Top 5 Etobicoke Condos with the Lowest Maintenance Fees I Could Verify (2026)

By Jatin Dua · Broker of Record, RE/MAX Quantum Realty · Updated 30 October 2026 · 8 min read — Five Etobicoke condo buildings ranked by the lowest per-square-foot maintenance fee I could verify from a named, dated source, with inclusions and checks.

How I chose these five

There is no public database of every Etobicoke condo’s fee, so I cannot honestly claim these are the five lowest in the district. What I can do is rank the lowest per-square-foot fees I could verify from a named source with a date, and explain why they are low.

My rules were simple:

• A dated, attributed figure: either strata.ca’s building average, which I read on 30 October 2026, or a figure on my own building page with its stated date.
• Per square foot, not per month: a monthly fee mostly tells you how big the suite is. The per-square-foot rate is the only fair comparison between buildings.
• Inclusions noted: a fee that includes hydro or internet is not the same as one that does not.

I deliberately excluded buildings where my only figure was a builder’s projected budget. 859 West on The Queensway is the example: its builder budgeted about $0.56 per square foot, but actual listings computed closer to $0.96 on my page.

Fees change every year with the budget, so treat every number here as a snapshot and confirm it on the status certificate. The order follows the lowest figure I could source, and the choice of buildings is my judgement, not an official ranking.

1. Reina Condos, 689 The Queensway

The fee

Reina had the lowest rate I found: about $0.59 to $0.62 per square foot, per my building page, which states its figures as at August 2026. That fee includes bulk high-speed internet and water, with hydro sub-metered separately.

Because internet is bundled, the saving is larger than the headline rate suggests. My page estimates that a Reina fee which looks similar to a neighbouring building’s is effectively $50 to $80 a month cheaper.

Why it is low

Reina is new: its corporation, TSCC-3158, registered on 23 December 2025. It is a nine-storey building with 200 suites and no pool, though it has a long list of lower-cost amenities such as a courtyard, rooftop deck, fitness centre, play rooms and a pet wash.

What to check

First-year fees in a new building come from the builder’s budget, not from years of actual costs. Compare this year’s budget with the next one and read the reserve fund study before you assume the rate will hold. Parking runs about $40 a month and a locker about $10, per my page. Suites run from roughly 520 to 1,485 sq ft and the mix is weighted to two and three bedrooms, so a low rate matters more here than in a building of small one-bedrooms. More on my Reina page.

2. Queensway Park Condos, 784 The Queensway

The fee

Strata.ca lists maintenance fees at $0.66 per square foot, lower than its neighbourhood average of $0.88. My own building page reported a range of about $0.66 to $0.74 as at August 2026, depending on source, with live listings supporting the higher end.

My page says fees include common elements, building insurance and water. Sources conflict on heat and hydro, so that is the first line to confirm on the status certificate.

Why it is low

This is a nine-storey, 170-suite mid-rise registered in 2022 (strata.ca lists completion in 2020). The amenities are practical rather than resort-style: concierge, fitness centre, playroom, library, art studio, pet wash and a terrace with gardens, with no pool on the list.

What to check

The gap between $0.66 and $0.74 is about $80 a month on a 1,000 sq ft suite, so ask for the exact fee on the suite you are buying rather than a building average. Suites run from about 453 to 1,162 sq ft, and 10-foot exposed concrete ceilings are standard. The building backs onto Queensway Park, and the 80 Queensway bus stops at the door. See my Queensway Park page.

3. The James Club, 1135 Royal York Rd

The fee

Strata.ca lists The James Club at $0.71 per square foot, which it describes as lower than the neighbourhood average of $0.72. My own page recorded the same $0.71 figure from strata.ca on 24 August 2026, so it held through the autumn.

Inclusions are generous for that rate. On my page, condos.ca lists air conditioning, common elements, heat, building insurance, parking and water.

Why it is low

The James Club is notable because it is not a bare-bones building. Condos.ca lists an indoor pool, guest suites, sauna, games room, media room and concierge. It is 14 storeys with 209 suites, built by Princess Group, with corporation TSCC 2158 registered on 30 May 2011.

What to check

A 15-year-old building with a pool is entering the years when major components come due. Read the reserve fund study for the pool, roof and mechanical systems. Strata.ca’s neighbourhood average of $0.72 means this building is only marginally below its immediate area, so the real story is what that rate buys. Royal York station on Line 2 is about a 20-minute walk by my measurement. See my Royal York Road condos page.

4. Ocean Club Waterfront Condominiums, 59 and 60 Annie Craig Dr

The fee

Ocean Club is the surprise on this list: a lakeside Humber Bay Shores complex at about $0.75 per square foot, per my building page’s review of active listings in October 2026. Monthly fees on those listings ran roughly $370 to $765.

Fees cover common elements, heat, air conditioning, water, building insurance and parking. Suites run from about 395 to 1,530 sq ft, so most monthly fees here are modest in dollar terms as well.

Why it is low

Scale helps. The complex has 519 suites across a 39-storey tower and a 10-storey building under one corporation, TSCC-2496, registered in 2015. It still has a full amenity list, including a saltwater indoor pool, steam rooms, fitness centre, guest suites and a rooftop garden.

What to check

This figure comes from listings, not the corporation’s budget, so confirm it. A pool, steam rooms and a 39-storey tower’s elevators are expensive to maintain, so the reserve fund study matters as much as today’s rate. Ocean Club is a useful benchmark: nearby Lago averaged about $0.94 and Waterscapes about $0.98 on my October 2026 pages. See my Ocean Club page.

5. The Royal York Grand, 1403 Royal York Rd

The fee

Strata.ca lists The Royal York Grand at $0.77 per square foot, against a neighbourhood average of $0.87. My page recorded the same $0.77 from strata.ca on 24 August 2026.

Inclusions are the weak point in the data. Condos.ca’s structured list and narrative conflict, with the narrative saying the fee covers common element maintenance, heat and water only.

Why it is low

The building is 15 storeys with 216 suites, built by H&R Developments, with corporation TSCC 2020 registered on 12 June 2009. Its published amenity set is thinner than The James Club’s, which usually means less to staff, heat and repair. The building is managed by Duka Property Management, per my page, and sits in Humber Heights–Westmount, further north on Royal York Road than The James Club.

What to check

Get the inclusions in writing from the status certificate before comparing it with The James Club. If heat is included here but air conditioning and parking are not, the two buildings’ rates are closer than the headline numbers suggest. A Royal York Road bus stop is about 110 m away, but the subway is about 4.1 km. See my Royal York Road condos page.

The five at a glance

What this means if you’re buying or selling in Etobicoke

A low fee is only good news if the reserve fund is healthy. A building can keep fees low by under-saving, and the bill arrives later as a special assessment, so read the reserve fund study and the last two budgets alongside the fee.

The flip side is that a high fee can be fair value. On my October 2026 pages, Palace Place averaged about $1.20 per square foot and Waterford Towers about $1.46, but Palace Place’s fee includes hydro, cable TV and parking. Compare your total monthly housing cost, not the fee line alone.

Patterns I see in the figures: mid-rise buildings without pools, like Reina and Queensway Park, sit at the low end, while large complexes like Ocean Club can spread amenity costs across many suites. Very new buildings, like Verge on The Queensway, may have no published fee at all yet.

The status certificate is the only document that settles the fee and its inclusions. My page on The Tailor notes it must be provided within 10 days of a written request, for a fee capped at $100 including HST. My Etobicoke condo directory lists the corporation number for each building so you can request it.

Frequently asked questions

Sources

• Living at Reina Condos, 689 The Queensway — Jatin Dua
• Queensway Park Condos, 7 Smith Crescent and 784 The Queensway — strata.ca
• Living at Queensway Park Condos, 784 The Queensway — Jatin Dua
• The James Club, 1135 Royal York Road — strata.ca
• The Royal York Grand, 1403 Royal York Road — strata.ca
• The Royal York Grand and The James Club — Jatin Dua
• Living at Ocean Club Waterfront Condominiums — Jatin Dua
• Living at Waterford Towers, 2083 to 2095 Lake Shore Blvd W — Jatin Dua

Related reading

• Top 5 Condos to Buy in North York (2026)
• Top 5 Condos to Buy in Downtown Toronto (2026)
• Top 5 Condos to Buy in Vaughan (Vaughan Metropolitan Centre, 2026)
• Top 5 Condos to Buy in Etobicoke