10/26/2026
Where Do Your Strata Fees Actually Go?
It’s a question many homeowners have, especially when monthly strata fees increase.
While every strata community is different, your monthly fees generally help cover more than you might think.
Here’s where some of that money goes:
• Building Maintenance: Regular upkeep of common areas, landscaping and shared facilities.
• Insurance: The strata corporation’s insurance coverage for common property and other insured assets.
• Utilities: Depending on the property, this may include water, garbage collection and electricity for shared spaces.
• Contingency Reserve Fund: Money set aside to help cover major repairs and future expenses.
• Professional Services: Strata management, accounting and other services that help keep the community running smoothly.
The important thing to remember? Strata fees aren’t just about today’s expenses. They’re also about planning for the future.
At Pivot Point Properties, we believe transparency, communication and proactive planning make all the difference.