Calculate monthly condo fees per unit based on your budget and fractional shares. Free.
v2 - updated August 14, 2026
Quick Answer: condo fees are calculated by apportioning the syndicate's annual budget among the fractions, in proportion to the relative value of each as stated in the declaration of co-ownership (art. 1064 para. 1 CCQ). That budget covers operating expenses plus the sums to be paid into the contingency fund and the self-insurance fund (art. 1072 para. 1 CCQ). The amount varies widely from one building to the next with age, size and amenities: use the calculator below with your syndicate's actual expenses rather than an average.
Condo fees (common expenses) are the contributions each co-owner pays to the syndicate to cover the building's shared costs. They typically include building insurance, maintenance of the common portions, utilities, snow removal, administration, professional fees, and the sums to be paid into the contingency fund and the self-insurance fund. Each unit's share is set by the relative value of its fraction as registered in the declaration of co-ownership - as a percentage totalling 100 (arts. 1041 and 1053 para. 2 CCQ). This free calculator lets you model budget scenarios and see the effect on each unit's fees.
Article 1071 of the Civil Code provides that contributions to the contingency fund are set based on the recommendations of a contingency fund study projected over at least 25 years. During the promoter phase, the article sets a floor of 0.5 % of the building's reconstruction value. A transitional floor also applies, set by Bill 16 itself (s. 153, para. 2) rather than by the Code: since Decree 991-2025 came into force on August 14, 2025, and until the board sets the sums on the basis of the first study, the sums to be paid into the fund are at least 5 % of the co-owners' contributions to the common expenses. A declaration of co-ownership may additionally set a more demanding contractual floor. These are minimums, not targets: for an ageing building the study commonly recommends a contribution well above them, and only the professional who performs it can put a number on yours. The budget must also carry a second, separate line - the self-insurance fund of article 1071.1 CCQ, dedicated to paying the deductibles under the syndicate's insurance policies; article 1072 para. 1 CCQ places both funds inside the contribution to common expenses.
The total annual budget is the sum of every category, contributions to the funds included. The monthly fee range shows the spread between the smallest and largest fraction; the average only describes a building whose relative values are all equal. The per-unit breakdown applies each fraction's relative value, and the table total must tie back to the budget. The contingency fund share is compared to the 5 % transitional floor from Bill 16 (s. 153 para. 2), computed on the total annual budget because art. 1072 para. 1 CCQ includes the contributions to the funds in it - a planning indicator, never a substitute for the study required by art. 1071 CCQ.
Compare your budget with averages from similar condos in your area. Identify areas where savings are possible. Ensure your contingency fund contribution is sufficient. CondoAide helps you create and track your budget, automatically invoice co-owners, and manage payments.