. 

2. The Beaches – Waterfront Living & Family Charm

• Why it's hot: A perfect mix of lakeside lifestyle, tranquility, and family-friendly amenities. 

• Family perks:
  

  • Top schools like Kew Beach Junior Public School.

  • Woodbine Beach, boardwalks, and parks ideal for outdoor play.

  • Quaint shops and community events make it feel close-knit. 

3. High Park & Bloor West Village – Nature Meets Neighborhood

• What’s drawing families: Easy access to the city's largest park, plus a cozy village feel.

• Local draws:

  • Kids love the zoo, playgrounds, and cherry blossoms in High Park.

  • Bloor West Village has strong schools, vibrant local shops, and a walkable, community-rich vibe. 

4. Davisville & Rosedale-Moore Park – Mid-Town Comfort & Prestige

• Why they’re rising stars: Central location plus blend of safety, green spaces, and schools. 

• Why families pick them:

  • Davisville offers French immersion, nearby parks, and strong community infrastructure.

  • Rosedale-Moore Park is peaceful, upscale, safe—and anchored by beautiful ravines and heritage charm. 

5. Hidden Gems: Oakwood Village & Fairbank – Affordable & Up-and-Coming

• Why they matter: For families seeking value and future upside, these neighborhoods combine accessibility with growing appeal. 

• Why homeowners are watching:

  • Oakwood Village: Artsy, community-focused, with fast-selling homes (~$1.125M avg.) and future LRT access.

  • Fairbank: Charming and connected, with a strong sense of identity and affordability (~$1.06M avg.). 

Final Summary

In 2025, families are opting for neighborhoods that feel like home—places that balance safety, values, green spaces, schools, and community more than indulgence. Whether nestled in leafy midtown gems like Leaside or exploring affordable hotspots like Oakwood, Toronto’s family-centric movement is guided by lifestyle, not just location.

Frequently Asked Questions

What is the best area of Toronto for families?
Leaside stands out as a top choice: one of the safest neighborhoods with top schools, abundance of parks, strong transit links, and a warm, family-focused community. 

What is the safest neighborhood in Toronto?
Leaside consistently ranks among the city’s safest—thanks to low crime, active policing, excellent amenities, and accessible green and school options. 

What is the nicest neighborhood in Toronto?
Rosedale and Forest Hill are often considered the "nicest," blending heritage architecture, affluent prestige, ravine-lined streets, and central location plus green appeal. 

Where is the nicest place to live in Toronto?
Many consider Rosedale—home to legacy estates, lush ravines, charming streets, and heritage prestige—as one of the city’s most beautiful and coveted areas.