The strata fees essentially cover everything that will ensure your property and the building remains in good shape for use by the tenant. The management’s responsibility is to pay for these expenses, including maintenance, insurance, management fees, repairs and upkeep of utilities.

What is included in Strata fees?

The strata fees essentially cover everything that will ensure your property and the building remains in good shape for use by the tenant. The management’s responsibility is to pay for these expenses, including maintenance, insurance, management fees, repairs and upkeep of utilities.

What are strata fees in Canada?

What are strata fees, and how are they determined? Your monthly strata fee is money that the strata corporation uses to pay the common expenses of the development. Your individual fee is assessed by taking the total cost of the strata’s expenses and dividing that by the unit entitlement of your strata lot.