Average maintenance fees across a dozen Toronto neighbourhoods increased twice as fast last year compared to historical norms, condos.ca data shows.

The average condo fee in 2020 was 73 cents per square foot, or roughly $475 per month for a 650-square-foot home. Fees increased 2.98 percent in 2021 and 2.72 percent in 2022, and then 5.51 percent from 2022 to 2023.