[Mattyyy]

Originally Posted by Taeolas

If you buy a condo, you own it. You own 1/X'th of the property (where X is the number of units). You pay your mortgage, and you pay condo fees to cover the costs to maintain the common property (snow plowing, landscaping, repairing roof, etc...), and some other costs (water, garbage removal...).

You do pay property taxes for your own unit. I'm not sure how SNB shows it, if they sum up the taxes for the entire property, or break it down per unit. I don't think the condo corporation is charged additional taxes on top of what the owners pay.

It's not any different from a house - you pay property tax based on the value of your property - which is the condo. No, the condo owner does not pay property taxes in addition to this - that would be double taxation.