# Fees on homes

By [Brandon Donnelly](https://brandondonnelly.com) · 2019-09-18

altus-group, bild, bloomberg, boston, calgary, development, development-charges, economics, fees, housing, houston, impact-fees, miami, montreal, new-york, ottawa, san-francisco, taxes, toronto, vancouver

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A colleague of mine sent me [this Bloomberg article](https://www.bloomberg.com/news/articles/2019-09-16/fees-on-toronto-homes-among-highest-in-north-america-group-says) today and said, "Here's an article about things you already know." The article cites a recent report by Altus Group that compared government-related fees on new housing across Canada and the U.S. What they discovered will not surprise any of you who are in the industry: Toronto has some of the highest government-imposed charges on new homes.

![](https://storage.googleapis.com/papyrus_images/ff43686dd3b7b828ddf509c24181b045.png)

For new condo apartments, the report found that government charges can add up to as much as C$124,582 per unit. That's about 50% higher than the average unit in the U.S. and about 30% higher than the average unit in Canada (see above chart for the list of cities). While all of us in the industry can appreciate this, I don't think most homeowners and tenants understand this. Hopefully they're reading this post.

_Chart:_ [_Bloomberg_](https://www.bloomberg.com/news/articles/2019-09-16/fees-on-toronto-homes-among-highest-in-north-america-group-says)

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*Originally published on [Brandon Donnelly](https://brandondonnelly.com/fees-on-homes)*